Chief Operating Officer
Every business wants to have a competitive lease rate. Factors that affect your lease rate include:
- Credit quality
- Size of the transaction
- Asset quality, category, and remarket ability
- How long the business has been established
- Financial health of the business
Some equipment leasing firms have different asset preferences, some prefer small leases, some only do multi-million dollar leases, with their own funding and capital structures which dictate pricing and terms. We tell clients, as a general rule, they should expect the best pricing when they are established businesses, are profitable, and have positive cash flows with clean balance sheets and income statements.
Speak to a trusted and experienced lease financing advisor. One who will guide you through the leasing process; discuss different options that are available, the economic advantages you can hope to achieve, and how to do a true benefits assessment for lease financing.