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Balboa Named Preferred Financing Resource for LED Lighting Company

November 20, 2013, 07:00 AM
Filed Under: Vendor Finance News

Balboa Capital announced that it has become a preferred financing resource for LEDtronics®, Incorporated, one of the leading suppliers of innovative LED lighting, LED lamps, clusters and arrays in the world. Through this relationship, Balboa Capital will develop financing programs for LEDtronics end users across the country.
“LEDtronics is a recognized leader in the design and manufacturing of energy efficient and environmentally friendly LED lighting products, and we are pleased to be their preferred financing resource,” says David Shafer, Director of Business Development of Balboa Capital’s Vendor Services Group. He adds, “This affiliation bolsters our ability to serve LEDtronics sales team members and resellers nationwide. We will provide their customers with fast, flexible financing solutions that can help drive sales, increase profits and grow the LEDtronics brand.”
LED lighting products are more energy efficient and last longer than traditional lighting solutions, which makes them an excellent option for myriad commercial and industrial applications. LED lighting is being used at airports, retail stores, hospitals, parking structures, universities, gas stations, restaurants, museums, manufacturing facilities and bridges, among many others. The energy savings and significantly longer lifespan afforded by LED lights translates into a greater return-on-investment for companies of all sizes. “The up-front cost of LED lighting systems might prevent some business owners from investing in this innovative technology even though it presents them with financial benefits down the road,” says Mr. Shafer. “With Balboa Capital, companies can preserve their existing capital and credit lines and acquire LEDtronics’ lighting products for an affordable monthly lease payment.”
Balboa Capital’s financing program for LEDtronics is as convenient as it is efficient. One-page applications for up to $150,000 in financing can be submitted online, and credit decisions are made within one hour. Balboa Capital has highly competitive rates, and same-day funding is available. Lastly, the LEDtronics sales team, and resellers who become Balboa Capital vendor partners, will be able to manage every aspect of their financing transactions with Navigator. Navigator is Balboa Capital’s online sales management systemthat has a variety of tools and features to help equipment dealers take their businesses to the next level.

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