Deb’s Equipment Leasing Blog

Deb’s Equipment Leasing Blog

Want to get more productivity out of your staff AND save money?

Here’s an interesting idea of how leasing technology can help free up cash.  I know for a fact that there are phone systems available that will work with your CRM so when a client calls, all of their pertinent information pops up on your screen.   Also, if you’re not at your desk the call will forward to your cell phone or your home office.  And there’s always the “press zero” button if your customer requires a live person. Continue reading “Want to get more productivity out of your staff AND save money?”

The Quick Quote and Other Fairy Tales

On many websites including ours, you will see the opportunity to get a “quick” quote. I apologize on behalf of all leasing companies because the chance of you getting the number you’re quoted are about 37%. Here’s why. A good equipment leasing agent will pepper you with questions just like a good defense lawyer. And then, also like a good defense lawyer, she will prepare your case to present to a credit manager who will then say yah or nay and slam down the gavel. Once approved, your request is applied to a pricing matrix that spits out a number totally unique to your company.

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Cross border shopping?

Cross border shopping?

Sometimes clients ask about purchasing equipment from American vendors.    In most cases, this is easy to do.  Where we have challenges is the American vendor often wants to be paid before they ship the equipment across the border.    Depending on the strength of your company’s credit, we may be able to send them up to 50% of the equipment cost but generally no more than that.  AND, you have to agree to start the lease.   If you’re planning on travelling down this road, be sure you know your American vendor well because once they have their 50% and the lease is started, it is non-cancellable.

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Oh, the Things You Can Lease!

PL-constructionWhen thinking of “lease-able” equipment to list on our website, the challenge was to be brief.    In reality just about any type of equipment including software, can now be leased!    After writing equipment leases for the past 25 years, I have come across many interesting, lease-able assets.   For example,  I have leased a grand piano to the Chateau Lake Louise.    Another medical company leased an ambulance from us.   Then they leased all the equipment on the ambulance.  And finally, they leased all the drugs on the ambulance.   (Think dopamine and epinephrine)

Continue reading “Oh, the Things You Can Lease!”