Leading Independent Financing Company Will Structure Lease Financing Programs for LEDtronics, Inc. End Users throughout the United States
FOR IMMEDIATE RELEASE
IRVINE, California, November 19, 2013 – Balboa Capital, a top independent provider of small business loans and lighting equipment vendor financing, today announced that it has become a preferred financing resource for LEDtronics®, Incorporated, www.ledtronics.com, 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 system that has a variety of tools and features to help equipment dealers take their businesses to the next level.
For more information about Balboa Capital's financing program for LEDtronics, please contact David Shafer at (949) 553-3497 or via email at davidrs(at)balboacapital(dot)com.
About LEDtronics, Inc.
The pioneer of LED lighting, Pervaiz Lodhie, founded LEDtronics, Inc. in 1983 with his wife Almas. For the past 30 years in Torrance, California, LEDtronics, Inc. has been the leader in designing and manufacturing environmentally-friendly, low-power usage, long-life LED bulbs and LED lamps to replace incandescent bulbs. The company is certified as a Minority-Owned Small Business and has grown into one of the world's leading suppliers of innovative LED lights, lamps, clusters and arrays. LEDtronics now employs over 300 people with sales representatives worldwide and prides itself on delivering LED lighting solutions and products of consistently high quality to exceed customer expectations. For more information, call (800) 579-4875 or visit http://www.ledtronics.com. For technical information or custom design and/or manufacturing needs, contact Jordon Papanier at 310-534-1505. Media Contact: Melanie Rembrandt, Rembrandt Communications®, firstname.lastname@example.org, 800-PR1-0116.
About Balboa Capital
Balboa Capital is one of the largest privately-held independent finance companies in the United States delivering access to capital, speed of processing, dependable funding, state-of-the-art technology and innovative marketing tools that small and medium-sized customers require to fuel their growth and success. Celebrating 25 years in business in 2013, Balboa Capital markets its products through their small ticket, middle market and vendor sales channels. In addition to equipment vendor financing, the company's comprehensive capabilities include equipment leasing, commercial business loans, and franchise financing. You can learn more by visiting www.balboacapital.com.