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Leasing makes digital signage hardware more affordable for some
March 13, 2008
HAUPPAUGE, NY — CI Lumen Industries LLC has announced the availability of a variety of aggressive leasing options for purchasers of its LCD monitor products and services. CI Lumen has secured pre-arranged terms with a leasing partner aimed at easing transactions for customers and financiers. Leases may be structured to include not only standard or custom LCD monitors and services including product installation, technical support and in and out of warranty service. Lease terms and rates are more favorable for customers with better credit histories. Purchases totaling greater that $15,000 are eligible for this noteworthy leasing service.
"CI Lumen is helping qualified customers lease the equipment they need to succeed," said Jacob Kohn, CFO of CI Lumen. "When our customers let our professional, experienced team help arrange financing, everybody wins. The customer gets his product having a minimum expenditure of time and effort and we are able to build and ship to monthly requirement schedules safely, with few or no added charges. This savings is passed along to the customer in the form of lower acquisition costs."
Advantages to leasing hardware
There are many important components to a successful equipment financing program, including competitive rates, flexible terms, fast response and service. Leasing allows companies to purchase the equipment needed immediately while spreading payments affordably across time. This method allows the reserve of capital for other day-to-day expenses and because a lease is not considered a long-term debt or liability, it does not appear as debt on financial statements, thus making companies far more attractive to traditional lenders when needed.
According to research by CI Lumen, approximately $4.4 billion in industrial equipment is leased each year by businesses in the United States. These businesses lease equipment because they know that leasing offers numerous advantages over other types of financing, including tax deductions, balance sheet management, immediate write-offs, greater flexibility, customizable solutions, better asset management, improved cash flow, flexible end of term options, fast upgrades and easy processing.
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