Oracle Exadata Database Machine Lease
A Fortune 150 IT organization needed a leasing solution quickly to expand its Oracle ERP capacity. Using LeaseAccelerator and the Global Lessor Network, they went to market quickly and obtained aggressive rates to meet their accelerated timetable, resulting in a great outcome.
36 months
Operating lease
$1,865,197
Amount financed
10.9%
Savings
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The results
|
Transaction:
|
Oracle Exadata Lab-ERP
|
|---|---|
|
Amount financed:
|
$1,865,197
|
|
Term/structure:
|
36 months operating lease
|
|
Proposals:
|
8
|
|---|---|
|
Savings:
|
10.9%
|
|
Savings (in USD):
|
$188,638 over the initial term
|
|
Transaction:
|
Oracle Exadata Lab-ERP
|
|---|---|
|
Amount financed:
|
$1,865,197
|
|
Term/structure:
|
36 months operating lease
|
|
Proposals:
|
8
|
|
Savings:
|
10.9%
|
|
Savings (in USD):
|
$188,638 over the initial term
|
Equipment lease sourcing
Looking for better financing terms on a big-ticket item like a lease for an Oracle Exadata database machine? 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.