1.      100% financing: Minimal down payment.

       Includes installation, wiring, cabling, shipping, software, configuration, etc...

2.      Capital conservation: Keeps money available for other income producing opportunities.

3.      Preserves credit line at the bank: Keep existing lines open while providing new source of credit.

4.      Avoids violation of financial covenant restrictions: Bank credit lines contain certain financial restriction dictating current ratios, liquidity, liability, and debt ratios.

5.      Fixed rate/fixed payment: Bank loan interest rates can fluctuate causing payments to increase from one month to the next.

6.      Tax benefits: Reduces actual cost of the equipment.

7.      Benefit/cost matching: Pay as you use.

8.      Flexible lease structuring: Creative terms and conditions to meet your needs.

9.      Obsolescence protection/life cycle management.

10.  Hedge against inflation: Payments are for a fixed term.  These payments are made with progressively “cheaper” dollars.

11.  Lowers total cost of ownership.

12.  Improves liquidity, leverage, solvency and profitability ratios.

13.  Makes new technology affordable.

14.  Allows periodic equipment evaluation.

15.  Provides equipment for short term projects/developmental use.

16.  Facilitates planned replacement of asset.

17.  Full use without ownership

18.  Payments deducted over shorter period than depreciation.

19.  Enables upgrades without refinancing.

20.  Internal capital approval process bypassed.

21.  Decentralizes decision making.

22.  On the spot financing/one stop shopping.

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The Benefits of Leasing...
By now you realize that a Signs Plus LED sign will make your business more profitable.   However, you may still be wondering, “Can we afford it right now?”

LEASING IS THE SOLUTION!

Leasing is one of the fastest-growing ways to finance equipment in business today. A recent Gallup survey found that 80% of U.S. businesses lease a portion of their equipment. The list of companies leasing ranges from Fortune 500 companies to the family store. A growing business is apt to face the dilemma of limited cash flow and the need to add equipment. Leasing can put that equipment to work for you without a major capital investment and with real cash-flow advantages.

·    Low Monthly Payments
Your monthly lease payment will usually be lower than the payment required by other methods of financing. You can actually afford more of the best with leasing.

·    Acquire Equipment Without Tying Up Capital
Where other types of financing require a hefty down payment, leasing is 100% financing.  Most lease agreements require an advance of only one or two monthly payments.  Leasing puts the equipment to work immediately, at a minimal up-front cost.

·    Protected Lines of Credit
Lease payments have no impact on your credit lines with your banks. Your borrowing power is preserved for other business opportunities.

·    Eliminate Obsolescence
"The newest innovation" doesn't stay new. Leasing gives you today's best technology and then allows you to upgrade when the signage has outlived its advantage or, if you simply want to upgrade your signage before the term has expired, you may do that well. You can eliminate the hassle of trying to sell your sign package at a depreciated value.

·    No “Hidden Costs”
Leasing gives you more than just the sign package. It also can cover the cost of delivery and installation. Your lease includes everything it takes to actually put the signage up.

·    Tax Advantages
Purchases are made with after-tax dollars. Your lease payments are usually considered a pre-tax business expense and as such may reduce your taxes.

·    Accounting
Lease payments are little more than a line-item in your monthly cost of operations – a minimal bookkeeping effort that frees you from time-consuming depreciation schedules.

·    Fixed Payment
Remember 1980, when interest rates sky rocketed from 9% to 21.5% in a single year?Unlike bank lines of credit, with variable rates, lease payments are fixed – no matter what happens to the market tomorrow.

·    Good Business Sense
A properly tailored lease program gives you the benefit of having the equipment you need without all the risk and financial pressures.
     • Leasing minimizes the demands on cash flow
     • Leasing eliminates investing in obsolescence
     • Leasing keeps your bank credit lines open
     • Lower interest leases (savings typically are 1 to 2 percentage points on
        smaller leases, more on larger financings)
     • Less dependence on grants and other financing

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Frequently Asked Questions...

·    Why lease?
Leasing is the smart way to add all types of equipment to meet the your business needs.
• 100% financing of sign package. (Installation, permits, freight, clean up, misc.)
• Leasing plans are available which offer fixed payments geared to match your cash flow.
• Access to the equipment you need without making a large down payment or impacting your available lines of credit.
• Lower interest rates (savings typically are 1 to 2 percentage points on smaller loans, more on larger financings.
• More funds available for operations or endowment
• Less dependence on grants and other financing

·    Who can lease?
Any non-profit organization, association, corporation, LLC, sole-proprietorship.

·    Is a down payment required?
A down payment in the amount of one payment or a security deposit is needed.

·    Can the equipment be upgraded?
Yes. One of the features of a lease is that you do not run the risk of obsolescence. As technology advances and your needs change, the lease agreement can change too.

·    Can I add other capital equipment improvements to the financing package?
Yes, simply include the necessary information pertaining to the additional equipment improvements in with your lease application for our credit department to review.

·    Who should sign the lease?
The lease should be signed by the majority owner(s) of the corporation, by both partners of a partnership, or by the owner of a sole proprietorship.

·    Is insurance necessary?
For the protection of our lessees, the sign package must be insured. Insurance can be provided by your insurance company or we can provide insurance coverage for you.

·    What is depreciation?
Depreciation is the amount of an asset’s (equipment) cost that is deemed to have expired during the course of an accounting period (lease).

·    What is the monthly payment?
Based off the terms and conditions granted (12-60 months), the monthly payment will be based off your organizations credit quality.

·    How do I start a lease?
Arranging an equipment lease is fast and easy.
• You can get a quote and submit your application online using the link at the top of this page
or
• Complete the simple, one page lease application, then fax it back for processing.
• When the application is approved – usually within 24 working hours of our receiving the necessary information – we will send out the lease agreement overnight to you for signature.

·    What information is generally asked for to begin a lease?
To determine the prospective lessee’s ability to meet the obligations of the lease agreement, the following information is reviewed:
• Time in Business
• Business Checking Account History (if applicable)
• Trade References
• Credit History on business
Minimum sign package must be at least $3,000.00.

·    Is there a pre-payment penalty for early pay off?
No, there are no fines assessed. Simply contact the customer service office and they will be glad to give you the balance due.

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Companies with fewer than two years in business...
The following items are needed to submit for credit approval
• Clean Personal Credit / Satisfactory Bank Relationship
• 3 Good Trade References / Satisfactory Comparable Credit History
• Two years personal tax returns on principals
• Current interim statement on the business if last tax returns where prepared over three months ago
• Credit application with reference sheet / Resume on Principle parties (if applicable)
• Detailed Equipment list with pricing
Terms and conditions are subject to credit approval
Currently offering terms ranging from 12-60 months
Zero, One or Two advance payments
$1.00 buyout or 10% buyout options (balloon payment at the end)

      While the Finance market is at an all time low, NOW is the time to buy the equipment you need to grow your business especially during the rising economy. Why wait!! Contact your representative for more details.

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Leasing Application...
To download a copy of our Leasing Application click HERE.

This file is in Adobe Acrobat format. If you do not have Adobe Acrobat click HERE.

If you would prefer to have our Leasing Information Packet mailed to you please CONTACT us and we'll be glad to send one right out!