Get New Equipment with No Money Out of Pocket!
• 100% Financing, Zero Down • 30-day no pay, $1 Buyout • One-Page Application
Technology
Tools & Equipment Financing
- POS systems, data and communications, etc.
- New equipment means additional income from new services
Design Packages
- Signage, fixtures, shop graphics, etc.
Josh McGinn 800.487.3636 jmcginn@greatamerica.com www.greatamerica.com
FleetPride_ATMP_040212
Helping You Get There. GreatAmerica.
At-A-Glance
Truth in Leasing Statement Dear Customer: As you may know, the equipment leasing industry is largely unregulated. This limited government involvement in the industry encourages a free flow of entrepreneurial energy, making equipment leasing an attractive financing vehicle. In fact, according to the U.S. Department of Commerce, equipment leasing is used by more than 80% of all businesses in the United States. To protect you in this unregulated environment, your vendor has chosen a finance company that not only has a track record of integrity and excellence, but also is willing to put its promises to you in writing. We recommend you always request this same protection, in writing, from others when you lease. When you enter into a standard GreatAmerica lease agreement with us, you can expect the following: • You will have an opportunity to benefit from insurance we maintain on your leased equipment by paying a monthly charge or you may provide your own insurance. • Your monthly invoice will be processed at least 25 days in advance of the due date. • You will be charged a one-time documentation fee. • You will not be charged interim rent. • You will not be charged a fee for processing property taxes. • At the end of the lease term, our Customers For Life® program ensures you will never pay more than 15% of our initial cost of the leased equipment to exercise a Fair Market Value purchase option (except with respect to some short term healthcare equipment leases). • You will be notified that your lease is coming to an end on the last invoice of the initial term. • If you use the equipment following the end of the initial lease term without exercising your purchase option (if applicable), you will not be automatically committed to a 12-month contract renewal. Instead, your contract will renew month-to-month.
Lastly, you will always receive prompt, courteous, professional and fair treatment from us. This is the GreatAmerica way of doing business–you have my word on this. If at anytime you feel you were treated otherwise, please call me. My personal direct phone number is 319-261-4139. Sincerely, Tony Golobic Chairman & Chief Executive Officer
GreatAmerica Headquarters | One GreatAmerica Plaza • 625 1st St. SE • Cedar Rapids IA 52401 tel 319.365.8000 | fax 319.365.8607 | web www.greatamerica.com
© GreatAmerica Leasing Corporation 2000-2012
hassle free process
2
GreatAmerica notifies the distributor of the credit decision (usually within the next half day).
3
GreatAmerica prepares the lease documents and sends them to the Distributor.
Helping You Get There. GreatAmerica.
1
The completed and signed credit application is sent to GreatAmerica.
credit app
lease
pay to
GreatAmerica
invoice
lease
4
Completed lease documents are sent back to GreatAmerica. GreatAmerica issues P.O. The equipment is delivered and/or installed and the invoice is sent to GreatAmerica.
5
After GreatAmerica verifies the equipment installation with the customer, the invoice is paid within one business day.
to erica ld so atAm Gre
PAY TO DEALER
Josh McGinn 800.487.3636 jmcginn@greatamerica.com www.greatamerica.com
FleetPride_LeaseProcess_040212
BUSINESS OPPORTUNITY WORKSHEET PREPARED FOR:
DATE: WHAT WORK ARE YOU PRESENTLY MISSING OR SENDING OUT TO BE DONE BECAUSE YOU DO NOT HAVE THE EQUIPMENT IN HOUSE TO DO THE WORK? (I.E., BRAKES, BALANCE, A/C, ETC.)
