ParknPool Now Leasing Products
Need bleachers or furniture for your pool, but not ready to make a purchase?
ParknPool now offers leasing options.
All ParknPool products are available for leasing, whether the client needs bleachers, shade structures, picnic tables or pool furniture. ParknPool is the only company of its kind to offer leasing.
“In the last few years, we have seen the economy turn upside down," said Jason O'Mahony, ParknPool operations manager.
"Clients that had access to capital and credit for large quantity purchases have seen those resources vanish. We know our client base and the need for our goods remains, so giving our clients the option to lease our products was an easy decision,” he said.
ParknPool began researching and discussing leasing their products six months ago, before pairing up with Vision Financial Group. VFG has been in the leasing and finance business since 1991 and works with a variety of industries, including health care, commercial industry equipment, and technology.
Leasing terms of 24, 36, 48 or 60 months will be offered, with two leasing options available.
The Fair Market Value (FMV) option will enable the client to treat the lease payments as a 100% rental expense. At the end of the chosen term the client may purchase the equipment for its then Fair Market Value, continue to lease the equipment, renew the lease for a specified term, or return the equipment.
The $1.00 purchase offer gives the client a slightly higher monthly payment; however the client can then purchase the equipment for $1.00 at the end of the chosen term.
John Good, ParknPool general manager, said, “I am extremely excited about our leasing option. To my knowledge, ParknPool is the first provider of commercial outdoor furnishings to offer this incredible benefit.
"It’s great that clients’ projects won’t be limited by an insufficient budget. Their park or recreational area project can not only be up to the standard their visitors expect, fitted with the picnic tables, benches, water fountains, or bleachers needed, it can exceed their expectations,” Good said.
For more information, go to www.parknpool.com .