LeaseChoice provides a comprehensive suite of equipment funding and management solutions. We source wholesale funding to package solutions specific to your industry and business. Thousands of Australian organisations have utilised our facilities to achieve optimal cashflow and tax effective solutions for their equipment and infrastructure requirements. Our platform provides clients with a complete asset management solution through procurement, financing, management and disposal. A total cradle to grave philosophy tailored to your business needs.

LeaseChoice is able to access wholesale funding lines through diverse local and internationali nstitutions. This gives you greater access to credit at market leading rates. Our LeaseChoice consultants specialise in specific industries and market segments and have initimate knowledge of your business and your competitive environment. LeaseChoice systems are best of breed and designed with a customer centric approach. You have instant access to all equipment and contracts; information to help facilitate better decision making whenever you need it.

Leasechoice Pty Ltd is pleased to announce a strategic alignment with listed mortgage and financial services group, Firstfolio Limited (ASX:FFF), The strategic alignment involves a transfer of the Leasechoice origination team, funding capacity and systems to Firstfolio Limited, who will seek to further develop and build upon Leasechoice’s national leasing origination infrastructure and distribution.

Service providers trying to take advantage of new, less disruptive trenching

methods for their FTTH deployments may encounter resistance from

municipal authorities who are unfamiliar with these methods. Here are the

answers to any questions municipalities may raise about micro-trenching.

It’s tough being a municipal manager. Managing roads, sidewalks, bridges, water lines, sewers, power lines, gas lines and buildings faithfully and regulating companies championing every new-fangled technology – all under the banner of economic development – is a demanding job. Managers are pushed and prodded in all directions trying to protect residents’ needs today while enabling economic development to serve their interests into the future. No wonder they approach new methods with caution. Managing the exponential growth of fiber optic networks is one such daunting challenge facing municipalities all over the world. One creative solution that has emerged to dramatically lower the cost of first-mile fiber networks is micro-trenching.

Micro-trenching is a low-impact deployment methodology in which fiber and conduit are inserted into a slot-cut trench less than 3/4 inch wide and between 9 and 12 inches deep – without damaging or disrupting existing infrastructure. In fact, when the trench is properly reinstated and backfilled with a cold asphalt material, it is difficult for the casual observer to see it. The cost savings, speed of deployment and reduction in resources over conventional trenching are compelling.

What’s the right lease for you?

Does your company have a point of view on leasing versus the outright purchase of capital equipment?

Have you considered how redundant technology might compromise the integrity of your current security system?

Does the affordability of certain security system technology influence the type of security solution you end up with?

SSE Installations recognises that many organisations struggle with these and other questions when it comes to choosing the right security solution. That’s why SSE Installations provides its customers not only with the appropriate security solution but also with a range of options that address the cost of that solution. For example, we can offer the option of taking out an operating lease with SSE Installations to reduce the capital expense involved with your company’s security needs.

Leasing programs can be tailored to your individual needs and include Comprehensive Maintenance which provides equipment warranty over the life of the agreement. This leaves you with ongoing support to assist you in the operation of your security system, for the life of your system. And because SSE Installations specialise in electronic security systems, our customers will always have access to the most advanced equipment on the market.

Frequently Asked Questions 

Q. Why should I lease?

A. Keep Debt off the Balance Sheet.

Generally accepted accounting principals allow lessees to acquire assets without the accompanying debt appearing on their balance sheet.

• Minimal down payment required.

Most traditional financing options require a sizeable down payment. SSE Installations has reduced the price of electronic security dramatically by replacing high, up front purchase costs with a minimal down payment amount followed by low monthly payments. Leases can also include “Low” costs like installation and maintenance packages.

When equipment is purchased with borrowed funds, credit lines with lenders are reduced. When equipment is leased, businesses have, in fact, established additional lines of credit with the lessor.

• Improve your profitability and liquidity.

When a company purchases equipment, it must capitalise the equipment on its balance sheet by showing it as an asset, along with a corresponding liability for any loans used to finance the equipment’s purchase. This alters various financial ratios e.g. Debt/Equity. However, if a lease is classified as an operating lease for the lessee’s financial reporting purposes, it is not required to be capitalised in the financial statements.  Furthermore, the only expense appearing on the lessee’s income statement attributable to the lease would be the full lease amount of the payment.

Q. What should I do if I have problems with the equipment that I lease?

A. SSE Installations is solely responsible for service or warranty issues and we will support your equipment over the term of the lease. Leasing agreements come with Comprehensive Maintenance for the duration of your contract.

Q. What is Comprehensive Maintenance?

A. As part of your leasing agreement, you will receive added value with the inclusion of Comprehensive Maintenance on all system repairs (including parts and labour) for the duration of your contract. Some conditions apply, please ask your SSE Installations Consultant for further detail on these conditions and how a Service and Maintenance plan can minimise the risk to your property and assets.

