What Are The Key Benefits Of Challis WaterGuard?
- No Up Front Capital Cost
- Rentals can be spread over replacement or refurbishment period
- Saves Tax
- Eases cash flow with fixed rates
- Reduced water utility bills
- Reduced energy utility bills
- Reduced Carbon Footprint
- Enables achievement of sustainability targets
- Lease rentals paid for out of utility savings. Pay as you Save
- Enables installation and replacement of new design & technology
- Reduces Maintenance
- Reduced Overheads
- Regular replacement with new equipment
- Improved customer satisfaction/retention
- Confidence in dealing with UK's largest manufacturer
No Up Front Capital Cost
The biggest advantage of leasing equipment is that the cost is spread over a number of years; there is no need for you to pay the entire amount up front. This can significantly help maintain cash flow, which is critical to all businesses. Poor cash flow is the main cause of business failures, and leasing can help you to keep it under better control. Leasing can also allow you to use better equipment (e.g. A more efficient / faster / more accurate product) that would be too expensive to buy outright.
Leasing conserves valuable working capital and credit lines for more profitable use elsewhere in your business.
Rentals can be spread over replacement or refurbishment period
We realize that the period that units are required will differ from client to client and as such the lease term can be matched to specific replacement or refurbishment timetable ensuring that your brassware is kept up to date with new design and technology so you never have to worry about your properties looking dated or tired
Lease rentals are considered as an operating cost, which means that it is often possible to deduct them from taxable profits (as a trading expense). Rental payments are fully tax deductible and can come out of your funds before they are taxed. If you make a cash purchase from your capital you are using monies you have already paid tax on. This can mean the total cost of ownership can be lower by leasing than an outright cash purchase
Eases cash flow
As a lease agreement is always a fixed contract, it is relatively easy to budget and forecast with. The amount can be worked into your businesses budget much more easily than an irregularly occurring lump sum; allowing you to keep a much better control over current and future cash flow. In the event that you need an item replacing quickly, you can do so with a relatively minor monthly adjustment to the budget, instead of a lump sum that could seriously damage cash flow.
Reduced water utility bills
All our units are supplied with optional water saving technology which combines water efficiency whilst maintaining the performance you and your customers expect and require. Levels of water savings can be significant depending on your particular application and user profile. The large savings afforded by our water saving technology will dramatically reduce your organisations water utility bills. This saving can be used to offset monthly rentals and in some cases pay for them completely. Resulting in quantifiable and measurable pay as you save
Reduced energy utility bills
All our units are supplied with optional water saving technology which can save significant amounts of water. As a direct result of this water saving their is a reduced demand for energy to heat the water.
The large savings afforded by our energy saving technology will dramatically reduce your organisations energy utility bills. This saving can be used to offset monthly rentals and in some cases pay for them completely. Resulting in quantifiable and measurable pay as you save
Reduced Carbon Footprint
As a direct result of energy saving afforded by our technology there is a proven and measurable saving in carbon emissions. This is supported by approval of our technology by OFGEM under the CERT Scheme Carbon Emission Reduction Scheme under which over 4 million of our patented water saving fittings were distributed free of charge to households across the UK
Enables achievement of sustainability targets
Under our OFGEM approval our units are rated as saving 1.018 tones CO2. This rating is accurate auditable and verifiable and will enable your organisation to quickly and easily achieve sustainability targets.
Enables installation and regular replacement of new design & technology
With Challis WaterGuard you can ensure that your brassware is kept up to date with new design and technology so you never have to worry about your properties looking dated or tired
With our supply, fit & maintain contract we provide regular quarterly maintenance visits to ensure that units are operating correctly and at their maximum efficiency. The peace of mind and actual savings this option provides has proved invaluable to some clients
Regular quarterly maintenance under our supply fit & maintain contract means significant reduction in both maintenance and replacement costs whilst at the same time ensuring that your units are working at maximum efficiency reducing operating costs
Regular replacement with new equipment
At the end of your lease agreement you have the option to retain the use of the units for a small pepper corn rental or renew the lease at which time we will come in and replace all your units with brand new units and maintain the same level of payments as before. This enables your organisation to have up to date design and technology on a regular basis improving the look appeal and perception of your organisation.
Improved customer satisfaction/retention
The look and appeal of your facilities is of vital importance to the way your customer views and perceives your organisation. The ability to project an image of high quality, reliability, design, technology, performance and excellent service is a key requirement of customer retention. A customer's reaction to a new up to date designer shower is most likely to be very positive which in turn will improve customer retention/satisfaction and increase the likelihood of repeat business
Confidence in dealing with UK's largest manufacturer
Challis WaterGuard is administered by Challis Water Controls, the UK's largest manufacturer of water saving showers and taps. Over 15 years ago the directors of Challis Water Controls came from the corporate banking industry in to water controls which gives us a unique perspective and experience and enables us to combine the 2 very different industries with the resultant innovative bespoke finance product that is Challis WaterGuard
Over 4 million homes in the UK already have a Challis Water Controls product installed