Help Spread THE SUN Around; Buy A COINBOX
Several weeks ago the SUN declared a campaign to raise money from the community for 30 additional coinbox vending units for distribution. Happy to report, we have already been delivered money for 13 boxes with prospects for another five in the works. The response has been very gratifying.
Coinboxes enable us to reach more people plus increase the SUN's income flow, which means we have more money for additional pages, staff and a better rounded newspaper.
Coinboxes pay for themselves in a few months thru increased sales. You can help us achieve the rest of our goal if you have a spare $100 in the bank. Loan it to us for one year, and get back $110 on your investment. We can negotiate terms to include monthly payment plans starting sooner for sums larger than $100.
Right now we have 15 of these handy machines on the streets. Every box was purchased with short-term loans from supporters. All those who've lent us money so far have been paid back in full, or are in the process of being repaid.
Most newspapers start out with a three or four year supply of capital to help weather losses and build up mass distribution. The SUN, however, was started with nothing more than several people's determination that an alternative media was needed in southeastern Michigan. The paper is doing better now than ever before, but we need investment capital to help better secure and expand our operation.
If you are able or willing to support the SUN by lending us money for one or more coinboxes, contact David Fenton or Dianne Ripley at 761-7148.