Would you like your business to grow with less risk to capital? Leasing is often the most efficient means of getting JBL speakers, along with other Harman Pro equipment, simply and quickly, without affecting credit lines or cash flow.

JBL Professional and U.S. Commerce Equipment Finance, L.L.C. have teamed up to offer fixed rate financing at competitive rates for terms up to five years. Financing 100% of the equipment costs, taxes, installation, and delivery charges allows for minimum up-front cash requirements. No longer will you have to wait days or weeks for credit approval, as we generally respond within as little as a few hours.

The JBL Professional / U.S. Commerce leasing program provides a variety of leasing structures designed to free up operating capital and provide flexibility for future expansion. You can choose from plans that allow you to...

  • Defer payments 30, 60, 90 days
  • Skip payments
  • Make annual, semi-annual or quarterly payments
  • Step payments

We have designed a finance program to address the financial needs of the pro audio industry. We are confident that our experience and knowledge of financing alternatives can directly benefit your business and assist you in meeting your business objectives.

Contact:

JBL Professional
email: info@jblpro.com

U.S. Commerce Equipment Finance, L.L.C.
email: jblleasing@us-commerce.com
The Leasing Process
  • Select the equipment you want from your participating JBL Professional retailers.
  • Apply for your lease.
  • Sign your lease documents and begin using your new equipment.

The Process is Fast!

Applications are reviewed immediately. When approved - usually within a few hours - you will be notified to contact your dealer to arrange for delivery.

LEASE TRANSACTION OUTLINE
Time frames for all of the steps in this process do vary but we try maintain the following:

  • Credit investigation: Immediate
  • Transaction Approval: As soon as credit investigation is complete.

    Completion of the above steps are primarily contingent upon the accessibility and cooperation in obtaining bank references and/or trade references.

  • Documentpreparation and sending: By end of business day.

    HERE'S HOW IT GOES...
    1. Lease application is received (via fax, Internet, or phone) in one of the following scenarios:

    a. Lessee completes and submits on-line lease application.(Click here).
    b. JBL Professional Dealer salesperson calls U.S. COMMERCE (800-788-3838) with name and phone number of prospective Lessee to contact, discuss financing alternatives, and send application to be completed and returned to begin processing.
    c. Lessee was given application by JBL Professional Dealer salesperson to complete and return to U.S. COMMERCE
    via fax (800-758-5327).
    d. JBL Professional Dealer Salesperson gave Lessee our phone number to contact us directly, discuss financing alternatives, and acquire application to complete and return in order to begin processing.

    2. Application is immediately logged into system and credit history obtained.

    3. If all necessary information is immediately accessible and all customer preferences are known (i.e. term, equipment, cost, etc.), transaction is approved or declined.

    4. JBL Professional Credit Department invoices U.S. COMMERCE for the purchase.

    5. With approval, lease documents are prepared and sent via overnight delivery or e-mail to Lessee.

    6. Lessee executes documents and returns documents to U.S. COMMERCE.

    7. Equipment is delivered to Lessee.

    8. U.S. COMMERCE verifies delivery and functionality of equipment with phone call. Upon verification and receipt of the Certificate of Acceptance, U.S. COMMERCE pays JBL Professional, who then pays the dealer and your lease payments start approximately 30 days later.

    • Why lease?
    The advantages of leasing.

    Leasing is a tool - a tool that works for you in ways not possible with other means of capital finance. Considering that 80% of all U.S. companies lease some or all of their equipment is proof that leasing works. Leasing helps growing businesses clear the hurdles that typically confront them - hefty down payments, monthly finance costs and shrinking credit lines.

    To compete, you must be able to keep pace with the wave of new technology as it becomes available. U.S. Commerce allows you to catch that wave and use it to your benefit - increased revenue. Leasing allows you to tailor your expenditures to your revenue - making that all-important cash flow situation work to your benefit by increasing flexibility, which allows you to adapt quickly to today's fast paced economy.

