"The Cotton Moisture People"   		Time and Bales Calculator

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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!

Total Order Amount $  Update
Required Deposit $deposit  As little as % required!
Amount Financed $financed  
Projected Annual Average Production (Bales/Year)       Update
5-Year Bale Base BPY*5  Bales
Your Bale Base Rate Financed/BPY  / Bale

The per bale fee to get powerful tools working for you start at $0.12 /Bale!

Each year, the bale fee increases, so the goal is to enjoy the flexibility of the program, but pay bales as early as possible to pay the lowest possible bale fee, saving interest.

Year   Due Date   Bale Fee    Bales Paid  Bales Remaining  Principal Paid  Interest Paid  Total Payment
1 dueyear1 balefee1 remaining1  P1 i1 $tot1
2 dueyear2 balefee2 remaining2  p2 i2 $tot2
3 dueyear3 balefee3 remaining3  p3 i3 $tot3
4 dueyear4 balefee4 remaining4  p4 i4 $tot4
5 dueyear5 balefee5 0 p5 i5 $tot5
6 No more payments, you own the equipment!
Bale Base Not Met/Exceeded Update Totals Total pt it $tottot

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.

 
Samuel Jackson, Inc.
P.O. Box 16587, Lubbock, TX  79490
3900 Upland Avenue, Lubbock, TX  79407		 tel: +1 806-795-5218 or 1-800-862-9966
fax: +1 806-795-8240    email us		 Get Adobe Acrobat Reader 5.0
Copyright 2000-2002, Samuel Jackson, Inc.  All rights reserved.