|
TSP - Touring Systems Payment Program
3 EASY STEPS TO LEASING ONE OF THE FINEST LOUDSPEAKER
SYSTEMS IN THE WORLD.
The EAW TSP Program is a flexible, simple approach to leasing that will work for you! Take advantage of this program to augment your existing EAW inventory, or finally own that EAW Touring system of your dreams... all without tying up valuable working capital, or affecting cash flow.
Flexibility is the key reason that this program is so popular — you chose which EAW products you need, you chose the payment program that’s right for you.
| How the Program Works — 3 Easy Steps |
 |
Determine the EAW products you
would like to purchase.
|
 |
Fill out the program credit application and submit it to EAW along with a Purchase Order for any EAW products to create a custom system that is right for your needs.
(Download Application, 128KB, PDF)
|
|
Submit credit application and Purchase Order to:
Rozelyn Jenkins
EAW Sales Administrator
LOUD Technologies Inc.
16220 Wood-Red RD NE
Woodinville, WA 98072
Phone: 425.402.6157
Fax: 425.485.1152
Email: rozelyn.jenkins@loudtechinc.com |
|
| Here's What Happens Next! |
- EAW will submit the application to U.S. Commerce Equipment Finance
- U.S. Commerce will approve or decline the application, usually within 48 hours
- Upon approval, all lease documents are sent from U.S. Commerce to the lessee
- Lessee signs and executes all lease documents and returns them to U.S. Commerce
- Once the lease has been approved, EAW will schedule your product order and shipment
That's It!
What could be simpler? You’ll own one of the world’s finest loudspeaker systems, and it pays for itself as it earns you money! |
| Payment Program Terms/Conditions |
12-Month Payment Program Terms/Conditions
- $5,000 minimum order
- All units priced at standard dealer cost
- 5% “quick pay” does not apply
- Standard TSP Program terms are 12 months / 0% interest
- Lessee must retain ownership of product for the entire term of the lease
- Once you have made all payments and fulfilled the entire term of the lease, you may purchase all equipment specified on the lease for $1 — that’s right, own your own system for $1!
9-Month Payment Program Terms/Conditions
For those wanting to have a shorter length of lease, we have a 9-month payment program. This allows you to still take advantage of the leasing program, but to shorten the length of your financial commitment.
- Minimum order of $5,000.
- 5% “quick pay” does not apply
- 9 months / 0% interest
- First payment in advance
- Standard credit policies apply to $75,000
- Lessee must retain ownership of product for the entire term of the lease
|
| For new EAW customers |
If you are not currently an EAW authorized dealer or touring systems customer, and you would like discuss taking advantage of the EAW TSP program, please contact your local EAW Representative.
For more information on the EAW TSP Program, or advice on leasing, please contact U.S. Commerce Equipment Finance and a representative will be happy to discuss available options and help determine the most appropriate lease plan for you.
U.S. Commerce Equipment Finance L.L.C.
1-800-788-3838
Tom Roche or Beth Blumenthal
|
| FAQ (FAQ in PDF format 131KB) |
Q: WHY SHOULD I LEASE?
A: In today’s economy, sometimes it just makes sense to lease rather than purchase. Growing companies need cash flow, and established companies need to be able to upgrade equipment on a regular basis. Leasing is a tool that helps businesses grow and stay competitive while avoiding the hurdles that normally confront them such as down payments, monthly finance costs and shrinking credit lines. Leasing allows you to tailor your expenditures to your revenue, making that all-important cash flow situation work to your benefit by increasing flexibility.
- Leasing conserves working capital
Leasing capital equipment does not require the use of your established credit lines.
Conservation of your credit lines for investments or funding other business matters makes good sense.
- Leasing offers tax savings and benefits
With the EAW TSP Program, lease payments may be fully tax deductible as operating expenses (please check with your accountant).
- Leasing is a hedge against inflation
Instead of postponing equipment purchases due to lack of funds, and potentially losing jobs, leasing makes your needed equipment available immediately.
- Pay as the equipment earns
Maximize profits and cash flow by matching your lease terms to the expected utilization of your equipment. That way, your system can pay for itself as it earns.
Q: WHO IS ELIGIBLE?
A: All EAW authorized dealers within the US are eligible to apply for the TSP Program. Each company’s ultimate participation in the program will be based on the credit wherewithal of that company. As the purchaser of the equipment must retain ownership of the equipment for the entirety of the lease, this program is best suited for our touring systems customers at this time.
Q: IS A DOWN PAYMENT REQUIRED?
A: Typical TSP program terms require one month’s advance payment and a security deposit equal to one month’s payment.
Q: WHAT ABOUT INSURANCE?
A: For the protection of both U.S. Commerce and you, U.S. Commerce requires that the equipment be insured. Insurance is available through U.S. Commerce, or can be provided by your own insurance company.
Q: WHAT HAPPENS AT THE END OF THE LEASE?
A: The EAW TSP Program has a One Dollar Buyout option at the end of the lease. Meaning once you have made all payments and fulfilled the entire term of the lease, you may purchase all equipment specified on the lease for $1! |
|
