Financing solutions
Converting to LED lighting is an investment that offers a wide range of benefits to businesses and individuals alike. But at Lumega, we know that replacing a complete lighting system can be an expensive proposition. Although the payback period for LED lighting is typically very short, the size of the investment can be a deterrent for businesses large and small.
Get advice on LED lighting
At Lumega, we believe that everyone has the right to energy-efficient LED lighting of the highest quality. That's why we offer a range of financing solutions that can help you afford the right LED solution that benefits both the environment and your wallet in the long run.
Among other things, we offer financing solutions for large projects - from urban renewal projects to the construction of large hotels and alike. This is made possible through our collaboration with the state-owned and recognized credit union EIFO (Denmark's Export and Investment Fund).
We can finance up to €3 million, with simple financing and higher principal amounts for agreements with municipalities and professionals of a certain size.
With a financing setup from Lumega, you can often pay only what your new LED lighting provides in electricity savings. The financing becomes a zero solution for you, as the payment is offset by the electricity savings that come with a Lumega LED lighting system.
When the payback period is over and the LED lighting has paid for itself, you will be responsible for 100% of the savings in electricity consumption. These savings can be felt directly on your bottom line, giving you the opportunity to invest elsewhere in your business.
Below we have outlined the solutions that we make a point of offering to all our customers.
Investing in major projects
Lumega is approved by EIFO and through this, we offer flexible financing models that can be based on the electricity savings generated by your LED lighting solution. The energy savings, combined with an attractive financing model, provide a guaranteed cheaper solution than if you still have traditional light sources installed. This guarantee is only provided by Lumega's LED lighting, as energy consumption and maintenance are significantly lower than with other light sources.
It is a requirement that private as well as public organizations are not registered with Dun & Bradstreet. Prior to implementing any of the above financing solutions, the following documentation is required:
Bank guarantee from the organization's own bank, a copy of the organization's annual accounts from the last completed year, a copy of the current year's operating budget
Lighting leasing
If you want to replace your current lighting with LED lighting, Lumega offers a leasing model where you lease our lights.
As a leaser of Lumega's LED solutions, you avoid the upfront costs that include the actual purchase of the lamps and installation. However, you still get the many benefits associated with converting to LED lighting, including significant energy savings and improved light quality.
The energy savings from switching to LED lighting will in most cases be so great that you as a customer will be able to pay the monthly lease payment with your electricity savings. This means that a leasing agreement can be incredibly advantageous for you if you don't have the capital to replace your lighting, but still want to switch to LED lighting. The leasing solution can be combined with our Turnkey solution, where Lumega manages the entire lighting solution and provides all service.
Complete models
The turnkey solution can best be described as a total solution, which is a popular choice for companies that want LED lighting but do not have employees with expertise in the area. If you choose a Lumega turnkey solution, we'll meet with you to find out what type of lighting you need. Then we take over and take care of everything from lighting design to luminaire selection and professional installation. The turnkey solution also comes with a service agreement, which means that you are covered in the unlikely event of a technical failure.
The turnkey solution can be combined with our leasing model, so that the financing is also handled by Lumega. This combination means that we not only manage the luminaire selection and installation, but also the payment, which is matched with the savings that the LED system brings.
Finally, for larger projects we can offer an ESCO model where we use ECM (Energy Conservation Measure) modules. This ensures that live measurements can be made around the clock, and with ESCO 2.0 it is possible to guarantee even greater energy savings in combination with our ECM solutions.
Learn more about financing
If you are interested in learning more about Lumega and our financing, please fill out the contact form and our CEO Rune Søgaard Larsen will contact you.
