Is it worth leasing a safe?

Is it worth leasing a safe?
Security in business
22 September 2021

Entrepreneurs are increasingly recognising the need to protect company assets through burglary and fire protection. To store valuable materials, cash, goods, and even documents and data, it is best to choose solid and certified safes. This involves an investment, but it is worth knowing that there are various forms of financing, including leasing.

The purchase of a high-quality safe is a considerable expense, even for successful businesses. However, it is not necessary to commit a large amount of company capital to the purchase of this security at one time. This is because manufacturers of safes are increasingly meeting the modern needs of customers and, in order to meet their requirements, rely on flexible solutions, including various types of financing. One of the favourable options is leasing. Unlike credit, it does not involve so many formalities and procedures to be fulfilled, and its implementation is relatively fast. Financial and operating leasing has become an increasingly popular method for companies to finance various investments, e.g. car fleets, equipment or machinery, so there is no obstacle that it could not also be used for safes.

Leasing will allow you to maintain liquidity

This is an excellent solution for companies that are in the development phase and have significant values, but the purchase of a safe could affect their financial condition and liquidity. At the same time, such an investment will not hamper the company's activities and will keep it competitive on the market, as the capital will remain in the company and can be invested, for example, by purchasing new equipment, machinery or hiring employees. The company can also retain the overdraft facility or extend it for further expenditure.

Tax and accounting benefits

One of the biggest advantages of buying an office safe through leasing is the ability to deduct the full cost of instalments instead of long-term depreciation, as with a one-off payment. At the same time, the instalments are not treated as long-term liabilities, so they are not subject to additional taxation. Detailed leasing conditions are tailored to individual company needs.

An investment with a sure return

It is also worth treating the purchase of a safe not only as a necessary cost in a company, but as an investment that guarantees the security of property and capital. This is because it is easy to estimate what losses a company would incur if a theft occurred. An additional, intangible benefit of purchasing a safe is also the increased safety and comfort of employees. A home safe significantly reduces the risk of robbery and burglary.

We recommend to read:    When is it worth renting a safe?

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What do you need to pay attention to?

We care first and foremost about your satisfaction with the safe you purchase. Take our advice into account and choose a safe that perfectly matches your ideas and expectations.

  • Appropriate size of the safe
  • Type of the safe
  • Location of the safe
  • Resistance class vs. insurance
  • Lock
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