How can Flexible Financing from RF Technologies Financial Services Help You?
By Bob Nahorski
RFT’s life safety solutions are now easier than ever to acquire through simple financing with RF Technologies Financial Services. Our internal financing arm is available to all customers regardless of market or size. Keep reading to learn about the benefits of financial services and how you can take advantage of flexible financing options.
ADD FLEXIBILITY TO PLANNED BUDGETS
Safety is critical to our customers but sometimes issues arise, and safety investments are needed outside of planned budgets. This need in the market was highlighted during the pandemic as budgets pivoted to focus on COVID safety and response.
To alleviate budget concerns and better serve our customers we began offering in-house financing, providing long-term value to customers of all sizes. RF Technologies Financial Services offers low monthly payments for our same great products so the safety solutions you need are easier than ever to acquire.
And while financing allows you to make monthly payments instead of one upfront expenditure, there are many other benefits to financing your RFT solution.
CONSERVE YOUR CASH
As is always the case, cash is king and forever will be. However, there’s a time and place for financing, which allows you to conserve cash for other revenue-generating activities. Plus, you can finance 100% of the solution including soft costs such as software, installation, and training. This means there are no surprises with your set monthly payment. Flexible options allow the term and structure to be customized to your needs.
Standard term lengths range from 24 to 60 months and you can choose monthly or quarterly billing cycles. When the term is up, you own the equipment through a $1 buyout. Lastly, we offer deferred payment, step payment, and seasonal payment structures which means you can match the payment to your revenue cycles.
Capital structures may allow you to take advantage of Section 179 tax deduction and write-off your entire equipment purchase over one year instead of the next several years!* Download the Section 179 flyer here to learn more.
ANOTHER LENDING OPTION TO COMPARE
If you already have a bank or lender that you work with, it wouldn’t hurt to have another option to consider. We do not require a credit pull to prepare a financing proposal for you. Because RFT Financial Services is not a bank we have the ability to be creative and more flexible on payment structures. What does that mean for you? Save your working lines of credit for other longer-term assets and projects.
SIMPLE & STRAIGHTFORWARD PROCESS
Because we finance our solutions internally, our process is simple and straightforward. Our sales staff is ready to answer any questions you have regarding our solutions and they work closely with our financing manager to customize financing proposals and terms.
Finance your RFT solution in only 4 simple steps from start to finish:
- SOLUTION PROPOSAL AND CREDIT APPLICATION: RFT generates equipment proposal and sends financing quote to customer.
- CREDIT DECISION & DOCUMENTS: RFT Financial Services reviews your credit application, and an approval decision is made between 1 and 3 business days depending on total contract value. Once approved, financing documents are swiftly issued to customer within 24 hours of credit approval.
- EQUIPMENT DELIVERY: Delivery is scheduled after signed and completed document package is returned to RFT Financial Services.
- FINANCING: Financing commences upon customer’s delivery and acceptance of the equipment. For example, if the equipment is accepted on the 15th of the month, monthly payments will begin on the 1st of the following month.
RFT IS YOUR COLLABORATIVE PARTNER IN SAFETY
Our goal is to deliver the best life safety solution to every customer by leveraging our experience and technology. RFT continues to be a collaborative partner to our customers by providing reliable products and services by including the option of flexible financing.
Download a credit application or Contact Us using the below form to start a conversation.
*RF Technologies does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own advisors before engaging in any transaction for nuances specific to your situation. For example, entities that are not-for-profit are ineligible for these tax benefits.