Electro-Mech, a scoreboards manufacturer with facilities in Wrigtsville, Georgia, announced today a new partnership with ACI Financial, Incorporated. The purpose of the partnership is to provide new financing and leasing options for Electro-Mech’s scoreboard customers.
Jon Martin, direct sales manager for Electro-Mech, explained that the availability of new technologies is simultaneously driving down the cost of high-end equipment while encouraging more customers to increase their overall investment. “There are two interesting forces at work here,” he elaborated. “First of all, the kind of large scale video and audio presentation equipment that ten or fifteen years ago would have been found only in a state-of-the-art, multi-million dollar stadium can now be had for about one tenth the cost or even less. You take a million dollar piece of equipment and find a way to offer it for less than $100,000, and suddenly you’ve put that piece of equipment within the reach of a lot more customers.”
“The second force,” he continued, “is a consequence of that gap being closed between the cost of a straightforward scoreboard package and the cost of a truly remarkable audio/video/scoring system. As the gap becomes smaller, more of our customers have felt the pull to make that leap up to the next level. As a result, their overall investment can increase significantly.”
This pattern of falling component costs and rising package cost and complexity has led Electro-Mech to seek alternate financial arrangements for their customers. The partnership with ACI Financial seemed to be a natural fit for both companies.
Kimberly Morgan of ACI Financial explains, “We’ve actually had some experience designing leasing agreements for scoreboards prior to working with Electro-Mech. Many of our clients are schools and other organizations who are also typical scoreboard customers. And, of course, both companies are based here in Georgia. We seem to be a perfect match.”
Services offered include 100% financing, flexible leasing terms, $1 buyout plans, and more. The two companies are currently offering a special $99 per month lease plan that is available through the www.electro-mech.com web site.
ACI Financial is a full service leasing company with offices in Alpharetta, Georgia in business since 1979. Electro-Mech Scoreboards Company has manufactured scoreboards for all sports since 1963.