The agreement with SP is a month-to-month service agreement. The customer may terminate at any time and/or buy out the equipment for FMV upon 30-day notice.
The transaction is off-balance sheet and not required to be in the footnotes section of the customer’s Financials.
SP pays for 100% of the project along with ongoing maintenance. You have no CAPEX or OPEX.
SP pays for upgrades at no cost when new technology increases efficiency.
Simple RFP or accelerated procurement cycle.
Improved safety for personnel.
Lowered energy-related operating expenses.
Updated, refreshed and enhanced value of facilities.
Reduced environmental footprint.
Leave A Comment