Raleigh, NC � October 24, 2001 � Allegiant, a
full service FF&E supplier to the lodging industry, is pleased to extend
a special lease offer to the lodging industry. Beginning November
1st, Allegiant will offer flexible lease terms including INTEREST ONLY
PAYMENTS for six months on all complete FF&E projects purchased and
leased through Allegiant. This special offer comes with the lowest
financing rates Allegiant has ever offered, and is based on a 60-month
term and approved credit.
| �This offer will be extended
to every qualified customer as long as the need exists,� commented George
Fleming, President and CEO, Telerent Leasing Corporation, parent company
of Allegiant. �We want to do our part to help the tourism industry
succeed, and this is just a small way to say �thank you� to our loyal customers.
We�ve been here with money when our customers needed it most, and we�ll
be here again for them.�
The terrible events of September 11th have left
a profound effect on every American, and have made a significant impact
on the tourism industry. Allegiant recognizes this fact, and as a
member of the family of companies within the tourism industry, Allegiant
is extending a helping hand to those adversely affected. Allegiant
hopes to play a positive role in the recovery of the tourism industry,
and by extending this offer to Allegiant�s most credit-worthy customers,
the company can help properties keep their doors open for business.
Often during economic downturns, the tourism industry
is the first to suffer. People will often forgo vacation plans to
save money, or business travelers will change their hotel of choice to
a less expensive option, or opt to not travel at all. As customers
travel less, hotels close or put off renovation and new construction plans
until |
Advantages of Financing
through Allegiant
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Our salespeople visit your property to consult with you on your needs and
options.
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Our financial documents are extremely confidential. We will never share
them with anyone.
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We offer flexible terms with a purchase option.
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You can finance almost any income - generating or cost-saving equipment.
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You can finance up to 100% of your furnishings, fixtures and equipment.
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Our financing team is fast and responsive.
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Our paperwork is simple and easy to understand. In most cases, it's easier
than closing a simple bank loan.
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There are tax advantages to financing.
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business picks up again. This �trickle-down�
affect can impact much more than just hotels. It can impact suppliers,
manufacturers, financial institutions, and small businesses who depend
on tourism to keep their doors open. It is reported that 10% of the
nation�s workforce is employed by the tourism industry, and the tourism
industry is the world�s largest employer. In this global marketplace,
the family of businesses within the tourism industry must work together
to recover.
�We want to take a proactive approach in light
of the recent economic downturn. We don�t want to see a single property
suffer because of the recent events,� noted Brent Lynch, Vice President
of Product Sales, Allegiant. �We will not let our customers down
during these difficult times. It is in everyone�s best interest to
forge ahead and work together so the entire industry can succeed.�
Allegiant,
a division of Telerent Leasing Corporation and headquartered in Raleigh,
NC, is a supplier to the lodging industry providing complete furnishings,
fixtures, and equipment (FF&E) packages for purchase or lease.
Allegiant has sales representatives and sales support personnel conveniently
located throughout the continental U.S. with showrooms in Raleigh, NC;
Jackson, GA; Memphis, TN; Orlando, FL; and Scottsdale, AZ. Telerent
Leasing Corporation is a wholly-owned subsidiary of ITOCHU International
Inc., the North American Subsidiary of Japan�s ITOCHU Corporation with
2000 revenues exceeding $114 billion. For more information, to locate
the nearest sales representative, or to visit one of Allegiant�s showrooms,
call toll free 1-888-632-5369. |