LED Lighting Retrofits: Benefits of Financing Sports Lighting Upgrades
- April 22, 2016
- 0 Comment(s)
LED Lighting Retrofits don’t necessarily have to result on a hefty upfront capital investment. More and more, parks and recreation facilities, schools and colleges are using smart financing options to reap the immediate benefits of LED sports lighting.
Whether you’re looking at upgrading to LED light fixtures in your stadium, arena, tennis center or gym, there are a number of competitive financing options to help you conserve your cash. Sports lighting systems are valuable and financiers are offering a variety of attractive programs — some of which are even zero down — that you can take advantage of .
If you’re a sports club owner, oversee a non-profit organization, or you have budgetary responsibility for a federal government location, city government, public school or parks and rec center, consider the advantages of financing:
- Get 100% financing, quicker than your bank and with no down payment
- Generate positive cash flow sooner, faster
- Hold on to your cash for hiring, consumables, services, etc. Avoid the huge cash outlay!
- Expand and enjoy access to capital beyond your bank.
- Financing’s fixed payments help hedge against inflation.
I’m a for-profit, sports club owner…
- Leverage the tax benefits of financing
- Lighting upgrades can be depreciated
- Interest expense or the lease payments of financing are often deductible (ask your tax advisor).
- Manage cash flow with 36, 48 or 60-month payment plans
I manage a non-profit outdoor sports complex…
- Time-in-existence, membership stability and low organizational debt are the benchmarks for low-cost, non-profit capital financing at competitive rates.
- An annual budget appropriation can be expanded into a multi-year capital expansion by several times the budget with financing: $50,000 becomes $150,000 to $350,000.
- Have the ability to generate income by leasing/renting out the field(s) and your monthly payment could be met with this revenue.
I oversee a parks and rec department for our city…
- Municipal or government lease/purchase financing is not regarded as debt.
- Municipalities now enjoy very low cost financing over traditional bond financing expense.
- Annual budget appropriations can be expanded into multi-year capitalization plans by several times the budget figure: a $100,000 budget becomes $300,000 to $1,000,000 or more.
- Choose monthly, quarterly, semi-annual or annual payments in advance or arrears.
- Significantly less complicated and less expensive than other forms of public finance. Most municipal leases are finalized within a single week.
For more information, see our Financing page or Contact Us directly to find out how we can help you secure financing.