January 23rd, 2017
After this many years in the business, here at Noah's Park & Playgrounds we know over the next several months organizations such as: schools, daycares, parks and recs, churches, HOAs, apartment complexes and more will still be shopping for high quality, commercial grade playgrounds, with hopes of getting equipment installed by Spring. We've also seen how these organizations benefit from having play spaces for their communities, such as churches and apartments being able to attract families with children, to child care center enrollment increases and raising property values for HOAs and developers. However, since commercial play equipment can be a BIG chunk of change, cost can be prohibitive! That's where smart playground financing comes in.
Planning ahead and understanding your financing options can make the difference between putting your playground dream on hold and moving forward with confidence. Playground financing is more than just a payment plan, it's a tool that helps you match your project timeline with your cash flow, expand your equipment options, and minimize upfront costs. By budgeting for a monthly or quarterly payment instead of a large lump sum, you can stay financially stable while bringing a valuable community resource to life. It also opens the door to funding complementary amenities like surfacing, seating or shade structures that enhance the full playground experience. Whether you're outfitting a church, daycare, or public park, leveraging financing early on in your planning process can help make your vision achievable sooner than you thought possible.
Explore Your Playground Financing Options
- Noah's Financial Partner, PEAC Solutions!
- Start by looking into available funding through state or municipal grants.
- Employ personal fundraising efforts with online efforts such as GoFundMe or
Ask your local philanthropic organizations such as Rotary, VA-Lodge, or local businesses that would benefit from increased traffic due to a new park or playground nearby (banks, groceries, etc.).
- Research affordable, third-party playground financing options.
Benefits of Playground Financing
Once grants and private fundraising options are exhausted, many turn to an affordable payment plan in order to not delay their project. Let's look at the potential benefits to playground financing:
- Get more for your money: Financing can be beneficial to more than just the playground structure. If you have been able to secure enough capital for the main structure, you can consider financing for extras such as shelter, benches, additional play features or other structure for the playground.
- Protecting credit for unplanned purposes: It is wise to leave some available credit open for unforeseen circumstances.
- Tax Benefits: Typically, interest charged through traditional financing programs provide a tax benefit to the business or organization. Seek tax advice from a CPA first!
- Faster Installation: Why wait for your playground to be installed as you try to raise funds when you can finance and start enjoying immediately!
- Flexible Payment Options: There are multiple options for re-payment of your loan for your playground. This allows you to choose the option that will work best for your business and cash flow situation. Options to pay include monthly, quarterly or annually.
How the Financing Process Works
So, how does the financing process work? There are often several third-party finance options to consider. Some offer little or no-money-down options to get started. Many finance programs offer same-day approval processes to help get you get your project underway almost immediately. Financing your playground equipment allows you to keep your hard-earned cash (ie: junk of change) so cash-flow is not compromised!
Why Choose PEAC Solutions
Noah's Park & Playgrounds offers convenient, affordable financing through PEAC Solutions. PEAC Solutions allows you to finance 100% of your equipment purchase, unlike many financial institutions. How it works and the benefits:
- Asset Management: This allows the use of equipment during a specified time in exchange for the lease payment. At the end of the term, you can opt to return the equipment to the company or purchase it.
- Flexibility: PEAC Solutions allows flexibility to change or add equipment as business needs change.
- Tax Advantages: When you choose to finance your equipment, the amount saved in taxes could be greater than the amount you pay in the first year of the lease.
How to Apply
You can now get the playground equipment you so desperately desire immediately without an effect on your bank credit lines. Applying is easy with these simple steps:
- Shop and decide on your equipment
- Apply for financing. Get an answer in as little as two hours
- Sign your agreement
- Receive your equipment and PEAC Solutions will commence the finance agreement
- Once the finance process is finalized, your first invoice will arrive within 30 days and payments will be monthly for the term of the agreement
Why Playground Financing Makes Sense for Budget Conscious Projects
Playground financing is an ideal solution for organizations working with limited funds and high expectations. Whether you're a school aiming to improve recess areas, a church looking to create a welcoming space for families, or a city park planning an upgrade, financing allows you to move forward without the wait. By spreading payments over time, you can preserve your existing budget for other essentials while still giving children a safe and fun place to play. Financing also helps prevent delays due to slow fundraising efforts or budget approval processes. With options for little or no money down and same day approvals, you can start your playground project almost immediately. Noah's Park & Playgrounds partners with PEAC Solutions to offer flexible, accessible solutions to offer flexible, accessible playground financing that gets results without compromising quality or safety.
Let's Build Something Great Together
At Noah's Park & Playgrounds, we pride ourselves on being able to provide the entire customer experience. We design, sell and install our playground structures. We provide a vast variety of structures including ADA accessible playgrounds, and offer only the highest quality, durable, and safest equipment available today. Whether you are looking for a particular piece of equipment, or an entire structure, we'd love to help walk you through the process and answering any questions you might have. Contact us today; we'd love to make your dream a reality.