Cash Flow Friendly Financing
EcoLite will finance your entire LED project including installation, with cash flow friendly payments that are lower than the savings expected from the LED Lighting.
Positive Cash Flow From Day one.
EcoLite’s Finance Provider will find the monthly payment option that allows you to have POSITIVE cash flow – typically with the lease term extending one year beyond the payback period. The monthly payments will be LESS than your energy and lamp replacement savings earned by switching to LED Lighting.
The Benefits of Financing.
Preserve cash flow, bank and credit card lines: EcoLite; LED financing provides immediate savings to your bottom line - each lease payment is LESS than your energy savings earned by switching to LED Lighting. Now you can purchase LED Lighting, while preserving your other sources of credit.
Very Competitive Rates.
EcoLite’s Finance Provider offers competitive interest rates, with payment periods typically one year beyond the LED’s payback period.
Minimal Upfront Cost.
Other options such as bank loans usually require a significant down payment that can range between 10% - 20% of the equipment cost. Our standard program only requires one advance payment and the documentation fee prior to the start of the plan.
Special Terms for 501c3 and Government.
EcoLite’s finance provider offers a unique plan for 501c3 charitable organizations and government agencies. Typically these organizations will enjoy interest rates below 2% or 3%, and a one-year payment holiday.
Your Approval is Virtually Immediate.
In most instances, you will receive a memorandum of understanding within two or three days. Once accepted, a due diligence will ensue, requiring financials and other documentation. The finance company will pay EcoLite its deposit upon your signature of a purchase order, and the balance upon shipment.