Sprout Tiny Homes and Equipment Leasing Partner to Provide Commercial Tiny Home Financing
May 16, 2017 12:34 ET
Sprout Tiny Homes and Equipment Leasing Partner to Provide
Commercial Tiny Home Financing
LA JUNTA, CO--(NewMediaWire - May 16, 2017) - To meet the
growing demand of Sprout Tiny Homes' (OTC PINK: STHI) commercial tiny homes and office
pods, Equipment Leasing Services has allocated $5 million of
lease financing credit with an additional $10 million reserve for
Sprout manufactured tiny homes. The Equipment Leasing program
will enable developers, hotel and resort owners to finance Sprout's
full line of commercial tiny homes and retail pods with flexible
terms.
The financing that Equipment Leasing Services has created for
Sprout Tiny Homes offers developers and commercial resort owners a
monthly lease rate to maximize cash flow while reducing the upfront
capital expenditure of expanding their business models. "We
are proud that Equipment Leasing has approved our collateral for
commercial financing and look forward to providing our commercial
clients with ELS's financing options," said Rod Stambaugh,
President of Sprout Tiny Homes.
Equipment Leasing Services LLC differentiates itself from the
crowd of equipment financing and leasing companies by providing
individualized service to each client and effectively understands
their needs, goals, and individual situations. The company offers
several financing options as well as convenient, customized service
and an efficient experience. By maintaining relationships with a
variety of capital sources of funding and a variety of individual
and institutional equity investors, ELS is able to offer a wide
range of financing alternatives not always available from a single
bank or finance company.
ABOUT SPROUT TINY HOMES
Sprout Tiny Homes is a leading designer and manufacturer of high
quality, commercial-grade tiny homes featuring chemical free
interiors. Sprout homes, office and retail pods are built with
Structural Insulated Panels (SIPs) making them stronger, and
greener than traditional stick built tiny homes. They employ
the latest HVAC and ERV technology making our homes comfortable in
the most extreme environments. Sprout builds homes on wheels,
homes on foundations and converted shipping container
homes. Sprout homes on wheels are built to the ANSI 119.5
standard and homes on foundations are built to IRC
code. Sprout is recognized as the premier commercial-grade
builder and our homes have been the featured homes in the world's
first tiny home hotel (weecasa.com) and deployed as a modern employee
housing solution for Aspen Skiing Company.
For more information call 719-247-6195 or visit: http://sprouttinyhomes.com
Certain statements contained herein are "forward-looking
statements" (as defined in the Private Securities Litigation Reform
Act of 1995). Sprout Tiny Homes Inc. cautions that statements, and
assumptions made in this news release constitute forward-looking
statements and makes no guarantee of future performance.
Forward-looking statements are based on estimates and opinions of
management at the time statements are made. These statements may
address issues that involve significant risks, uncertainties,
estimates made by management. Actual results could differ
materially from current projections or implied results. Sprout Tiny
Homes, Inc. undertakes no obligation to revise these statements
following the date of this news release.
Sprout Tiny Homes (PK) (USOTC:STHI)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Sprout Tiny Homes (PK) (USOTC:STHI)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024
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