|
0% for 12 months or 4.99% for 24 months
on Debit Card, Point of Sale or Redemption Systems!
| Product: |
Embed systems and components |
| Interest Rate: |
| Option 1: |
0% APR |
Option 2: |
4.99% APR | |
| Term: |
| Option 1: |
12 Months |
Option 2: |
24 Months | |
| First Payment: |
Due 30 days after the contract has been funded. (i.e.: A contact that is funded on January 15, 2013 will have a first payment due of February 15, 2013). |
| Minimum Purchase: |
$10,000 |
| Down Payment: |
Tax Freight and an application fee of $250 will be paid up front along with 10% of the net invoice* (This is subject to credit review, we may ask certain customers to make a larger down payment into the equipment). This down payment is to be paid directly to Embed. |
| Prefunding: |
Embed requires 50% of proceeds at the time of order, which Firestone will pay once the executed documents are received. All contracts will require a prefunding addendum in order to facilitate this transaction. The contract will start when the first 50% of the contract is funded; the first payment will be due 30 days from that date. The remaining 50% will be paid to Embed upon delivery. |
| Credit Requirements: |
Prospective customers must have been in business at least 2 years in order to be considered for this program. |
| Example: |
|
Option 1:
The numbers used in this illustration is 1 Embed cashless system and expenses sold for $40,000. The rate is 0% APR, the term is 12 months, and the first payment is in 30 days, and there is a 10% down payment. This example is for illustration purposes only. |
| Selling Price: |
$ |
40,000.00 |
| Down Payment: |
$ |
(4,000.00) |
| Amount Financed: |
$ |
36,000.00 |
| Interest: |
$ |
0.00 |
|
|
|
| Total Contract Amount: |
$ |
36,000.00 | |
|
Payments: 12@ $3,000.00 |
|
|
Option 2:
The numbers used in this illustration is 1 Embed cashless system and expenses sold for $40,000. The rate is 4.99% APR, the term is 24 months, and the first payment is in 30 days, and there is a 10% down payment. This example is for illustration purposes only. |
| Selling Price: |
$ |
40,000.00 |
| Down Payment: |
$ |
(4,000.00) |
| Amount Financed: |
$ |
36,000.00 |
| Interest: |
$ |
1,902.00 |
|
|
|
| Total Contract Amount: |
$ |
37,902.00 | |
|
Payments: 24@ $1,579.25 |
|
| |
| Duration: |
November 1st, 2012 through March 31, 2013
All contracts must be funded 30 days after expiration of the promotion. |
|
