Greenville, SC – Removing a significant barrier to wider adoption of energy efficient lighting, Hubbell Lighting today announced a creative financing solution called “Cash Flow Positive.” The initiative provides flexible and easy access funding for commercial and municipal customers, through Hubbell Lighting and its agent network. As the name suggests, in most cases, Hubbell Lighting can help end users capture an immediate bottom-line, cash flow benefit from lighting upgrades.
“Major capital investments are hard to justify and will always stand as an impediment to greater energy efficiency,” said Scott Muse, President of Hubbell Lighting. “Our Cash Flow Positive program addresses the economic barriers that our customers often face and helps them break through these challenges to immediately capture the benefits of our leading energy efficient lighting and controls solutions.”
Working through the company’s Hubbell Capital team, commercial customers can receive competitive rate financing with terms from 12 to 60 months (up to 120 months for municipal customers) on projects ranging from $5,000 to $10 million. The application process is simple and dedicated Hubbell Lighting customer contacts provide assistance throughout the financing process, including managing all documentation. There is no down payment, no minimum financing requirement and no hidden costs. Most important, Hubbell Capital estimates the costs and payments of all products, installation and project-related services, which means that the financing is structured to ensure that energy cost savings are greater than monthly financing costs. The result: immediate positive cash flow.
“This is a major step forward in spurring the adoption of innovative and efficient lighting technologies that have a proven impact on lowering facility and municipality costs,” added Muse.
To learn more about Hubbell Lighting’s Cash Flow Positive program, visit http://www.hubbelllighting.com/resources/financing/.Tagged with Hubbell, lighting, tED