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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