Canon Launches Joint Canon / Milestone Financing

By: Brian Karas, Published on Mar 31, 2016

The "completely separate" companies of Canon and Milestone have a great promotion for you.

Get low financing terms and possible rebates on any Canon or Milestone sales in Q2 2016.

Inside this note, we examine the joint offer Canon has released.

*** "********** ********" ********* of ***** *** ********* have * ***** ********* for ***.

*** *** ********* ***** and ******** ******* ** any ***** ** ********* sales ** ** ****.

****** **** ****, ** examine *** ***** ***** Canon *** ********.

[***************]

Offer *******

***** **** ** ***** for ***** ** ********* products ** ***********:

  • *.**% ********* ** ** month *****
  • *% **** ** $*** or ****
  • *% **** ** $**** or ****
  • *% **** ** $**** or ****

Canon ******** ***** ******

*** ****** *** **** through ***** ********* ********, * ********** **** Canon *** *** *** many *****.

***** ** * *****-******* dollar ******* **** *** the ********* ** ***** things **** *********/******* **** other ******** ************* *** not ***** ** ******.

*** **** ****** ******** for *********** ******* *** lease ******* ** ** go ** ** ******* option ****** *******.  

*****'* ***** ******* ****** be ****** *** ***********, as *** ****** ******* will ** **** ******** with ********* ****** *** market ********** **** * general ******* ********* **** GE ******* *****.

Axis *********?

******* ****** **** **** offer ** *****'* ***** video ******** *******, ****.

********** ***** ************ ** Milestone *** ****, ***** has******* **** *** ********* would ** *********** ***********.

**** ***** ***** ** appear **** **** ** **** "separate" **** *********.

Restrictive ** ***********, *********** ** *** *****?

**** *** ********* **** commonly **-**** ****** ***** ************ by *****, **** **** integrators ******** **** ******** to ****** * ******** sale.

**** ***** ******* **** offer ** ***** ** their *********** **** *** causing **** ***-**** ******** to *********** ******** ******* Canon ******* ***** **** might *** **** ********** in ***** ** ******* for ***** ** ****** terms.

**** ***** ***** *********** to ***** ********* **** from ** **** ****** to * ***** ***.

3.99% **** ** ******* ** ****

***** ********** **** ** a "***" ****, *** a ****** ** ******** ********* ***** ***** ***** **** ***** ***** 4.00% *** *** **** hard ** ****.

**** ******* *** ** attractive ** *********** **** need **** ********* ********** in ***** ** ****** a ***** *******, ** that **** ** **** the ******* ***** ******* to ***** ********.

[******/**********]

*** **** ******** ***** listed ***** ******, *** interest *****.  *** *.**% rate ** ****** **** average, ***** ******* ******** equipment ****** ***** ****** fall ** *** *-*% range *** * ** month ****.  

Rebate ******* **** **********

*** ***** ******* *** not ** ********** ** applicable *** *** ***********, but *** ****** ******* could *** **.  *% back ** $***,*** ***** of ******** ****** ** $9000, ** ********** ****** to **** ***********.

Comments (6)

Undisclosed Integrator #1

03/31/16 09:43pm

Well that just went against the " Milestone Canon firewall"..

Avatar

Mark Jones

05/22/16 01:43pm

Interesting and thank you IPVM. 4% is in fact below the norm. Most of the rates I have seen and negotiated are at least 3-5 time greater than that.

Worth taking another look at after some years have passed.

John Honovich

IPVM | In reply to Mark Jones | 05/22/16 01:55pm

4% is in fact below the norm. Most of the rates I have seen and negotiated are at least 3-5 time greater than that.

Mark, can you clarify? When you say 3-5 times greater, you mean 12-15% interest rate?

Avatar

Mark Jones

05/22/16 02:16pm

Yes. A well known underwriter for security equipment leases has confirmed with me within the last year, on two different occasions that their rate is 15-20%, with 21 being their target.

Avatar

Brian Karas

IPVM | In reply to Mark Jones | 05/23/16 03:04pm

Mark -

Not sure who you are referring to, but I have a contact at another leasing company that I've known for while and have spoken with several times over the years.

I got an update this morning on latest rates, and it basically comes down to:

Deals $30K-$60K ~9-12%

Deals $60K-$100K ~7-8%

Deals $100K+ ~6-7%

Deals $300K+ ~5.5-6%

Even a $2000 lease (and yes, they'll go that low) was only "low to mid teens" as he quoted it.

Rates are affected by term, they'll do 12-60 mo. terms, and all deals are non-recourse to the dealer by default (so you still get paid even if the customer defaults).

There is a $125 doc fee, and they look for first and last payment up front.

They do a lot of business with security companies/equipment.

