Keeping up with technology often means that businesses are budgeting for new purchases each year to continuously refresh their security infrastructure and taking a financial knock on the depreciating asset value of the outdated equipment. At least that has been the case up
until now.
New approaches to security asset financing, such as an operating lease enables the business to implement their security refresh projects, but without purchasing the equipment. This model keeps depreciating assets off the client’s balance sheets, while the supplier can offer their clients fully financed end-to-end solutions they can bank on.
The fundamental benefit of an operating lease agreement is that the business doesn’t have to drain its Capex to purchase equipment and software that will quickly become outdated within the next cycle. In fact, with leasing security equipment, what would have been a capital expense, becomes an operational cost, one that can offer a potential tax benefit to the customer. This makes sourcing new equipment or a complete security refresh more accessible to big and small businesses, alike, who otherwise may not have large chunks of capital to dip into for this kind of business re-investment.
What suppliers and businesses alike need is a trusted partner who specialises in understanding and providing flexible, end-to-end and hassle-free asset finance options, with quick turnaround times, to accommodate the ever-changing demands of business.
For more information, contact Tracy-Leigh Turnbull, Merchant West, +27 11 305 9400, [email protected], www.merchantwest.co.za
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