Equipment Lease Sourcing Software provides:
Automated RFP Generation
Automated Proposal and Ranking
Standardized Terms and Conditions
Global Network of Lessors:
International Leasing Companies
Two Minute Overview
What is Competitive Sourcing for Equipment Leases?
Start with Lease vs Buy Analysis
No MBA Required
You input the specifics of the deal such as the equipment cost and the length of the term. We’ll use your company’s financial variables — Think Weighted Average Cost of Capital (WACC) and Internal Borrowing Rate (IBR) — to perform a lease versus buy analysis. The results are stored in our database in case an auditor or your CFO asks for the rationale behind a particular leasing decision.
Is your leasing program decentralized with buyers all over the world in different operating divisions? No problem. We’ll help you empower your buyers while giving you oversight and control. We’ll give decision makers in each country and business unit our Asset Request Form. It’s an easy-to-use tool that they can use to submit a lease versus buy analysis request. And it doesn’t require an MBA in corporate finance to use.
Rapidly Generate RFPs
In Days Not Weeks
One of the primary reasons more companies don’t send out RFPs for equipment financing is the amount of time it takes to run a competitive bidding process. We’ll take your bidding process down from weeks to days. LeaseAccelerator automatically generates RFPs with just a few mouse clicks. We’ll populate many of the standardized, repetitive items.
You just fill in the specifics of your lease:
- What type of equipment are you looking to finance? Manufacturer, model number, quantities, and unit costs
- What types of financing terms are you looking to obtain? Currency, payment frequency, and lease type (fair market value, dollar out, etc.)
And we’ll do the rest.
Get Competitive Bids
From Up to 500 Leasing Companies
We’ll distribute your RFP to many of the 500 financial institutions on our Global Lessor Network. More competition ensures you receive the best financing rates and leasing terms. Our network includes many of the world’s top banks, vendor captives, and independent lessors in countries ranging from the US and Canada to India and China.
We’ll act as a market maker to ensure there are enough companies bidding on your lease so you get competitive rates. We will match financial institutions to your specific needs. We have lessors who specialize in a variety of credit ratings, asset classes, and geographic regions. Big ticket or small ticket, investment grade or speculative, or emerging markets or developed – we’ve got you covered.
Pick a Winner
With Apples-to-Apples Comparisons
Compare all your bids based upon internal rate of return, present value, or total cash flow. Export the comparison to a spreadsheet so you can sort, analyze, and share results. Once you decide which financing offer to accept, we will notify both the winner and the losers. Automatic notification means less time spent emailing and phoning lessors to inform them of your decision. You can also provide feedback to losers on why they “didn’t get the business.”
Tired of spending countless hours with expensive outside counsel to negotiate your leasing terms? We’ll help you standardize your contracts. You can use Lease Accelerator’s PureDocs contract – already accepted by 25 of the largest lessors in the US. Or if you prefer, we’ll use your own master lease agreement.