L-Acoustics Leasing Program Update

Jun 27, 2003 12:00 PM, Editors


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Following the announcement of its Pro-Tour Seasonal Leasing Program in April, L-ACOUSTICS U.S. has again teamed up with Accent Leasing to offer another new financing plan: the Pro-Rent Seasonal Leasing Program. This one is specifically tailored for the regional A.V and corporate rental market.

The new leasing program differs from other leasing programs by being based on the typical seasonal cash flow common to the sound reinforcement/rental business. Under the plan, the lessee makes payments for nine months of the year, and then only makes $100 maintenance payments in December, January and February: the three months when cash flow from rentals ebbs to the lowest point. (Other off-payment months are available for businesses on different schedules.) This allows the company to more appropriately focus remaining cash flow on other operational costs during that period. Then, when rentals start to ramp up again, so do the payments.

"By taking advantage of our seasonal leasing option, rental houses can immediately augment their inventory and increase profitability while still conserving cash, particularly during their slow season," said Paul Freudenberg, director of sales and marketing for L-Acoustics U.S. "This is simply one of the many financing tools we offer in order to help put the right gear into the hands of our customers when they need it."

As part of the Pro-Rent plan, L-Acoustics has made available six separate systems packages specifically targeted to the rental market. Each package comprises a different type of loudspeaker (dV-DOSC, dV-SUB, MTD, ARCS, SB118 or 112XT), all of which are equipped with the necessary rigging, cabling and amplification, and characterized by a dollar buyout at the end of the lease term.

Freudenberg said that L-Acoustics U.S. also offers rental companies options to customize packages to meet specific needs, as well as lease individual (nonpackage) items. More conventional and short-term loan plans are also available for those who prefer them. For additional information, please contact Freudenberg at 805/604-0577 ext. 23 or paulf@l-acoustics-us.com.

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