RAN - PowerPoint PPT Presentation

1 / 8
About This Presentation
Title:

RAN

Description:

National City Media Capital sales and operations processes make it easy for you to ... Bank financing, however, requires a down payment of 10%-25% or more. ... – PowerPoint PPT presentation

Number of Views:89
Avg rating:3.0/5.0
Slides: 9
Provided by: rober48
Category:
Tags: ran | bank | city | national

less

Transcript and Presenter's Notes

Title: RAN


1
Bexel BVG Broadcast Video Gear National City
Media Finance HOW TO LEASE
2
REASONS TO LEASE
  • Provides one stop shopping service for your
    customer, products, and financing
  • Focuses on monthly payments rather than cash
    price, allowing you to sell additional products.
    Shortens the Sales Cycle
  • Keeps the customer focused on monthly payments,
    allowing you to sell at higher margins.
  • Significantly enhances your customer account
    control strategy. You can control upgrades,
    add-ons, supplies and service annuity business.
  • National City Media Capital sales and operations
    processes make it easy for you to offer leasing
    and close more sales quickly and professionally.

3
WHY LEASING?
  • LEASING IS CONVENIENT
  • One of the first reasons for leasing is
    convenience. Just complete your lease
    application and our approval process is designed
    for fast answers. Leasing provides you an easy,
    affordable monthly payment without obtaining a
    Bank loan or worrying about budget justification.
    You can easily compare the monthly lease cost
    with the benefits your solution will provide.
    Leasing is easy and convenient.
  • CONSERVES WORKING CAPITAL
  • Leasing keeps your other lines of credit open.
    Generally, all costs associated with your
    equipment acquisition can be included in the
    lease. By leasing, you leave your working
    capital free so that you can use it in other
    areas to generate profit.
  • PROVIDES TAX ADVANTAGES
  • Leasing can also offer tax advantages. Lease
    payments may be used for an operating expense,
    often reducing taxes, which in turn can reduce
    the net cost of the equipment and financing.
    Monthly payments can be fully tax deductible
    (check with your accountant).
  • HELPS AVOID EQUIPMENT OBSOLESCENCE
  • If your company chooses to lease, you can enjoy
    the use of your solution while lessening the risk
    of the equipment becoming obsolete for your
    needs. If your needs change, your local sales
    rep and National City Commercial Capital make it
    easy to upgrade your equipment, keeping your
    business ahead of the competition.
  • LEASING IS FLEXIBLE
  • Each business is unique and has different needs
    and different cash flow patterns. An affordable
    monthly lease provides you the use of the
    equipment for a specific period of time at a
    fixed payment. Leasing allows you to pay for the
    equipment as it earns you money, thereby matching
    benefits and costs.
  • MINIMAL DOWN PAYMENT REQUIRED
  • Leasing generally does not require any down
    payment or security deposit. If so, it is
    usually one or two payments in advance. Bank
    financing, however, requires a down payment of
    10-25 or more. This helps your cash flow
    management.

4
WHY CUSTOMERS WANT TO LEASE
  • Top FIVE Reasons
  • 100 Financing
  • Total system financing including delivery and
  • installation spread over the lease term
  • Technology Obsolescence
  • Dont want to own a depreciating asset
  • Easier to do upgrades and add-ons to solutions
  • Credit Line Protection
  • Expands credit line availability
  • Preserve existing bank credit lines
  • Ease Budget Constraints
  • Solution or option to no budget objections
  • Requires only small monthly payment
  • Cash Flow Improvement
  • Benefit from savings of solution immediately,
    instead of over time
  • Cost savings can be utilized to pay monthly lease
    payment
  • Immediate ROI (return on investment)

5
WHY CUSTOMERS WANT TO LEASE
  • And heres FIVE more!
  • Hedge Against Inflation
  • Aggressive, fixed-rate pricing protects against
    inflation and allows you to acquire equipment
    today with tomorrows dollar
  • Tax Advantages
  • Certain lease structures allow monthly payments
    to be treated as tax deductible operating
    expenses.
  • Convenience
  • Leasing is easy and convenient. Documentation is
    minimal, payments are simple to budget, and all
    billing may be consolidated into a single monthly
    invoice.
  • Facilitate Expansion
  • National City Commercial Capital lease
    agreements provide for upgrades and enhancements
    so your customer can take advantage of new
    product lines today.
  • Single Source Financing
  • Single source equipment financing provides one
    source for all your financing needs.

6
FREQUENTLY ASKED QUESTIONS ABOUT LEASING
  • Why should I lease?
  • Leasing is a convenient method of paying for
    business equipment as you use it which allows
    you to invest your business capital in other
    areas that produce greater returns.
  • Can I cancel my lease?
  • No, you cannot cancel the lease agreement. It is
    a fixed term lease agreement that specifies the
    lease is not cancelable.
  • Do I have to pay taxes?
  • You, the lessee, are responsible for all sales
    and use taxes. In addition, property taxes, if
    any, just as if you had purchased the equipment.
    This is explained in full in the lease agreement.
  • What about insurance?
  • You are required to provide evidence of Insurance
    coverage and name National City Media Finance on
    the policy as an additional insured and loss
    payee in case of loss. Most businesses already
    carry a blanket insurance policy. We provide you
    with insurance information with your first
    invoice. If you do not provide insurance, we
    will place a policy on the equipment and charge
    you monthly.
  • Are there any other fees?
  • We do have a documentation fee on each lease
    transaction. This is to compensate us for any
    documentation costs, UCC filings, if any, and
    cost of credit information.
  • What is the residual?
  • The residual is the value at the end of the Lease
    Term. It is the remaining value. The Lessee
    generally has the right to purchase the equipment
    at the end of the lease term. Provided the lease
    is not in default.

7
FREQUENTLY ASKED QUESTIONS
  • How long for credit approval?
  • At National City Media Finance, we have the
    fastest turnaround time in the industry. For
    most transactions we should get back to you
    within four hours. Credit approval times take
    longer for new businesses and less time for
    established businesses, as you would expect. If
    you have any questions or concerns about credit
    approval times, contact National City Media
    Finance.
  • How do I get my equipment?
  • On a lease, your equipment is delivered the same
    way as if it were purchased.
  • How do I contact National City Media Finance?
  • You can contact the your National Program
    Director Bob Burtis by e-mail
  • bob.burtis_at_nc-4.com or call at 973-206-9320
    office or cell 973-951-3969.
  • Our website is www.nc-4.com/media

8
THANK YOU FOR SHOPPING BEXEL BVG!
Write a Comment
User Comments (0)
About PowerShow.com