TrackingPoint  announced  it’s new Financing Program for all its Precision-Guided Firearms. Qualifying customers now have the option to put down a 10% deposit on their purchases, and finance the rest over 24, 36 or 48-month payment plans.
The actual interest rate (Annual Percentage Rate) individuals will be charged is dependent on their FICO credit score and other underwriting criteria. Rates will range from 9.99% APR to 12.99% APR that is fixed for the term of the contract. Loans must be for a minimum of $750 or higher, and individuals will have the option to pay off the contract in full at any time, without penalty.
“We believe that our financing program now allows anyone to afford a TrackingPoint Precision-Guided Firearm,” said John McHale, TrackingPoint CEO. “With this new financing program, customers can enjoy their TrackingPoint gun and spread out payments that better fit within their budgets.”
Current TrackingPoint rifles consist of three semi-automatic Precision-Guided Firearms – the .300 Blackout, M600 Squad Level 5.56 and M800 Squad Level 7.62; and one bolt-action Precision-Guided Rifle – the .338 Lapua Magnum. The rifles range in price from $7,995 to $27,500.
Interested parties can visit the financing section of TrackingPoint’s website and fill out an application form to determine if they qualify for financing. Once the form is filled out and submitted, individuals will receive the initial credit decision within 60 seconds, and if pre-approved, will receive a notification explaining the credit limit for which they qualify and the specific terms of their contract.
To learn more, visit www.tracking-point.com/financing