To maximize savings, an industrial manufacturer consolidated 24 months of material handling leases (from multiple vendors) in a single, large competitive event. Consolidating enabled the manufacturer to take advantage of economies of scale and remove the inefficiencies of multiple “one-off” RFP events.
The strategy was successful. By aggregating transactions into a lease line, this lessee was able to attract more lessors and drive down capital costs. Stakeholders now have the flexibility to take down transactions over the term whenever they want.
Material Handling Equipment from Multiple Vendors
48 Month Operating Lease
Savings (in Dollars)
$530,640 over the initial term