[amayausers] Re: Beacon Funding experiences??
- From: "Body Cover" <info@xxxxxxxxxxxxxxxxxxx>
- To: <amayausers@xxxxxxxxxxxxx>
- Date: Tue, 11 Apr 2006 15:46:30 -0700
I believe LuAnn, that you can pay off a lease anytime you want.
Most equipment leases you'll find are non-cancellable which means once you sign
you are stuck.
and unlike a car loan it doesn't matter when you pay it off since you don't save
any money by paying it off early. Interest isn't pro-rated. you agree toi pay
for the equipment
and the interst and then it is divided into equal monthly payments for whatever
term you signed up for.
Since a lease is technically only supposed to be a glorified way to rent the
equipment for a pre-determined time. If you choose to
quit early then you still pay the whole amount for the life of the term. and
then plus
the buy out payment if you decide to keep the equipment afterwards, if not then
you ship it back to them.
Ron Vinyard
Body Cover / Magic Stitches
1-888-435-0176
541-471-1504 Fax 541-471-0427
420 SW H Street, Grants Pass, OR 97526-2532
info@xxxxxxxxxxxxxxxxxxx
www.bodycoverdesign.com
----- Original Message -----
From: "Image Embroidery" <imageembroidery@xxxxxxxxxx>
To: <amayausers@xxxxxxxxxxxxx>
Sent: Tuesday, April 11, 2006 10:05 AM
Subject: [amayausers] Beacon Funding experiences??
> Does anyone have any experience dealing with Beacon funding in trying to pay
> off the machine early?
> Feel free to email me privately.
> imageembroidery@xxxxxxxxxx
> Thanks,
> LuAnn @ Image Embroidery
> Because Your "Image" Matters
>
>
>
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