WB FINANCIAL Announces “Green Facility Lease” Program

LED (or light-emitting diode) lighting isn’t new, but we are just now starting to see large-scale commercial and industrial applications for this breed of ultra efficient lighting. In commercial facilities, lighting accounts for 30 to 50 percent of energy consumption and retrofitting a facility with LED lighting can save upwards of 95% in lighting costs (Dole Fresh Produce facility case study: http://www.environmentalleader.com/2009/11/02/lighting-retrofit-cuts-dole-energy-use-95/). LED lights run cooler, emit more light per watt, have a life of 50,000+ hrs and allow for dimming; so why are so many companies hesitant to implement this technology in their facilities? Simple… cash, or a lack thereof.


LED lighting is considerably more expensive than traditional metal halide options, forcing many companies to delay a lighting retrofit until business picks up and they have the ability to pay for the upgrade. But, what if that lighting upgrade actually put money back in YOUR pocket every month? That’s where WB FINANCIAL comes in to play. The nationwide equipment leasing and commercial financing firm, located in Garden Grove, CA recently announced it’s “Green Facility Lease” program, which allows businesses across the US and Canada to upgrade to LED lighting with little money down. The best part… the fact that they are able to structure LED lighting financing so that monthly payments are LESS than energy savings. To spell it out even more clearly, they are putting money BACK into your facility every month! “With the DOE supporting the move to make existing commercial buildings as energy efficient as possible, we are seeing tremendous interest in the area of LED lighting,” says Nicholas Fitch, Director of Marketing at WB FINANCIAL. “Business owners see the long paybacks typically associated with solar pv and small-scale wind, and want something that will effect their bottom ASAP. With LED lighting retrofits paying back as quickly as 12-months, it was clear that project financing was the missing piece of the puzzle,” said Fitch. With viable commercial leasing and finance options readily available, now is the time to go green… and save some green in your commercial property of facility.

For more information on the leasing and financing options offered through their “Green Facility Lease,” please visit: http://www.equipmentleasingspecialists.com/energy-efficient-LED-lighting-retrofit-financing.php