Customer Problem / Need
Customer had leases executed at local site levels,with various investors, at rates above market interest rates, and were paying evergreens on leases past term.
The customer required a process to manage their leasing process.
A centralized quoting process, enabled by our LeaseLink cloud-based software, for all incoming new equipment lease requests.
The process created a standard workflow, access to global capital markets, rates indicative of the parent’s credit profile, and created a central repository for lease management.
The Chain AMS team has originated >$750MM in equipment financing through the New Capex program since inception.
The program has lowered the customer's lease rates and improved end-of-term decision making through EBO options and dashboard alerts.
Overall the program created operational rigor and a simplified process for the customer to request leasing for their equipment needs.
▪ >$750MM in equipment financing through the program since inception
▪ >500 lease contracts executed around the globe
▪ 20+ preferred global investors executed under the program
▪ Acquisition flexibility.. Customer able to buy, return or extend at end-of-term
▪ Fixed early buyout options available for certainty in economics
▪ Ability for the Chain AMS to place a purchase order on behalf of the customer
▪ Standardized process & documentation
▪ Portfolio dashboard with analytics and notifications for key dates including early buyouts and end-of-term