Get The Most Out of Rentar Fuel Catalyst’s International Financing
Rentar Fuel Catalyst International Financing: Rentar’s First-Year Guarantee
Every Rentar Fuel Catalyst is guaranteed to pay for itself within the first year. Whether the Rentar diesel fuel-saving device saves 5% or 25% in annual fuel costs, the fuel savings are guaranteed to offset the price of the catalyst within 12 months of the purchase of a Rentar Fuel Catalyst. Some Rentar customers have reported the catalyst paying for itself in as little as three months.
The fuel savings alone make the Rentar fuel catalyst arguably the world’s best diesel fuel catalyst, but there are other advantages to Rentar’s guarantee as well.
For one, the short period of time required for the Rentar heavy equipment diesel fuel catalyst to pay for itself has led to Rentar gaining the confidence of both domestic and international financial institutions.
Because of the cost/savings ratio of the Rentar industrial fuel catalyst, lending institutions are confidently providing qualified Rentar customers with medium-term loans of up to $10,000,000.
Rentar’s Partnership with the EX-IM Bank and the Florida Export Finance Corporation
Rentar has secured a partnership with an international trade finance lender, Export-Import Bank of the United States (EX-IM Bank), as well as a partnership with the Florida Export Finance Corporation. These relationships allow Rentar to provide financing to international customers.
EX-IM Bank provides approved international Rentar customers with medium-term loans. Foreign buyers of the Rentar Fuel Catalyst can secure a loan for a period ranging from 2 to 18 years, and EX-IM Bank provides these loans for qualified foreign buyers at very competitive interest rates.
EX-IM Bank loans foreign buyers of the Rentar Fuel Catalyst amounts ranging from $300,000 to $10,000,000, though in some situations, both lower and higher amounts can be secured.
Amortization over the Term of the Loan
Loans are amortized over the term of the loan in equal, in arrears payments at the end of each 6-month period. The negotiated rate on the unpaid balance is added to this amount. Floating- or fixed-interest rates are available.
Loans are made for 85% of the invoice, and 15% of product invoice initial payment is government required. A Letter of Intent is issued to qualified foreign buyers within 24-48 hours of the submission of Audited Financial Statements from the previous 3 years.
Benefits of Rentar’s Finance Program beyond Low-Interest Rates
There are three principal benefits to Rentar’s international financing program.
1) No Collateral Required
Rentar customers who are qualified for a loan — a status determined by EX-IM Bank’s auditing system — may take out an uncollateralized loan.
Approved clients are not asked to provide collateral in order to secure financing to purchase Rentar’s heavy equipment diesel fuel catalyst.
2) Multiple Shipments Permitted
Rentar customers are not required to accept all Rentar Fuel Catalysts at once. Customers who use Rentar’s financing program can stagger the shipments.
3) First Payment after First Year
Theoretically, customers who use Rentar’s financing program will not see an increase in accounting debits. As the first Rentar payment is not due for a year and the Rentar Fuel Catalyst is guaranteed to pay for itself within one year, accounting debit sums will not increase as a result of purchasing a catalyst.
In other words, money that would have otherwise been lost to fuel costs in the first year goes to paying off the Rentar Fuel Catalyst.
Rentar Fuel Catalyst Guarantee in Combination with Financing
Rentar’s guarantee is appealing because it proves the confidence the company has in its pre-combustion fuel catalysts. The financing program shows that Rentar is a trusted company among respectable international and domestic finance companies and that the Rentar heavy equipment diesel fuel catalyst is arguably the world’s best diesel fuel catalyst.