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Details of the Program:
- Only AMOA members may participate.
- For every $1,000 financed, the borrower receives 1,000 ‘Partner Rewards Points.’ (Example: Borrow $20,000 for coin-op equipment financed by Firestone Financial, receive 20,000 points)
- A borrower who accumulates 20,000 points can receive a $100 credit toward equipment purchased from a participating distributor if financed through Firestone.
- A borrower accumulating 100,000 points qualifies for a rate of 9.75% APR* (Prime + 1.5%) on a qualified equipment purchase up to $25,000, for up to 24 months, which can result in as much as $1,000 in interest savings on a standard two year loan.
- An operator may cash in ‘Partner Rewards Points’ one time per program year.
- Points must be redeemed through Firestone to receive coupon for the $100 equipment credit or the 9.75% APR equipment loan.
- The program year will run from May 1st until December 31st 2007 or until all points are earned. (Firestone Financial Corp. has allocated a total of 2 million points for this program. Firestone Financial Corp. reserves the right to amend or terminate this program at its sole discretion.)
* All transactions are subject to Firestone Financial Credit Committee approval. |
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