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Approved Vendors

Continental Leasing Co., Inc (CLC) (Bedford, MA)

  • Fast service, modest rates, easy documentation (by fax, same day shipment).

Click Here For a Leasing Quote

 

Bank of America Leasing (Corporate offices in Chicago, IL with regional offices)

  • Financial records are required.

Cisco Leasing (Based in Atlanta, GA; local office in Boxborough, MA)

  • Sub- contracted, good rates for predominant CISCO configuration.

HP Finance (Regional office in NH and Finance Division in Murray Hill, NJ)

  • Excellent asset management and post lease support.

IBM Global (Waltham, MA)

  • Good rates for their collateral, various rates within their product lines, multi-layer administration process.

Sun Finance (Burlington, MA)

Sun Express, Keybank (Albany, NY)

  • Can travel locally and nationwide
  • Runs the Sun Micro under $250k program

Independent Lessors:

CSI Leasing (Walpole, MA)

  • Excellent asset management and post lease support.

CCA Financial (Richmond, VA)

  • Excellent asset management and post lease support.
  • Personal service, privately held, financially sound.

Financial Assistance:

TimeValue

www.timevalue.com

Bloomberg

Financial Considerations:

All the above vendors will handle co-terminus leases.

All carry the paper in house.

Generally, financial information is necessary for leases over 100k.

Rates are often expressed as a factor rather than an interest rate.

Most will not penalize for early buy-out. Know your early payment options.

CLC will allow a buy-out based on the banking Rule of 78’s, i.e. “sum of the digits.”

Asset Management Reports available.

Secure and green removal services generally available.

Please consult your accountant to be sure your lease fits financially.

If tax considerations are key, pre-qualify the lease to FASB-13, before you sign it.

Meet with the finalist.

Have your vendor (CRI), contact your lessor to hand shake administratively.