Tractor Trailer

A global logistics company was looking for a competitive method to drive the lowest  cost for a lease. Using LeaseAccelerator, the company was able to bid for the best equipment cost, multiple options, and a lease rate factor.  The bid was an involved, multi-layered process that resulted in big savings.

The Results

Transaction

Tractor Trailer

Amount Financed

£5,200,000 over 3 years for a total target of 71 trailers

Term/Structure

60 and 84 Months Operating lease and Capital lease with FMV Buyout & $1 Out

Proposals

5

Savings

10.0%

Savings (in Dollars)

$13,628 over the Initial Term

Equipment Lease Sourcing

Looking for better financing terms on a big-ticket item like a lease for tractor trailers?

We will match you to several of the 500 financial institutions on our Global Lessor Network based upon your credit rating as well as the location and type of equipment to be financed. Then we will distribute your RFP to those lessors in a competitive bidding process.

By putting your leases out to bid in a competitive marketplace you can reduce your costs by 6-8%. Those savings add up quickly for large companies with leasing portfolios in excess of $100M.