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Home > Friends of Cumulus Soaring, Inc. ClubFriends of Cumulus Soaring, Inc. ClubUpdate | Overview | Quotes from Members | Map | Benefits Update This program has been in place long enough for many of the "Friends of Cumulus Soaring, Inc." to have their 3-year period come to completion. The great news is that most of them have been extremely happy with the program - so much so that most of them are extending their involvement in the program. At least one person is upgrading his membership to a higher loan amount. Another is taking the interest due as company credit to be applied to future orders. This shows that they feel that the program is a "win-win" deal. They seem to love the discounts, free shipping, interest, and free phone support. Several commented that the interest rate is better than they would get in the bond market.
Overview Fortunately, Cumulus Soaring, Inc. has been growing nicely over the last 10 years. I love my job and enjoy supporting soaring pilots. However, high interest rate bank loans are making it tough to make a good living. As you can probably tell from the many product comparisons, my newsletters, my soaring-links.com and soaring-classifieds.com web sites, and other value added resources on my web site - I am working hard to support the soaring community. If you feel my company and services are valuable, please consider helping out. The plan is simple. To join the "Friends of Cumulus Soaring, Inc." club, you send me a check as a loan for either $1,000, $2,000 or $4000 (see benefits comparison table below). I pay back the loan to you with interest in 3 years. During those 3 years, you receive free phone support, significant discounts, and free shipping (depending on the level of membership). This is definitely a win-win deal. For a complete overview of the benefits, please see the Benefits section below. Perhaps the best benefit is that you will know that you are helping to support my company and my family. And by helping me, you help me support the world soaring community. The loans will allow
me to pay down my bank debt.
You have my personal guarantee that the loan will be
paid back. Please seriously consider lending your support. My family and I would greatly appreciate it. Please send your check to the address below. Certainly, many of you have already shown your support by buying from me as much as possible. That is appreciated very much! I am extremely thankful to those of you who have already contributed! If you have already contributed, please tell your friends about the program. As you can see from the quotes and map below, some of your soaring friends are strong supporters of the program and my business. Thank you, Paul Remde
Map of Members of Cumulus Soaring, Inc. As you can see in the map below, I have been blessed with contributors to the Friends of Cumulus Soaring, Inc. club from all over the U.S. and even Australia! I am very appreciative of their wonderful support!
Benefits
* Discounts apply only to orders paid by check. But the discounts apply to ALL products sold by Cumulus Soaring, Inc. I have no problem with you ordering a batch of instruments or other items for you and your friends at the full discount - as long you you pay with a single check. ** Free shipping will be done using the lowest cost option available - such as UPS Ground. Shipment within the USA only. If you require expedited shipping or shipping outside the USA you will need to pay the difference between standard shipping and the desired shipping. *** The interest rate is 6.266%, compounded annually and paid at the end of loan. At the end of the 3 year loan I will send you a check for the amount of the loan plus the interest earned. Or you have the option to renew the loan for another 3 years. In that case I will pay you the interest only. **** It is difficult to estimate the total benefit since it depends on the amount you order and therefore the amount of the discount and the shipping. I have assumed that you will spend $5000 with my company over the 3 years. If you opt for the $1000 loan and spend $5000 your savings from the discount of 4% would be $200. If you opt for the $2000 loan and you spend $5000 your savings from the discount of 8% would be $400. If you opt for the $4000 loan and you spend $5000 your savings from the discount of 10% would be $400. The $200 and $400 savings numbers were used in the calculation of the Estimated Total Benefit. Some will spend more (and save more), some will spend less (and save less). This is not a promised benefit, just an estimated benefit. You are not required to spend any particular amount of money. Also, the Estimated Total Benefit assumes that you use all the free training hours. The estimated shipping savings is $100 for the $1000 loan, $200 for the $2000 loan, and $400 for the $4000 loan. Clearly, the more you plan to spend, the more the $2000 for $4000 loan options make sense, because of the higher discount and larger saving with free shipping. Note: The Estimated Total Benefit does not include the payback of the loan. For example, if you loaned me the $2000, you would get the Estimated Total Benefit of $1800 plus the return of the $2000 from the loan. |
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