Action Target’s new capital program gives customers flexible shooting range financing

Jan. 17, 2013 - PRLog -- Contact:

Laren Helms

Action Target

(801) 377-8033

lhelms@actiontarget.com

Action Target’s new capital program gives customers flexible shooting range financing

Financing now offered to commercial and municipal ranges through the Action Target Capital program

PROVO, Utah – Dec. 1, 2012 – Action Target, the world leader in shooting range equipment design and manufacturing, announced today the launch of its new equipment financing program, Action Target Capital. This new program provides several financial options for purchasing Action Target equipment and is available immediately to any qualified law enforcement, municipal or commercial customer.

         “We’re pleased to offer this new financing option to our customers, and we think it will make a big difference in the development and quality of their shooting ranges,” said Tom Wright, Action Target president and CEO. “Customers can now receive immediate financing to install the superior equipment they need to run a safe and effective range.”

         Action Target has worked in conjunction with Spyglass Capital, an equipment and vendor finance company, to make this program a reality for shooting range owners and managers in need of extra financial assistance or flexibility.

         “A shooting range is no different than an office building, a jet aircraft or any other large equipment purchase,” said Mark Cusick, president of Spyglass Capital. “Teaming with Action Target to extend customer financing creates tremendous new opportunities to improve firearms training and qualification levels anywhere there is a need.”

Action Target Capital will provide:

·         A broad credit spectrum of lending consultation and assistance to enable qualified Action Target customers to acquire the latest in technology and equipment

·         Access to financial options such as SBA loans, commercial loans and leases

·         Financing that can be used to purchase land and improvements including existing buildings, grading, street improvements, utilities, parking lots and landscaping; construction of new facilities or modernizing, renovating or converting exiting facilities; and purchasing long-term machinery and equipment

Details and application information are available now at www.ActionTarget.com/Capital or by contacting an Action Target representative at (888) 377-8033.

About Action Target Inc.

Action Target is a global leader in shooting range development and manufacturing for law enforcement, military and commercial customers. The company is privately owned and headquartered in Provo, Utah. With more than 4,000 products and 40 patents for the systems it designs and manufactures, Action Target has installed thousands of shooting ranges across the United States and in 25 other countries around the world. Throughout its history, Action Target has delivered a steady stream of shooting range breakthroughs and system designs and has conducted high-impact firearms training for law enforcement and various military organizations. For more information on Action Target, visit www.ActionTarget.com.

About Spyglass Capital

Spyglass Capital is an independent, nationwide equipment finance company that offers flexible structures with vast lending capabilities. Spyglass teams are leading specialists in equipment and vendor finance. To learn more about Spyglass Capital and its financial services, please visit www.SpyglassCapital.com.

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Action Target, Inc. 3411 S. Mountain Vista Pkwy, Provo, Utah 84606 USA

Contact: Laren Helms (801) 377-8033 Office / (801) 377-8096 Fax / lhelms@actiontarget.com