Q. What happens at the end of my operating lease agreement?

A. At the end of the term you have the flexibility to:

Refurbish the existing equipment with new equipment under a new agreement, Continue with the operating lease, Offer to buy the equipment at “market value”.  

Q. Can I cancel the agreement?

A. An operating lease is a fixed term contract, if you cancel, you must pay out the balance of the agreement.

Contact SSE Installations on 02 8001 6654 and we will look after you leasing needs

In the past, some external detectors have either been very difficult to set up, or poor performance has been blamed on bad installation. Usually, the two factors have some bearing on each other. If a detector is difficult to set up then the chances are that a few will be installed incorrectly.

The detectors were installed in a large yard, All of the systems were tested simultaneously, and all were mounted as per the manufacturers specifications. cable runs were of a similar lengh.

     PRODUCT                                   OVERALL RATING

Optex HX40                                    8/10

Takex MS12FE                             8.2/10

Texecom prestige External TD     8.5/10

Risco Group WatchOut Dt       8/10

All testing done by Benchmark magazine

Personal Safety in the Workplace

The Victorian Police website has some useful tips to help you remove the element of opportunity for crime within the workplace for both employers and employees.

Find out more about personal safety from the VIC Police website

Online tool to benchmark your organisation’s security

A new on-line toolkit allows companies to assess how secure they and their employees are.
Developed by Perpetuity Research and Consultancy International Ltd, a spin-off company from the University of Leicester, the on-line benchmarking tool enables organisations to benchmark their security.
The tool - hosted on the Perpetuity website - is completely free of charge and easy to use. It enables organisations to benchmark their organisation against others in the industry.

Go to: http://www.perpetuityconsultancy.com/benchmarking.html

Supplied by ASIAL

When it comes to cost-effective security, then access control in its various forms has to be consided. There are some very flexible options allowing most applications to implement an additional layer of security. All of the systems were tested simultaneously, and all were mounted as per the manufacturers specifications. cable runs were of a similar lengh. The object of the exercise was to see how easy the units were to install, and to access the audio quality.

     PRODUCT                                   OVERALL RATING

Bitron Video AV2058/51                       8.12/10

BPT Villa1N/HP-YCUK                             8.25/10

Fermax Citymax                                 8.25/10

Raytel 885H/240                                 8/10

Videx 3000 Series                               8/10

All testing done by Benchmark magazine

For the test, three single low risk doors were fitted with the devices. The specifications was for simple, cost-effective area management, with a minimal investment on equipment. Foe the customer, aesthetics count highly when it comes to any item mounted in full veiw. As such, we asked a number of end users which devices they would select for there sistes, and why.

     PRODUCT                                   OVERALL RATING

ACT ACT10                                     8/10

PAXTON ACCESS K38                   8.12/10

SIEMENS K44 Duo                       8/10

All testing done by Benchmark magazine

The NSW Police Force has recently written to all alarm monitoring centres to advise them of important new guidelines when requesting police attendance to alarms (see accompanying Schedule.)

This initiative is designed to help focus available police resources on attending genuine/potentially serious incidents. NSW Police Force alarm response guidelines can be broadly summarised as follows:

1. NSW Police Force policy is, in the main, to respond to all reported ‘hold-up’ alarms deploying warning activation devices.

2. A reported ‘hold-up’ alarm must: (A) relate to a Schedule 1.1 customer and (B) must have installed a purpose manufactured security activation device that can only be triggered by two deliberate independent actions (in order to avoid accidental activation).

3. Any monitoring centre that reports ‘hold-up’ alarms to NSW Police Force and fails to comply with the above two specific requirements will be in breach, and will risk prosecution by NSW Police under Section 474.18 of the Criminal Code Act 1995.

4. NSW Police Force will respond to Schedule 1.2 & 1.3 reported duress alarms that the monitoring centre believes are genuine. However:

5. All other alarms (e.g. all Schedule 2) must be verified before calling police, typically by a phone call to the premises or emergency contacts, remotely monitored video verification, or by customer or mobile patrol visual verification. Otherwise:

6. Police response to all other reported alarms other than Schedule 1.1 alarms will be to prioritise and attend as and where possible based on workload at the time, and not deploy warning activation devices.

7. Police will also not respond to any reported alarm (including a ‘hold-up’ alarm) unless the name of the nearest cross street is provided.

While NSW Police Force is aware and mindful of legal and operational complexities resulting from monitoring centre/bureau relationships, they will not accept these as justification for ongoing non-compliance.

Australian Security Industry Association Limited

THE WORLD’s first marine  has released a new range of products that eliminate the need for keys securely using fingerprint technology.

The products in combination will cater for cabin entry, power switching including battery isolation and engine starting.

According to the company, the technology has been developed specifically for use on boats, and have been designed with the marine environment in mind

Security Industry News