10 Questions You Should

Be Asking Your Lessor (Even If You're Happy)

Question 1

“How long does it typically take to receive a price

quote, send out a PO and receive lease documents?”

A quick response time is essential to getting equipment in on time in order

to meet the business demands for a project. 

If unbiased advice on equipment selection is important to you, ask,

“Is your organization independent of any equipment manufacturer?”

Question 2

Question 3Do you have a single point of contact

from equipment origination to disposition?

Look for a company with a dedicated rep

who is going to consult with you- not just take

your order and drop you into a lease.

How quick is your lessor to pay an equipment vendor?

Question 4

You don’t need the extra hassle of being the middle man between your vendor

and the leasing company, nor do you want things to go sour

with the company bringing in your new equipment. Having them paid on time is critical.

Is your lease pricing competitive

regardless of transaction size?

Question 5

Pricing should be based on the specificasset type’s residual value whether it is

for a $10,000 equipment need or $1,000,000

or

How flexible is your lessor

in negotiating the terms and

conditions of your

Master Lease Agreement?

Make sure these match up

to your business

needs and objectives.

Question 6

Question 7To ensure additional flexibility,

ask if your company is allowed

to upgrade technology anytime during

the lease or at lease expiration

on a less-than-all basis.

SSD

How familiar is your

lessor with the

equipment you use?

YYour lessor should have a stake in the

items your business needs in order to obtain a strong

residual investment position.

Question 8

Can you currently track assets on lease?

Look for a lessor with

a no-charge asset tracking

package with the transparency

and the ability to review, manage, and track your

leasing portfolio of assets at any time.

Question 9

*LEARN MORE

ABOUT MCAP @

MERIDIANLEASING.COM/MCAP

If you are a global organization, can your lessor

support in-country leasing or

lease assets located in other countries?

Question 10

LEARN MORE AT MERIDIANLEASING.COM

One source for all your finance, equipment and technology needs.Meridian Enables Ultimate Business Flexibility 

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