ForeverLawn Partners with North Star Leasing to Offer Commercial Financing

Share Article

ForeverLawn and North Star Leasing Company have partnered to provide financing to business customers who install synthetic turf. The unique financing option offers business owners several benefits that aren't available with traditional loans or lines of credit.

K9Grass play area at Many Paws Kennels

Many Paws Kennels after installing K9Grass by ForeverLawn, financing by North Star Leasing

If we hadn't received the financing from North Star Leasing, I wouldn't have been able to do the project...We had 1400 square feet of grass installed, and it's been wonderful. The dogs stay clean, the grass is attractive, and our customers really like it.

ForeverLawn, the leader in artificial grass, has formed a partnership with North Star Leasing Company to offer financing to its commercial customers. Businesses who install ForeverLawn synthetic turf can now apply for financing through North Star Leasing Company, which will provide funds to complete the project as well as other benefits.

The program available to ForeverLawn business customers is a unique financing option that offers longer payment terms than most standard business loans, and conserves credit lines for other uses. Since the financing is structured as a lease, rapid depreciation write-off is permitted for tax purposes, and the expense is not considered a liability on a company’s financial statement. The program does not impose a penalty for early payment, and allows a business to proceed with their artificial turf project even when the availability of capital funds is low.

Carla Carpenter obtained financing through North Star Leasing Company for a recent renovation to her Hillsboro, Ore. pet facility Many Paws. The dog boarding and social club strives to create a fun environment where dogs can get exercise, love, and attention. The renovation featured an upgraded play yard that included K9Grass by ForeverLawn. “If we hadn't received the financing from North Star Leasing, I wouldn't have been able to do the project, even with credit cards or a bank loan since the economy had changed,” said Carpenter. “Our dog play yard was previously surfaced with dirt and cedar shavings, and it was horrible. We had approximately 1400 square feet of grass installed, and it has been wonderful. The dogs stay clean, the grass is attractive, and our customers really like it.” Visit manypawskennels.com for more information on Many Paws.

When Downtown Hound in Boise, Idaho installed K9Grass by ForeverLawn as part of their pet facility renovation, they enjoyed the simplicity of the application process, and the tax benefits that North Star Leasing financing offers. “We installed fencing, a swimming pool, K9Grass, and kennels,” said Mandie Stuhan, owner of Downtown Hound. “The leasing option has an advantage on the tax side of things that is fantastic as opposed to credit cards. You’re not borrowing from the banks, and it was a super easy application process. Our goal at Downtown Hound is to offer our customers an unmatched level of care, comfort, and safety for their pets. The renovation is an important step toward providing the best environment possible for the pets in our care.” Visit downtownhound.net for more information about Downtown Hound.

Dale Karmie, president of ForeverLawn, sees the partnership with North Star Leasing as a positive addition to the business and a valuable benefit to the company’s commercial customers. “We are pleased to be able to provide landscaping solutions to a wider commercial audience, thanks to the convenient financing program offered by North Star Leasing,” said Karmie. “Now more restaurants, hotels, daycares, apartment complexes, community centers, malls, office complexes, and other businesses can benefit from water savings, maintenance cost reductions, and natural-looking grass without using valuable working capital.”

For more information about the financing program, visit foreverlawn.com.

About ForeverLawn
ForeverLawn provides innovative synthetic grass products to create better landscapes worldwide. In areas where real grass is difficult to grow or maintain—due to high traffic or poor conditions—ForeverLawn offers a realistic alternative that is beautiful, functional, and durable. In addition to its landscape lines, ForeverLawn also offers specialty products including K9Grass, SportsGrass, Playground Grass, GolfGreens, and SplashGrass.
ForeverLawn—Grass without limits. http://www.foreverlawn.com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Donna Kent
Visit website