Play with a Purpose® playground financing is a financing arrangement with a third party lease company that allows you to place an order for playground equipment and installation and make monthly payments for the purchase after shipment.
Playground Financing Application
To apply, download a PDF of the Play with a Purpose® Financing Application. Fill out the application, including a valid signature, and fax or mail to:
Play with a Purpose®
2525 Lemond St. SW
Owatonna, MN 55060
Play with a Purpose® will facilitate financing with for-profit and non-profit entities, child care center, churches, Head Start programs, municipalities, schools, parks and recreation programs, local and state government entities, YMCAs, and Boys and Girls Clubs. You must provide proof of insurance with your order to secure financing.
Our playground-financing program provides financing for costs associated with the purchase of playground equipment, surfacing and installation as found in the playground section of the current Play with a Purpose® catalog and website. (Some exceptions apply. Call for details.) Equipment must be at least 70% of the total amount of order.
Step 1: Complete the Financing Application found here. Ensure that the application is signed.
Step 2: Select the products you would like to request a quote for or order.
Step 3: Fax or mail both the Financing Application and your Request for Quote or Order to Play with a Purpose® at 1-888-331-5860.
Step 4: Play with a Purpose® will notify you that your application has been received and is being processed. Financing decisions are usually made within 48 hours from the time of receipt at Play with a Purpose®.
Step 5: Upon approval, a Play with a Purpose® representative will contact you to finalize the agreement. Once the agreement is signed and returned, your order will be processed immediately.
A security deposit in the amount of two months' payment is generally needed. This differs from a down payment in that the amount is typically much less. This deposit can be applied to the purchase price of the equipment at the end of the term or returned if there are not other payments due.
The monthly payment is based upon the term of the agreement and cost of the equipment, freight and/or installation. The initial term of the agreement runs from 24 to 60 months.
Sales tax and personal property tax can be included in the financing agreement.
At the end of the term, the playground equipment is simply purchased for $1.00.
Yes, there is an origination fee: $150 for $4,500 to $14,999, $200 for $15,000 and up.
Credit worthiness will be determined based on length of time in business (minimum of 2 years required unless a cross-corporate guarantee is in place), financial condition, references from financial institutions and D&B and other credit bureau ratings.
The customer is responsible for having the playground installed and may choose to include the installation cost in the agreement. The customer is responsible for maintenance and receives all benefits of all 'buyer' warranties.
Deferred, seasonal and skipped payment plans can be arranged in order to meet specific cash flow requirements. Call for details.
Available on request. Call for details: 1-888-330-1826
If you are not satisfied with any Play with a Purpose® purchase for any reason at any time, contact us and we will replace the product, credit your account or refund your purchase price. No hassles. No restocking fees. No kidding!