At last, an equipment finance program that covers ... - EGIA

[Pages:2]HVAC Lease Program

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Rate Factors as of 12/15/16

At last, an equipment finance program that covers MORE of your customers.

Best Lease Rate Factors, Lease-to-Own Financing:

Monthly payment as % of invoice price

2 year .0458

3 year .0320

4 year .0251

5 year .0211

6 year 5% Dealer Fee on .0184 all Transactions

Lease Factors equivalent to 9.9%

Interest Rate

invoice. Lease term is three months less than stated length. (actual lease length is 21 months, 33 months, 45 months, 57 months, 69 months). At customer option the equipment may be purchased for three additional payments.

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Expanded Qualification for Top Rates

More of your customers will qualify for our best rate

Complete Credit Coverage

Solutions for customers with great and challenged credit

Instant Online Credit Decisions

Applications under $10,000 scored in seconds

Transactions from Small to Large

Consumer leases starting at $500, Commercial up to $100,000

Easy Application

Credit decisions using credit bureau reporting, no income verification

Lease Rate Factor Matrix, Lease-to-Own Financing:

2 year

3 year

4 year

5 Year

6 year

"A" Credit .0458

.0320

.0251

.0211

.0184

"B" Credit .0458

.0320

.0251

.0211

.0184

"C" Credit .0535

.0402

.0337

.0300

.0276

"D" Credit .0537

.0442

.0380

.0357

.0336

"Y" Credit .0597

.0468

.0409

.0375

.0355

"Z" Credit .0613

.0488

.0429

.0397

.0378

Monthly payment as % of invoice price

5% Dealer Fee on All Transactions

*We reserve the right to modify these lease factors based on market

conditions

Lease Package Requirements

Signed Lease Agreement Invoice showing 5% discount Payable requirements due at signing Notice of Cancellation for consumer transactions (excluding retail sales)

Processing Fee

Standard Fee Included

Approval Conditions

Approvals with a Guarantor valid for 30 days ACH required for all transactions

Program Restrictions

HVAC, Generators & Water Filtration Sytems Only

State Requirements

Upfront Sales Tax is required in ME, NJ, IL Special Lease Documentation required in KS and VT

Here's why you'll be closing more sales with the EGIA HVAC Lease Program:

Now finally a customer finance progam that provides options to fit every budget.

Your "good" customers can now be "great" customers TimePayment's experience with over 500,000 customer equipment purchases has forged a program design that brings great rates to more

Flat dealer contribution

program to many customers that have never had a credit option before. Our programs provide solutions for customers with FICOs as low as 550, so there's every reason to expand your sales with customers that want a

No transaction too small....or too large

You can now expand your reach to more customers with consumer programs starting at $500 and Commercial programs up to $100,000, there's a solution to close every customer.

Not a TimePayment registered EGIA Vendor?

Apply Today!

Vendor Application Link

Comprehensive vendor training program is available online

Link to TimePayment Online Training

Vendor service is available for all transactions 8am-8pm M -F

Do you have a transaction you'd like to submit?

TimePayment InfoHub Link

Access your TimePayment InfoHub account from any web enabled

device - applications take less than 5 minutes, decisions are available in

seconds!

For more information call EGIA Contractor Services at 888-691-0387.

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