NUMBER OF TIMES EQUIPMENT WOULD BE USED PER MONTH
(A)
ESTIMATED LABOR CHARGED PER USE
(B)
$
(A x B) = (C)
$
(D)
$
(A x D) = (E)
$
(C + E) = (F)
$
@ $ PER HOUR
(G)
$
(NON-CHARGEABLE)
(H)
$
(J)
$
(A x J) = (K)
$
(G + H + K) = (L)
$
GROSS PROFIT ON SERVICE
(F - L) = (M)
$
MONTHLY LEASE PAYMENT
(N)
$
(M - N) = (P)
$
(P x 12)
$
LABOR INCOME ESTIMATED PARTS SALES PER USE PARTS INCOME TOTAL MONTHLY INCOME
LABOR HOURS SUPPLIES CONSUMED
COST FOR PARTS CHARGED PER USE TOTAL COST FOR PARTS COST TO PROVIDE THE SERVICE
NET MONTHLY PROFIT NET ANNUAL PROFIT
THIS ANALYSIS IS ONLY A PROJECTION, NOT A GUARANTEE OF PROFITS. YOUR RESULTS MAY VARY.
FOR ADDITIONAL INFORMATION CALL GREATAMERICA 800-487-3636
BUSINESS OPPORTUNITY WORKSHEET PREPARED FOR:
DATE:
The Repair Shop
xx / xx / xx
WHAT WORK ARE YOU PRESENTLY MISSING OR SENDING OUT TO BE DONE BECAUSE YOU DO NOT HAVE THE EQUIPMENT IN HOUSE TO DO THE WORK? (I.E., BRAKES, BALANCE, A/C, ETC.)
#4000B Brake Lathe #2500 Deluxe Lathe Bench #2B Adapter Kit
$4,999.00 $449.00 $699.00
NUMBER OF TIMES EQUIPMENT WOULD BE USED PER MONTH
(A)
ESTIMATED LABOR CHARGED PER USE
(B)
$
60.00
(A x B) = (C)
$
1,440.00
(D)
$
60.00
(A x D) = (E)
$
1,440.00
(C + E) = (F)
$
2,880.00
(G)
$
432.00
(H)
$
57.60
(J)
$
30.00
(A x J) = (K)
$
720.00
(G + H + K) = (L)
$
1,209.60
GROSS PROFIT ON SERVICE
(F - L) = (M)
$
1,670.40
MONTHLY LEASE PAYMENT
(N)
$
148.14
(M - N) = (P)
$
1,522.26
(P x 12)
$
18,267.12
LABOR INCOME ESTIMATED PARTS SALES PER USE PARTS INCOME TOTAL MONTHLY INCOME
LABOR HOURS
24
SUPPLIES CONSUMED
@ $ PER HOUR
$18.00
(NON-CHARGEABLE)
COST FOR PARTS CHARGED PER USE TOTAL COST FOR PARTS COST TO PROVIDE THE SERVICE
NET MONTHLY PROFIT NET ANNUAL PROFIT
THIS ANALYSIS IS ONLY A PROJECTION, NOT A GUARANTEE OF PROFITS. YOUR RESULTS MAY VARY.
24
FOR ADDITIONAL INFORMATION CALL GREATAMERICA 800-487-3636
FLEETPRIDE RATE SCHEDULE #19026
90 DAY DEFERRED
TWO DOWN
ZERO DOWN
ONE DOLLAR BUYOUT
Effective 03/29/12 Subject to change without notice Subject to credit approval Rates good for 90 days from lease application approval date Call for rates over $125,000 Applicable sales tax to be added One time documentation fee $99 added to first invoice
$1,000 $4,999
$5,000 $9,999
$10,000 $34,999
$35,000 $74,999
$75,000 $149,999
12
.10043
.09991
.09576
.09533
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24
.05339
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36
.03775
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48
.03008
.02897
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60
.02537
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12
.09637
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24
.05170
.05124
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36
.03669
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48
.02928
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60
.02473
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12
.10487
.10415
.09848
.09791
.09778
24
.05518
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.05130
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36
.03886
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48
.03092
.02968
.02797
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60
.02604
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.02327
.02296
.02271
GALC005
CONTACT: Josh McGinn
Marina Guyt
jmcginn@greatamerica.com
mguyt@greatamerica.com
tel: 800.487.3636
fax: 800.488.6262
GreatAmerica Leasing Corp., 625 First Street SE, Suite 800, Cedar Rapids, IA 52401
www.greatamerica.com
CREDIT APPLICATION GreatAmerica Leasing Corp.
