Burden Carriers Lease
A Fortune 1000 client needed some new carrier trucks for their plants in different locations and used the Global Lease Marketplace to get a competitive lease price and helped the client achieve a great outcome. The RFP process was a success with multiple bids, resulting in a 16% savings at the end of the day.
60 months
Operating lease
$165,902
Amount financed
16.24%
Savings
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The results
|
Transaction:
|
Burden carriers
|
|---|---|
|
Amount financed:
|
$165,902
|
|
Term/structure:
|
60 months operating lease
|
|
Proposals:
|
7
|
|---|---|
|
Savings:
|
16.24%
|
|
Savings (in USD):
|
$29,406 over the intial term
|
|
Transaction:
|
Burden carriers
|
|---|---|
|
Amount financed:
|
$165,902
|
|
Term/structure:
|
60 months operating lease
|
|
Proposals:
|
7
|
|
Savings:
|
16.24%
|
|
Savings (in USD):
|
$29,406 over the initial term
|
Equipment lease sourcing
Looking for better financing terms on a big-ticket item like a lease for Burden Carriers? We will match you to several of the 500 financial institutions on our Global Lessor Network based upon your credit rating as well as the location and type of equipment to be financed. Then we will distribute your RFP to those lessors in a competitive bidding process.
By putting your leases out to bid in a competitive marketplace you can reduce your costs by 6-8%. Those savings add up quickly for large companies with leasing portfolios in excess of $100M.