Is it Possible to get an LED Sign for FREE???O.P.M. - Other Peoples Money & How To Make It Work For You!
What could be better than using someone else's money to buy something that will make you money? What if I loaned you $100 and you paid me back $10 a month for a year? What if you used that $100 to buy something for your business that brought you an additional $50 a month in income? After repaying the loan including interest, how much did that purchase cost you?
$100 Loan, $120 in Payments (20% Simple Interest), $600 in Income, Cost = $0
In economics, business, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In this case there is MORE MONEY AVAILABLE, hence there is NO COST. In fact there is an ANTI-COST!
The very definition of FREE is 'without cost'. That being said, I would like to introduce to you the concept of using OPM or Other People's Money to purchase a profit producing LED Sign for your business that Will generate profits in excess of the outlay thereby eliminating the cost. Or, a FREE LED Sign!
Now, like anything that is FREE there is always a catch. In order to use OPM (Other People's Money) you have to have some semblance of decent credit. If you've never paid a bill in your life you might as will quit reading now because this information will not apply to you!
Using OPM, especially for businesses, does not however require 'perfect credit'. Before you get to worried about the qualification criteria to purchase an LED Sign using OPM, read on...
If you have been considering purchasing an LED Sign for your business this information will be very valuable to you.
If you purchase your LED Signs through iCatch Displays you may be eligible to use our Leasing Program or Equipment Financing option. Using our leasing program will enable you to use someone else's money to pay for your LED Sign. Your LED Sign will produce additional sales revenue for your business (why else would you buy one in the first place?).
On average the lease payment for an LED Sign is in the $600 per month range. That means there is a daily investment of $20. If your LED Sign produces a modest $200 a day in additional sales revenue and you are managing a 20% Net Profit that means you are doubling your money everyday. Money that you borrowed elsewhere. So you are in fact borrowing $20 from someone else and then using it to make yourself $20.
The concept of OPM is very simple, almost too simple. But, what if you have plenty of cash available?
If you are a 'cash' guy (or gal) I understand but I would still implore you to consider using O.P.M. to purchase your LED Sign. Use your cash reserves to make a different cash producing asset purchase that won't qualify for an equipment lease. Leasing companies have strict criteria on what types of equipment they will loan money on and LED Signs qualify while other types of equipment may not.
In plain English, a purchase that does not make your money unavailable for further use is indeed by the very definition of the word... FREE. It may require an investment but there is no cost. O.P.M. is a powerful strategy to generate more profit for your business!
For more information about Leasing LED Signs and OPM visit http://www.icatchdisplays.com/ and click on 'LEASING'.