Let me know if you'd like contact info.

Avatar

Mark Jones

05/23/16 03:09pm

Thanks Brian. I appreciate it.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Integrators

Altronix Claims Tango 'Eliminates Electricians' on Oct 15, 2019
Power supply provider Altronix claims its new Tango power supply 'eliminates the need for an electrician, dedicated conduit and wire runs'. In...
Top Ways Security Integrators Improve Their Careers on Sep 03, 2019
With DIY products expanding and the future of integration debated, how do integrators stay sharp so they are not left behind? 180+ integrators...
Security Integrators Outlook On Remaining Integrators In 2025 on Aug 22, 2019
The industry has changed substantially in the last decade, with the rise of IP cameras and the race to the bottom. Indeed, more changes may be...
Biometrics Usage Statistics 2019 on Aug 13, 2019
Biometrics are commonly used in phones, but how frequently are they used for access? 150+ integrators told us how often they use biometrics,...
US Government Ban of Dahua, Hikvision, Huawei Takes Effect Now on Aug 13, 2019
The 'prohibition on use or procurement' of Dahua, Hikvision and Huawei products and 'essential components' take effect today, August 13, 2019, one...
Proactive CCTV "Only Affordable Video Archiving Solution" Profile on Aug 12, 2019
Proactive CCTV is claiming to offer "the only affordable video archiving solution on the market", reducing the storage typically required for H.265...
Responsibility Split Selecting Locks - Statistics on Jul 22, 2019
A heated access debate surrounds who should pick and install the locks. While responsible for selecting the control systems, integrators often...
Mobile Access Usage Statistics 2019 on Jul 18, 2019
The ability to use mobile phones as access credentials is one of the biggest trends in a market that historically has been slow in adopting new...
Poor OSDP Usage Statistics 2019 on Jul 09, 2019
OSDP certainly offers advantages over decades-old Wiegand (see our OSDP Access Control Guide) but new IPVM statistics show that usage of OSDP, even...
Maglocks Usage Statistics 2019 on Jul 01, 2019
Maglocks divide access control specifiers perhaps more than any other component. Many are concerned about life safety codes, but others cite...

Most Recent Industry Reports

US DoD Comments on Huawei, Hikvision, Dahua Cyber Security Concerns on Oct 16, 2019
A senior DoD official said the US is "concerned" with the cybersecurity of Hikvision, Dahua, and Huawei due to "CCP" (China Communist Party)...
Pelco Sarix Pro3 Camera Tested on Oct 16, 2019
Pelco has released their Sarix Professional Series 3 cameras, claiming "more security detail in challenging scenes with excellent low light and...
IPVM Camera Calculator User Manual / Guide on Oct 16, 2019
Learn how to use the IPVM Camera Calculator. The guide below includes instructions, images, gifs, and videos demonstrating and explaining the...
Altronix Claims Tango 'Eliminates Electricians' on Oct 15, 2019
Power supply provider Altronix claims its new Tango power supply 'eliminates the need for an electrician, dedicated conduit and wire runs'. In...
Pelco CEO Out, Seeking New Industry CEO, New CEO Found on Oct 15, 2019
Just 2 months after Pelco was sold, Pelco's CEO is out, with Pelco bringing in an outside President and searching for a new CEO from the industry,...
Hikvision Dissolves North American Business Unit, Splits Canada and USA on Oct 15, 2019
Hikvision has dissolved its North American Business Unit, splitting up US and Canada operations as the PRC-government owned manufacturer faces...
Camera Focusing Tutorial on Oct 14, 2019
Camera focus is fundamental to quality imaging. Mistakes can significantly reduce details, making cameras less effective. In this guide, we...
"UL Has Blood On Their Hands" Alleges The Interceptor / Keith Jentoft on Oct 14, 2019
"UL has blood on their hands" alleges Keith Jentoft of "The Interceptor Project". We examined The Interceptor in-depth last year, see: The...
Access Control Course Fall 2019 - Last Chance on Oct 14, 2019
Register Now - Fall 2019 Access Control Course. Thursday, October 17th is the last day to register. IPVM offers the most comprehensive access...
Axis HD Analog Encoder Tested on Oct 11, 2019
Two years after declaring "Everything is IP", Axis has released their first HD analog encoder, the P7304, with support for AHD, CVI, TVI, and SD...

What IPVM Is

The world's leading authority on video surveillance, with 200,000+ visits monthly.

  • Articles on cameras, video analytics, VMS, and trends
  • Tests showing actual performance and problems
  • Courses in surveillance, access control, etc
  • Camera Calculator for designing systems

Dedicated To Independence

We're dedicated to staying independent and objective. We're the only industry source to refuse any and all advertisements, sponsorship, and consulting from manufacturers. Why?