Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Commercial LED financing
This is a little out of the usual arena here but I believe it still falls under real estate improvements.
Couple of questions.
Does anyone know of any entity setting up financing for commercial LED lighting?
Would anyone want to get into financing commercial LED lighting?
I have a car dealer I'm selling LED's to. They have been in business for 20 years. They can buy these lights outright. But what if they couldn"t? There has got to be financing options right?
If they are currently paying $5,000 per month in electric associatied with their parking lot lights and after converting to LED they are paying $800 per month would someone be willing to finance them for 2.5 years, or as long as it took, as long as they were paying the same $5,000 they were for the term of the loan? It would make the purchase net neutral and the lights would be under manufacturer's warranty for the entire term of the financing and beyond.
This seems pretty beneficial for all parties to me.
Maybe a lease to own type of agreement since the lights would still have significant value?
Thoughts and input are appreciated.