Utilising the Benefits of Leasing with SS Systems.
Lease finance agreements have long been considered a smarter way to invest in assets. As the cost of pretty much everything is increasing at a pace that is beyond most budget forecasts, we thought it might be helpful to draw attention to the benefits of lease rental agreement for your fire and security requirements.
Lease Finance is available for Fire and Security Systems
With many companies already using lease finance for a wide range business critical equipment, from photocopiers to plant equipment, we wanted to let you know that lease finance can also be offered by SS Systems to aide you with any installation or upgrade works you may be considering.
Spread the Cost
The capital investment required to keep your premises, safe, secure, and up to date with legal legislation can be a large cost for many businesses, particularly those in large facilities, such as Logistics Sites, Manufacturing Plants, Schools, and Hospitality venues, to name but a few, where large volumes of people and valuable assets need that extra level of protection.
Budgeting for Capital Expenditure
We realise that sometimes these types of investments can get overlooked when budgeting for capital expenditure projects and therefore become less of a priory when other areas of investment offer benefits to direct income.
This can inadvertently leave companies vulnerable to security breaches such as theft or vandalism, or business loss due to fire damage, which in turn can have a negative impact on direct income and business continuity.
Utilising Lease Finance
Utilising lease finance enables companies to capitalise on the latest technologies, keep staff and assets safe, and ensure compliance with all current legislation.
Additional Benefits
Lease finance also gives our clients the ability to spread the cost over a manageable period, with additional tax benefits, and helping with cashflow in these extremely testing times.
Examples of Equipment available on Lease Finance
- Fire detection systems
- Emergency lighting system
- CCTV systems
- Access control systems
- Intruder alarm systems
- Fire Fighting Equipment
- Kitchen Suppression Systems
- Fire Suppression Systems
Benefits Leasing Offers
Have your Equipment Now
By making monthly payments, you can obtain the equipment that could benefit your company sooner, rather than waiting and saving to make a large capital outlay.
Quicker Return on Investment
As you are only paying a monthly rental, you benefit a lot sooner from your investment, sometimes within months, not years.
Tailored Agreements
You choose the length of the finance agreement that best suits you and your needs.
Easy Budgeting
Pay monthly instalments, suitable for your business needs.
Keep Cash Flow Intact
As monthly repayments are being made, instead of a large capital outlay, your cash flow is less impacted and could be used to invest in your other areas of your business or for items that cannot be financed.
Finance Decisions Made in Hours
No need to wait weeks to see if you are accepted for finance, we can tell you within hours and the sooner you can act, the sooner your business benefits.
Simple Agreements
Lease rental finance agreements are simple to complete and can be completed electronically to help you have the equipment you need sooner, not later.
Great Tax Relief
The lease rental payments you make will lower the amount of corporation tax you pay at the end of your financial year.
Lease finance agreements have long been considered a smarter way to invest in assets.
One of the main reasons for doing so is the tax relief businesses can receive.
The below figures demonstrate the tax relief comparisons between lease rental and cash purchase., on the equipment value of £7,500.00.
We have used a writing down allowance of 18% for the Outright Purchase Tax Relief example
Lease Rental Tax Relief
Duration of Agreement Relief Value
2 Years £1,650.92
3 Years £1,735.56
4 Years £1,822.88
5 Years £1,912.88
6 Years £2,005.51
7 Years £2,100.75
Outright Purchase Tax Relief
Duration of Ownership Relief Value
2 Years £466.83
3 Years £639.30
4 Years £780.73
5 Years £896.70
6 Years £991.79
7 Years £1,069.77
Cost Examples
Term of 2 Years
Weekly payments of £83.55
First payment of £362.04
23 monthly payments of £362.04
This equates to:
Total Cost of £8,689.04
Tax Relief at 19% of £1,650.92
Net cost of the finance £7,038.12
Term of 3 Years
Weekly payments of £58.55
First payment of £253.74
35 monthly payments of £253.74
This equates to:
Total Cost of £9,134.52
Tax Relief at 19% of £1,735.56
Net cost of the finance £7,398.96
Term of 4 Years
Weekly payments of £46.13
First payment of £199.88
47 monthly payments of £199.88
This equates to:
Total Cost of £9,594.13
Tax Relief at 19% of £1,822.88
Net cost of the finance £7,771.24
Term of 5 Years
Weekly payments of £38.72
First payment of £167.80
59 monthly payments of £167.80
This equates to:
Total Cost of £10,067.77
Tax Relief at 19% of £1,912.88
Net cost of the finance £8,154.90
Term of 6 Years
Weekly payments of £33.83
First payment of £146.60
71 monthly payments of £146.60
This equates to:
Total Cost of £10,555.32
Tax Relief at 19% of £2,005.51
Net cost of the finance £8,549.81
Term of 7 Years
Weekly payments of £30.38
First payment of £131.63
83 monthly payments of £131.63
This equates to:
Total Cost of £11,056.59
Tax Relief at 19% of £2,100.75
Net cost of the finance £8,955.84
The Examples given above are as stated on 17/10/22, supplied by Tower Leasing Ltd.
Peace of Mind
Every business should have an essential Fire and Safety System in place. This gives you peace of mind, that your business is protected against security breaches such as theft or vandalism, or business loss due to fire damage. Finance deals can make that achievable.
You choose what is right for your Business
If you have a project, whereby a finance agreement can benefit you and your business, let us know. A FREE site survey can be arranged and a no-obligation quote, with your leasing information will be prepared and sent to you, then the choice is yours.
If you have any questions, please give us a call on 03300 417 170 or alternatively, email: sales@sssystems.co.uk
