Why You Should Finance an LED Sign for Your Business or Organization
Investing in an LED sign for your business can significantly enhance your visibility, attract more customers, and ultimately drive revenue growth. However, purchasing an LED sign upfront can sometimes be financially challenging for small businesses or organizations. This is where financing becomes a powerful tool. Here are the three main reasons why financing an LED sign is a smart decision:
1. Tax Advantages: Maximize Your Write-offs
Financing your LED sign can offer substantial tax benefits that more than offset any interest paid on the loan. When you finance the sign using a lease finance option, you are essentially leasing to own. Unlike traditional leases, where the ownership remains with the lessor, you own the sign from your very first payment.
The true advantage of this option is the ability to write off your monthly payments as operating expenses. For example, if you are paying $120 a month for your sign, you can deduct that from your taxable income. Then, at the end of the financing term, you can write off the full value of the sign again.
In essence, for a $3,000 sign, you could potentially write off $6,000 in taxes. This makes financing an LED sign a highly advantageous strategy, especially for businesses looking to minimize their tax liability while benefiting from the enhanced visibility an LED sign offers.
2. Build Your Business Credit: Strengthen Your Financial Future
Building business credit can be challenging for many brick-and-mortar businesses, often without them even realizing it. Many businesses lack established credit histories, which means that when they need to finance equipment or take out a loan, the financial responsibility often falls on the business owner personally, rather than the business itself.
Having strong business credit is essential for several reasons:
- Easier access to future loans: With a good business credit score, you’ll have an easier time securing loans or financing options at better interest rates.
- Separation of personal and business finances: By building business credit, you ensure that your personal finances remain separate from your business obligations.
- Better terms with vendors: A business with solid credit is often eligible for more favorable terms with suppliers and vendors.
Both of our financing partners report to major credit agencies, including Dun & Bradstreet. By financing an LED sign through us, you can easily build your business credit while generating more revenue from the increased visibility the sign provides.
3. Get Your LED Sign Today: Stop Missing Out on Revenue
The most compelling reason to finance an LED sign is simple: you can get one immediately and start benefiting from the increased revenue potential.
With our no-money-down financing partners, you can get an LED window sign for as little as $4 a day, with no down payment required. While paying in full can feel like the responsible choice, it’s essential to consider the opportunity cost. By waiting and saving up for a sign, you’re missing out on months—if not years—of increased visibility and revenue growth.
According to the SBA, businesses that use programmable LED signs can expect a revenue increase of 15% to 150%. Imagine the potential lost income if you choose to wait rather than act now. Financing allows you to start seeing returns immediately, without putting a strain on your cash flow. The missed revenue from not having a sign could easily outweigh the cost of financing.
Conclusion: Financing is the Smart Choice
Financing an LED sign for your business or organization is a win-win situation. You benefit from tax advantages, build valuable business credit, and most importantly, get your LED sign today without missing out on potential revenue. Don’t wait and lose money; get a quote, explore your financing options and watch your business grow with the power of an LED sign.
Frequently Asked Questions (FAQ)
1. What are the tax advantages of financing an LED sign?
When you finance an LED sign using a lease finance option, you can write off monthly payments as operating expenses and then write off the full value of the sign at the end of your payments. This effectively doubles your tax deductions, offering significant savings.
2. How does financing help build business credit?
Both of our financing partners report payments to major credit agencies like Dun & Bradstreet. Financing your LED sign helps establish or improve your business credit, making it easier to secure future loans and keeping your personal and business finances separate.
3. What’s the difference between lease financing and traditional leasing?
In lease financing, you own the LED sign from your first payment, unlike traditional leases where ownership stays with the lessor. Lease financing allows you to write off monthly payments and the sign’s full value at the end of the term.
4. How much can I expect to pay monthly for an LED sign?
With our no-money-down financing options, you can get an LED window sign for as little as $4 a day. Your specific monthly payments will vary depending on the size and features of the sign you choose.
5. How soon will I see a return on my investment?
According to the SBA, businesses using programmable LED signs can expect a revenue increase of 15% to 150%. Many businesses begin seeing returns soon after installation due to increased visibility and customer engagement.
6. Is there a down payment required for financing?
No, we offer no-money-down financing options, allowing you to acquire an LED sign without any upfront costs. This ensures your cash flow remains intact while you benefit from the increased revenue a sign can bring.
7. Will financing affect my personal credit?
If you finance your LED sign under your business name, it won't impact your personal credit. This is a great way to build your business credit and keep your personal and business financials separate.
8. How long does the financing process take?
The financing approval process is typically completed within a few hours. Once approved, you'll be able to move forward with getting your new LED sign.
9. Can I pay off my LED sign early?
The option to pay off your LED sign early depends on the financing partner you choose. Some agreements allow early payoffs without penalties, helping you save on interest.
10. What kind of revenue increase can I expect from using an LED sign?
Businesses using programmable LED signs often experience a revenue increase of 15% to 150%, depending on location, traffic, and how effectively the sign’s messaging is utilized.