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Web Site Leasing
The Problem of Web Site Development: Capital Crunch
In the early years of the Internet, payment
options for developing a website were limited - extremely limited: cash
on delivery. Website development companies have little or no expertise
in commercial lending and commercial banks have been slow to recognize
financing possibilities of the Internet...so, cash has been king. In more
recent months, as website developers and their supporting industries have
attained greater expertise, they have made the Internet work like never
before. The problem is, the price of admission has gone up - way up.
Back in 1996, a company might have spent $5k-10k for a top-of-the-line website. Today, that kind of money won’t even get you a meeting with most prime website development companies. A company looking for a good basic website is now looking at mid five figures just to get off the ground. Add e-commerce or powerful graphic/database functionality and you’re looking at six figures easy.
In a few short years, the capital outlay necessary for a strong Internet presence has grown beyond what most companies can reasonably handle. Many chunk in entire advertising and marketing budgets, only to find that they have nothing left with which to promote their fantastic new online initiatives. Others try to get in cheap by having the CEO’s nephew create a website only to find formerly unknown competitors stealing business away with "real" websites.
So what’s a want-to-be Internet player to do? Without some fairly large capital, there aren’t many options. Banks and other lenders have been reluctant to enter the world of website financing for two reasons. 1) The risk of the unknown in the new e-business environment (lenders hate risk). 2) Being unsure of how to assign a value something as ethereal as a website.
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Web-Lease Process |
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1. Complete the on-line credit application with all pertinent information. Commercial Lease Solutions will contact you within 24hrs with your approval. |
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2. Important for the success of your web-presence is the selection of an established web design team. We prefer them to have a minimum of two years in business, a development staff of 5 or more, and live examples of their work. This requirement helps ensure your future success online. (Check our referral list of Approved Vendors). |
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3. Following the completion of your web-design, payment is made in full to the developer, and you are online! Payments will begin based on a pre-selected date. In addition, CLS can easily arrange upgrades to be made to the lease, as change becomes necessary. |
The CLS Solution: A New Lease On Life
But, at CLS we had a vision. Having worked in and around website development firms for years, we understood the frustration of companies who wanted to create a strong presence on the Internet but lacked the ready capital to do so. Further, we understood that many businesses would likely undertake larger, more profitable websites if they had a way to ease the sticker shock of site development. Our experience had shown us a clear need, so we began to search for a financing solution for website development.
Our search leads us to the world of commercial leasing. Commercial leasing companies were the first to offer computer leases, which allowed companies large and small to computerize their operations without a huge capital outlay. In addition, they had developed leasing solutions that took into account the rapid obsolescence and depreciation of computer technology. Once we saw the analogy between companies seeking financing for computers and companies seeking financing for website development, we created MrLease.com.
In less than 1 year we have attracted 10 different lending sources and 15 approved website development companies. We are currently offering leasing solutions for website development projects ranging from five thousand dollars to more than one hundred thousand dollars. Now, with over 3 million dollars a week available in leasing capacity, we believe website leasing will fuel a second stage Internet explosion.
To apply for a website lease right now <click here>.
Commercial Lease Solutions is also a stable of 15 approved vendors representing some of the best web site development firms in the country. These are development firms who have met Commercial Lease Solution’s rigorous approval standards and who understand how leasing can help you achieve your goals on the Internet.
Our approved development companies have an advantage that other website development firms do not -- a financing option. How often could lost development deals have been closed if the client had a way to reduce his initial capital outlay and expand the scope of his project at the same time? Leasing is the exact solution that cash strapped website development clients are looking for. Why not add this important new tool to your development firm’s tool kit. To become an approved CLS developer click here . There is no cost to you, only our desire to learn about those development teams to whom we refer clients. We feel this is a crucial part of our client’s future.
Our goal is to bring the leasing option to website projects with great prospects for success. Our cumulative backgrounds in Web Site development and commercial leasing gives us a powerful vantage point from which to guide companies into solid e-business strategies.
Please feel free Contact us with questions.
