18 Dec 2008

Siemens new finance packages provide comprehensive support
In response to the current economic climate Siemens Building Technologies Security Solutions has launched its new range of finance packages. These provide innovative ways of working that enable organisations to provide first-rate protection for their staff, customers and premises as well as energy savings without the need for additional financial resources or increased capital expenditure. 

Siemens has a strong track record of delivering customised finance packages that provide equipment, finance and maintenance in a single package, guaranteeing fixed annual costs and easy budgeting. The improved programmes overcome the challenge of raising capital and enable projects to proceed, as well as freeing up capital for investment in core activities. Furthermore, organisations are guaranteed regular upgrades over the contract period with state-of-the-art technology.

By adopting these new finance programmes, customers can expect to benefit from reduced system costs, access to leading-edge expertise, improved cash flow and significant tax advantages. With Siemens providing everything from equipment financing, system design, installation and call-out response, customers can select from a wide range of options. 

Peter Hawksworth, managing director, for Siemens Building Technologies Security Solutions explains: "With these finance programmes we are assisting our customers in ensuring they get the right security, fire and energy management provision over the coming years. By providing long term contracts, tailored to their individual needs with the flexibility to change as their business evolves, our customers can stay in control of their resources." 

"By entering into a long term partnership, we are making it easier for customers to keep up to date with new technology without having to raise large capital sums. Costs are fixed and ‘inflation-proof' over a predetermined term to offer protection during economic peaks and troughs and Siemens financing schemes are extremely competitive.

By adopting these new finance programmes, customers can expect to benefit from reduced system costs, access to leading-edge expertise, improved cash flow and significant tax advantages
This additional source of financing for our customers is more important than ever given the current climate."

Rather than investing heavily in technology that is superseded within a couple of years, these new finance packages enable customers to embrace a range of security, communications, fire and building management without incurring the up-front capital cost. This applies equally to new developments as well as existing premises in need of updating.

Peter continues, "One innovative example of the way we work is our Capital Release scheme. As most organisations have already made considerable investment in electronic security, we help them keep pace with developing technology by ‘buying back' all their installed equipment and providing them with a capital sum for the value of that equipment and entering into a fixed term, fixed price agreement. Siemens views installed electronic security as an ‘asset', and as such it still has considerable value."

These programmes are financed in-house, with no third party involvement, providing equipment, regular upgrades, user training, service and funding directly from Siemens.