Fax completed credit applications to GreatAmerica at 800-488-6262 or call for assistance at 800-487-3636.
CUSTOMER INFORMATION (PLEASE PRINT)
Legal Name of Business Billing Address Telephone No.
City Fax No.
Cell No.
State
Zip Code
Email Address
Contact Name
Title
Description of Business
Prop
Partner
Corp
LLC
Years In Business (under current ownership)
Equipment Location (if different from above)
PERSONAL INFORMATION (OFFICERS, PARTNERS OR OWNERS)
Name
Home Address
City
State
Zip Code
Social Security No.
Name
Home Address
City
State
Zip Code
Social Security No.
Additional Information:
I authorize GreatAmerica (or its designee) to review my credit, confer with the references listed, confirm any information provided and obtain
S information from any credit reporting agency, all in connection with extending credit and reviewing and collecting on the resulting account. I G Date N Signed X VENDOR INFORMATION (PLEASE PRINT)
Vendor Name:
Vendor Address:
Vendor Phone:
Sales Rep Name:
Sales Rep Email:
Sales Rep Phone:
Item Description
Qty
Part No.
Extended Price
Total Amount to Finance (without tax) Lease Term (Circle One)
12
24
36
48
60
Special Instructions DISCLOSURE OF RIGHT TO REQUEST SPECIFIC REASONS FOR CREDIT DENIAL GIVEN AT TIME OF APPLICATION. If your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please contact GreatAmerica Leasing Corporation, 625 1st St SE, Cedar Rapids, Iowa 52401 (319-365-8000) within 60 days from the date you are notified of our decision. We will send you a written statement of reasons for the denial within 30 days of receiving your request for the statement. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.
Fax completed credit application to GreatAmerica at 800.488.6262
CREDIT APPLICATION GreatAmerica Leasing Corp.
Fax completed credit applications to GreatAmerica at 800-488-6262 or call for assistance at 800-487-3636.
CUSTOMER INFORMATION (PLEASE PRINT) Legal Name of Business
Billing Address
Telephone No.
City
Fax No.
Cell No.
State
Zip Code
Email Address
Contact Name
Title
Description of Business
Prop
Partner
Corp
LLC
Years In Business (under current ownership)
Equipment Location (if different from above)
PERSONAL INFORMATION (OFFICERS, PARTNERS OR OWNERS) Name
Home Address
City
State
Zip Code
Social Security No.
Name
Home Address
City
State
Zip Code
Social Security No.
Additional Information:
I authorize GreatAmerica (or its designee) to review my credit, confer with the references listed, confirm any information provided and obtain
S information from any credit reporting agency, all in connection with extending credit and reviewing and collecting on the resulting account. I G Date N Signed X VENDOR INFORMATION (PLEASE PRINT) Vendor Name:
Vendor Address:
Vendor Phone:
Sales Rep Name:
Sales Rep Email:
Sales Rep Phone:
Item Description
Qty
Part No.
Extended Price
Total Amount to Finance (without tax) Lease Term (Circle One)
12
24
36
48
60
Special Instructions DISCLOSURE OF RIGHT TO REQUEST SPECIFIC REASONS FOR CREDIT DENIAL GIVEN AT TIME OF APPLICATION. If your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please contact GreatAmerica Leasing Corporation, 625 1st St SE, Cedar Rapids, Iowa 52401 (319‐365‐8000) within 60 days from the date you are notified of our decision. We will send you a written statement of reasons for the denial within 30 days of receiving your request for the statement. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.
Fax completed credit application to GreatAmerica at 800.488.6262