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The Time and Bales Program is a powerful financial tool that allows YOU, the cotton ginner, to make one payment each year based on the bales YOU gin that year. YOU are not locked into a pay forever situation to enjoy money-making tools for your gin. YOU own the equipment when you finish paying the number of bales that YOU have chosen for the bale base. YOU can choose to pay additional bales ahead of time in good years to save interest. Bottom line, the Time and Bales tool puts YOU in control! Reset Calculator Show Amortization Table Remember that the balance must be paid in full at the fifth payment date if bale base is not met. The TAB financing does not cover installation, piping, structural steel, fans, or any other third-party items required. The APR on the TAB financing is as low as %. The loan term is 4 1/2 years. Collateral for this loan consists of the equipment supplied. Lien holder is Samuel Jackson, Inc. |
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