Demolition Equipment Lease
An Alloy Manufacturing Company needed a Brokk 160 for demolition and used the Equipment Lease Market to get a competitive market based lease price. The client decided to go with the runner up in the RFP process as that allowed them to speed up the transaction close. The RFP was still a great success, resulting in a 12% savings at the end of the day.
36 months
Operating lease
$157,744
Amount financed
12.4%
Savings
Want similar results?
Get a sourcing event.
The results
|
Transaction:
|
Demolition equipment
|
|---|---|
|
Amount financed:
|
$157,744
|
|
Term/structure:
|
36 months operating lease
|
|
Proposals:
|
8
|
|---|---|
|
Savings:
|
12.4%
|
|
Savings (in USD):
|
$17,283 over the initial term
|
|
Transaction:
|
Demolition equipment
|
|---|---|
|
Amount financed:
|
$157,744
|
|
Term/structure:
|
36 months operating lease
|
|
Proposals:
|
8
|
|
Savings:
|
12.4%
|
|
Savings (in USD):
|
$17,283 over the initial term
|
Equipment lease sourcing
Looking for better financing terms on a big-ticket item like a lease for demolition equipment? 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.