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Seasonal Payments
Are you selling into business’ that have seasonal cash flow issues?
IFS has the ability to structure financing options with seasonal cash flow issues in mind. IFS can match your prospects cash flows by taking advantage of our seasonal payment plan. IFS can give our clients the payments they are looking for in a set of specific months. Maybe the market you sell to only has business’ that have between four and six months of strong cash flows. IFS will then design a custom program to allow them to make the monthly payments only during their strong cash flow months. All of this is available with our best rates, and for no added extra cost to our clients!
Example, a ski resort needs a new snow grooming machine, but would only have the ability to make payments during the ski season, December thru March. IFS will set up the financing for payments of December, January, February, and March for the entire length of the term. IFS has the ability to do this both with a $1.00 purchase option, all the way to a true operating lease.
IFS has many clients that take advantage of our seasonal payment plan. Yet another creative option that allows clients to get the equipment they need today, and make monthly payments at a time that best suits the needs of their cash flows. Simply contact an IFS account executive; let them know what months your prospect would like to make payments, the equipment cost, and we will be happy to run a set of numbers for you, specifically designed to meet your needs. We also have a set of rate factors set up for seasonal payments that use winter months as an example. This sheet gets updated frequently to reflect interest rate changes.
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Assumed Financing Date: November 30 – prior to ski season
| Trem |
Purchase Option |
Total # of Payments |
Rate Factor |
| 3 Year |
$1.00 |
15 |
.07415 |
| 4 Year |
$1.00 |
20 |
.05796 |
| 5 Year |
$1.00 |
25 |
.04880 |
| 3 Year |
35% of original
purchase price |
15 |
.05924 |
| 4 Year |
25% of original
purchase price |
20 |
.05155 |
| 5 Year |
15% of original
purchase price |
25 |
.0438 |
To calculate monthly payments, multiply the equipment cost times the rate factor.
These are rough, ballpark numbers for average credits; strong credits may be significantly less. We would be
happy to give a custom quote.
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