Siemens Building Technologies' Security Systems Division has introduced a new sales and leaseback programme, called Capital Release, covering all makes of electronic security and monitoring equipment.

The company says it enables "delivery of state of the art technology and first rate service as well as an immediate cash injection".

The programme involves buying all existing installed security equipment and providing a lump sum to the client in return for a fixed term, fixed price rental agreement.

Siemens says this provides the client with "all the benefits of traditional rental" as well as providing immediate capital for investment, allowing equipment upgrade and improved service without an additional capital budget, releases time for the client to focus on core business activities, offers significant tax advantages, and can save up to 30 per cent over the contract period in relation to outright ownership.

"The Capital Release scheme is fully researched and approved and most importantly it adheres to accounting regulations," the company says. "The concept is relatively simple – a full audit is taken of all security equipment from any number of suppliers, and a value is put on it, depending on age and condition.

"Siemens then provides its client with a lump sum payment for the full amount and charges a rental fee that encompasses technology upgrades and full service for a period of years. It is a programme that is particularly attractive to retailers and to shopping centre owners and operators."

Source

Security Installer