    Ownership of equipment alone will not produce revenue. It is the use of equipment which is productive. When viewed from this perspective, leasing is frequently less expensive.

    1. CONSERVATION OF CAPITAL    
    Cash remains untouched and available for other profitable purposes. Cash is king. Cash should be allocated for purchases of items that financing may not be best suited. Cash is best used for expendables and soft costs.

    2. LEAVES BANK LINES UNTOUCHED
    Normally, a lender will not reduce a line of credit when equipment is leased. However, when the equipment is financed, it consumes available credit. As a bank customer you have a finite credit limit, which is used as a loan, mortgage, revolving line of credit, overdraft protection, etc. The more this credit is utilized, the less there is for items that cannot or should not be leased. Items in this category would be inventory, additional labor expense, raw materials, buildings or leasehold improvements.

    3. CLEANER BALANCE SHEET
    Lease payments may be entered as footnote items on a balance sheet and may not increase your liabilities as a loan does. This is important to obtain additional credit.

    4. TAX SAVINGS AND IMPROVED CASH FLOW
    The full cost of leasing can often be treated as an expense deduction for income tax purposes and may result in a larger tax deduction than if you were claiming a depreciation expense. This can mean substantial tax savings and improved cash flow.

    5. BETTER TERMS
    Lease payments usually can be extended at fixed rates over a longer period of time than conventional bank financing… and without large down payments. Typically banks require a 20% down payment. With a lease, typical terms require one advance payment and a security deposit which total approximately 3%-5% of the equipment cost.

    6. SIMPLIFIED RECORDKEEPING
    One monthly rental covers the entire cost of the equipment. Reduce your effort in tracking tax rules and regulations regarding depreciation and amortization.

    7. CONVENIENCE
    Convenience is a surprisingly important part of leasing's appeal. A lease may be consummated in a few days. You can be up and running, making a profit in no time at all.

    Frequently Asked Questions Back to the top

    How much are my monthly payments?
    Contact U.S. COMMERCE and a representative can provide estimated payments for varying cost and lease structures. Or, submit a lease application and we will provide an exact payment on the terms you request with processing of your application.

    Who can lease?
    Any business, all corporations, partnerships, sole-proprietorships, State and Country municipalities, school Districts, Colleges, and Universities. JBL Professional and U.S. COMMERCE cannot lease equipment to an individual for personal use.

    Is a down payment required?
    Typical lease terms require one advance payment and a security deposit which total approximately 3%-5% of the total equipment cost.

    Is there a minimum purchase amount?
    Yes: $2,500. Your order may consist of any combination of equipment sold by your JBL Professional dealer, as well as other Harman Pro products such as Crown amps, Soundcraft mixers, BSS and dbx signal processing and others.

    Can the lease be cancelled?
    No, but the equipment can be traded in for new, leased equipment before the expiration of the initial term.Lessee is responsible for any deficiency between value of trade-in and the balance due under original lease agreement

    What about insurance?
    For the protection of both U.S. COMMERCE and you, U.S. COMMERCE requires that the equipment be insured. Insurance is available through U.S. COMMERCE, or can be provided by your own insurance company.

    What happens at the end of the lease?
    At the end of the lease term, you have the opportunity to take ownership of the equipment for the dollar amount specified by your purchase option. Whether the lease carries a 10% Purchase Option, Fair Market Value Purchase Option, or One Dollar Buyout you may exercise the option, return the equipment to U.S. COMMERCE, or continue with the lease.

    What types of lease plans are available?
    Contact U.S. COMMERCE and a representative would be happy to explain the many types of plans available to our JBL Professional customers.

    Can I add to a lease at a later date?
    Yes. Once you have your lease, U.S. COMMERCE can usually make convenient arrangements for you to make additional acquisitions by simply adding to the existing lease.

    For advice on leasing, contact U.S. COMMERCE by phone, e-mail, or fax and a representative will be happy to discuss your options and help determine a suitable lease plan for your continued success.

    Tel: 800-788-3838
    Fax: 800-758-5327
    email: jblleasing@us-commerce.com