CFG in leasing partnership with iSIGN

iSIGN Media Solutions, a leading provider of interactive mobile proximity advertising solutions has signed an agreement with Commercial Funding Group (CFG) to act as iSIGN’s exclusive leasing agent for the US, Canada and Australia to facilitate and serve an expected increased demand for the firm’s smart antennas.

The company says the ability to offer a leasing component provides an alternate payment solution for its resellers and clients, who now have a choice between purchasing and paying for hardware outright prior to shipment or electing to amortize the hardware cost over a set period of time of up to five years.

“We had discussions with several leasing companies prior to closing CFG,” stated Alex Romanov, iSIGN’s CEO. “We chose CFG as they have a better understanding of our product and marketplace than the other companies we spoke with and have the ability to handle leases in the US, Canada and Australia.”

“We anticipate that the leasing alternative will prove to be very attractive to both our resellers and their clients,” added Romanov. “As CFG has stated that their forwarding of funds will be within two business days there will be no impact upon either our cash flow or that of our resellers.”