This program was designed to provide the appropriate financing needed to enable Yamaha Piano Dealers to build a piano rental pool. Follow the related links to learn more about how this program can work for your store.
Yamaha provides table tent cards with a “Rent Me” message that you can place around the store. We also supply digital artwork for you to make in-store signs to attract customers. In addition, Yamaha offers special BGE terms to make it easy for you to take advantage of this opportunity.
The Yamaha Rent-to-Rent program is designed to assist Yamaha Piano Dealers in purchasing pianos to be used for rental. Many customers will only rent a piano, either because of a temporary need or because they are cautious about making a purchase decision. The rental business provides numerous benefits to piano retailers, and building a rental pool to service these customers can help you in many ways:
Can this financing be paid off early without penalty?
Yes; a pay down or payment in full will reduce interest costs, and there is no early payment penalty.
Who makes the payments if the piano is not out on rent?
In the event that the piano is returned, the dealer is responsible to make the payments until the piano is out on rent again.
I am not a flooring dealer, but can I still use this program without stocking pianos for rent?
If you have a customer who wants to rent, just have them choose the Yamaha piano they would like to rent and order it under the B90 term.
Is there a limit to the number of pianos I can put on this program?
No; this program is designed to let you grow this pool as your business dictates while enjoying positive cash flow.
Does BGE approve the customers?
No; the dealer makes all credit decisions for rental consumers or businesses.
Are the rentals limited to consumers?
No; businesses such as worship centers, restaurants, senior living centers, etc., are eligible as well.
Could I have a piano just for short-term rental under this program?
Yes; dealers find that a quality piano that is available for single nights or short-term rentals can work in certain markets.
A Line of Credit to be used exclusively for rental pianos will be provided by BGE Financial in addition to your existing Yamaha Flooring. This will be a pre-approved Credit Line available for your future or existing inventory and it doesn’t impact your existing open-to-buy.
Minimum Order: $0
Qualifying Models: Any Yamaha acoustic piano, Disklavier, AvantGrand or Clavinova.
Rate: Prime + 6% to BGE Financial.
BGE Term: Rented pianos financed by BGE Financial Corporation for up to 60 months.
Credit will be extended under the B90 term for any pianos that are designated for rental.
Minimum Order: $2,000