Financing is critical for your out of home business. In February we ran articles about Formetco’s Digital Billboard Financing Program and Formetco Financing to Replace Aging Billboards. Today we talk with Tony Hull about Yesco’s financing programs. Lender: YESCO Financial Solutions Contact: Tony Hull Email: thull@yesco.com Phone: 801-464-6482 […]
Tag: financing
Outfront Prices $650 Million in Senior Debt
Outfront announced that two of their wholly-owned subsidiaries priced a private offering of $650,000,000 in aggregate principal amount of 5.000% Senior Notes due 2027. Outfront intends to use the net proceeds from the notes offering, together with cash on hand, to redeem all of its outstanding $550 million 5.250% […]
Tax Laws Can Effect Billboard Financing Costs or Why You Should Never Finance an Alabama Billboard With A Lease
You should never finance an Alabama billboard with a lease instead of a loan. The State of Alabama has a punitive rental tax which applies to leases and rentals. Here’s the Alabama tax law: 810-6-5-.09 Leasing and Rental of Tangible Personal Property. (1) The term “rental tax” as used in […]