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Financial

In order to assist our customers with the purchase of an AmeriShade canopy, we have developed a number of financing alternatives for their use. They include
  • Staged Payment Plans for Projects under $75,000. Payment of 50% of the contract price is due at the time of contract signing; the remaining 50% within ten (10) days of completion and acceptance of the job.

  • Staged Payment Plans for Projects greater than $75,000. Payment of 15% of the contract amount at contract signing; 40% of contract amount when materials are delivered to the job site; and 45% within ten (10) days of completion and acceptance of the job.

  • Staged Payment Plans for projects greater than $500,000. Negotiated prior to contract signing.

  • Lease Financing. We provide our customers a financing option through one of Oklahoma's largest state-chartered bank (the "Bank") with more than 100 service locations in 43 communities across Oklahoma. It offers a variety of lease options to finance the construction of your new canopy structures. The advantages of leasing include:

    • Up to 100% financing of the equipment cost, plus additional soft costs. This preserves your working capital and keeps your line of credit open.

    • Lease terms generally between 1-5 years. Special lease terms may include a seasonal, semi-annual or annual payment plans.

    • $1.00 purchase option at the end of the lease.

    • No prepayment penalties.

    • Note: AmeriShade offers this lease financing option as a courtesy to our customers. We are not affiliated with the Bank in any way and do not participate in the decision to provide or not provide financing to any of our customers. That decision will be made solely by the Bank.


  • Partnership Program for Commercial Parking Operations. Essentially, the Program is designed to allow a parking lot owner/operator to add covered parking to his facility with little or no out-of-pocket, up front cost. AmeriShade will design and build the structures for a negotiated percentage of the increased fees charged by owners as a result of the amenity. The greater of those fees or an agreed-to minimum annual charge will be due monthly. The term of each agreement will also be negotiated (e.g., 3, 5, 7 or 10 years). We believe that covered parking is an attractive amenity and will increase overall revenues of any commercial parking operation. Based upon our limited surveys, covered space in a commercial area sells for a premium of $2 to $5 per day.

    We expect that most operators will not want to pay any up-front cost, requiring AmeriShade to bear the entire burden in return for a guaranteed, collateralized income stream over the agreed-to period. At the end of the term, the owner will have no further obligation to AmeriShade.

    For a program like this, we understand that it must be good economically for both parties if it is to be successful. As a consequence, we are willing to make appropriate investments with the right partners. We believe that a cooperative arrangement can make sense to both parties.




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