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 upfront.
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.
Saves tax
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
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.
Reduces Maintenance
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.
Reduced Overheads
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 UKs largest manufacturer
Challis WaterGuard is administered by Challis MS Ltd, the UKs
largest manufacturer of water saving showers and taps. Over 15 years ago
the directors of Challis MS Ltd came from the corporate banking
industry in to water controls which gives us a uniqe 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
product installed
