Friday, September 24, 2010

Pix2o Announces Leasing Program for Large-Scale LED Video Displays

For some companies, purchasing a large-scale video display presents a financial difficulty -- that is, putting together enough cash to make the purchase. Realizing this, Pix2o is pleased to announce its vendor financing program allowing you to lease the video wall and its associated equipment for terms from 24 to 60 months with very attractive terms. This is quite exciting as you only have to rent out the screen for a few days per month on a 60 month lease to make enough money to meet the monthly lease payment. We ran a simple use example for a 60 month lease with an assumption of renting out the screen for one week per month: we calculated a 100% return on investment for just this one week of rental. That is, your rental income would be twice as much as the monthly lease payment.

Even if you do have the cash to buy a Pix2o video display outright, you still might want to lease it. There are many reasons why:
  • Conservation of working capital. Purchase the equipment you need today while spreading your payments over the useful life of the asset. This allows you to preserve capital for other day-to-day expenses such as inventory, personnel and marketing.
  • Increased company value. Because a lease is not considered a long-term  debt or liability, it does not appear as debt on your financial statement making you more attractive to investors and traditional lenders when you need them.
  • Flexibility. As your business grows and your needs change, you can add to or upgrade through a master lease or add-on addendums.
  • Speed. Leasing allows you to respond quickly as your need for equipment arises. You can be approved with minimal documentation and have the equipment you need generating revenue for your business quickly.
  • Tax advantages. The IRS does not consider an operating lease to be a purchase, but rather a tax deductible overhead expense. Therefore you are able to pay for the equipment with pre-tax dollars rather than after-tax profits.
  • Avoid obsolescence. Leasing is an extremely attractive option for you video needs purchases because technology can change quickly. Upgrade provisions can be added to most leases which are a simple way to hedge against obsolescence.
  • Simple. The lease application is only a single page and approval can come in as little as 24 hours.
For more information on Pix2o's leasing program call: Jerry Gladstone at 800-681-9996 or e-mail at jerry.gladstone@pix2o.com.

Follow us on Twitter and see our website at www.pix2o.com for more information and breaking news.

No comments:

Post a Comment

Post a Comment