FungoMan® and Ervin Leasing Team Up to Provide a Smart Way for Coaches and Teams to Lease the FM-150 Automated Baseball Practice Machine.
SHREVEPORT, LOUISIANA – April 25, 2007 – FungoMan, LLC (https://fungoman.com) and Ervin Leasing (http://www.ervinleasing.com) have teamed up to introduce common sense leasing and financing programs for the FungoMan FM-150 machine, giving the customer the flexibility to upgrade, add on, or trade in old equipment.
Thousands of college, high school and youth league baseball and softball teams will discover the financially smart way to provide for their players and leagues by financing the FungoMan FM-150 instead of buying – and without straining their annual operating budgets by purchasing equipment.
According to the U.S. Small Business Administration, eight out of 10 American companies lease all or some of their equipment. “Opting to lease equipment can include the cost for equipment maintenance, installation and equipment training,” states Romy Cucjen, President of FungoMan, LLC. “Some leasing companies also provide programs that allow you to return, buy, or even upgrade your equipment at the end of your lease,” Cucjen added.
In some cases, there are tax breaks for leasing, allowing a dollar-for-dollar write-off on leasing payments, assuring a higher profitability when compared to owning equipment. When equipment is devalued because of new technology or with wear and tear, a loan borrower bears all the risk. Since a lessee has no obligation to own equipment at the end of a lease, all risk of obsolescence is transferred to the lessor.
Lease instead of buy, attain funding for the lease.
“Using the FungoMan/Ervin Leasing program, colleges, high schools, youth leagues, sponsors and many other organizations can apply, and within minutes be approved with Ervin’s exclusive system that allows qualified groups to apply for a financing solution that can be targeted to fit each circumstance,” said Cindy Miner, Ervin Senior Account Executive.
“FungoMan’s capability to provide the magic of technology to baseball and softball teams depends on the industry keeping its options open when it comes to equipment. Leasing or financing is a win-win decision,” said Miner. “We’re impressed with FungoMan’s corporate values, and excited about the program. Ervin Leasing offers financing alternatives so that every team or league has the opportunity to obtain the FM-150.
The driving force at FungoMan is meticulous attention to product innovation based on modern coaching needs.
FungoMan, LLC provides automated technology coaching solutions to control the motion and speed of the throwing head. A revolutionary ball-feeding system ensures consistently placed baseballs that can fire every three seconds with speeds over 100 mph.
Zero-defect manufacturing processes at FungoMan, LLC demand intensive employee training and comprehensive product testing procedures, rigorous rating standards, and an overall commitment to quality. These corporate values have built a reputation for exceptionally flexible, effective and innovative products for coaches and players as well. The company’s Automated Baseball Practice Machine is a suite of high-performance, highly reliable, interoperable software components and hardware designed for applications to aid coaches to run “game-like” practices while remaining on the field with each player.
Romy Cucjen, president of the Shreveport, LA-based company, is a former professional baseball player and high school baseball coach. He and co-inventor, former professional football player, Denny Duron, envisioned what a baseball practice machine “should do” in May of 2002.
Since May of 2004, with the start of a new prototype built with 3D engineering and modeling software from the ground up, investors have fueled the development of this technology, which will benefit multiple sports applications.
Company headquarters are in Shreveport, Louisiana.
NOTE TO EDITORS: Press interested in additional information can visit the FungoMan Web site to view sales videos of the machine or download literature at https://fungoman.com.
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