Teravalve has access to over 200 million dollars in several financing programs. The decision is based off clients goals and qualifications. Our approval rates are high with reasonable interest rates for qualified clients. Ask your representative for an application.
Note Financing – Is 100% financing for qualified end users that wish to have the flexibility of making payments at reasonable interest rates and paying in full without penalty. The capital expenditure is realized by the end user. Based on approval 12 to 60 month payment terms available. Benefits are early termination and lower acquisition cost of valve than the shared savings program.
Shared Savings – are for qualified clients that will share in savings over a period of time without having financial obligations of note and lease financing. The savings each month from the water bills are split based on predetermined percentages. The amount of savings is based off of measures and verifications, a process started before the first valve is installed. This shared arrangement can vary on length of years depending on the allocation of monthly savings. Benefits are no out of pocket cost and no risk and do not have to take as a capital expenditure.
Lease Financing – Is 100% financing for a set period of time 12 to 60 months with no early termination. Once you commit to term you must complete all payments. The interest rate is higher than note financing. The benefits are a high approval rate and you do not take the capital expenditure.