Project Financing
Powerit Financing provides compelling payment solutions that are designed to help your company accelerate its return on investment. Powerit has partnered with a major equipment financing bank that provides customers with the choice to lease or rent Powerit’s solutions.
In addition, you may be eligible to receive additional discounts and rewarding incentives from your utility which could further accelerate your return on investment. Many of our customers have received complete or partial payment from their utility for the technology.
In a nutshell, Powerit’s financing solutions can help reduce costs, improve cash flows and increase your purchasing power.
We made it simple and easy, all to provide you with streamlined processes and quick approvals with minimal documentation. Please feel free to contact our VP of Finance for additional information at: 866.499.3030.
Below is a summary of the financing solutions that Powerit offers:
Rent
- The Bank owns the equipment
- You rent it from the Bank
- Expense vs. capital (could qualify as “off-balance sheet”)
- Avoid capital purchasing delays
- Very little cash up front (we ask for first and last month’s rent as a deposit)
- Realize instant positive cash flow
- Includes annual support for duration of rental term
- Build equity thru rental payments
- At end of the rental, the equipment goes back to Powerit
- You have the option to purchase system at the end of the rental for a significantly reduced price
Lease
- You own the equipment
- The Bank finances the transaction
- Very little cash up front (we ask for first and last month’s lease payment as a deposit)
- Realize instant positive cash flow
- Could provide immediate tax benefits thru bonus depreciation deductions
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