Silicon Valley-based LED lighting manufacturer, Lunera Lighting has introduced a new program called Lunera Capital Plus (LCP), which provides financing programs to hasten the gain on investment for upgrading LED lighting systems by removing or decreasing a Lunera lighting system’s direct cost.
LCP frees up the building owners’ capital funds, which could be utilized for other tenant upgrading works. It offers enhanced facility value and first year savings to the building owners.
Lunera Lighting now offers Lunera Capital Lease, its first financing program through LCP. This program funds the purchase of Lunera products and the total cost of deployment. A typical Lunera Capital Lease with fixed monthly payments extends for five years and the lessee will become the owner of the equipment at the end of the term at the lowest capital cost. This differentiates the program from other kinds of leases that may include an end-of-term fair-market-value purchase choice.
The lessee will get all types of tax advantages related to the procurement of the equipment and repayment of the lease before schedule. The program is available for both the building owners and occupants.
The Chief Executive Officer at Luneras Lunera Lighting, Karen Owyeung stated that the LCP financing programs allow building owners and tenants to carry on their LED lighting upgrading plans and reduce operating expenses. Investing in the long operating life of energy-saving LED lighting, while enhancing the value of the building is a smart business option, he added.