Did you know that up to 60% of all equipment leases renew automatically without input or negotiation?
And that every year, more than $40 billion in penalties are assessed on lessees
for missing end-of-lease notices?
We help you avoid these needless penalties by notifying the right people in your organization well in
advance of lease expiration dates. You can relax, knowing your company will never have to pay a penalty again.
- We use a custom designed notification service to protect your financial interests.
- We make sure you get timely notice of existing contractual obligations such as leased assets, and help you minimize any penalties.
- We will help eliminate automatic renewals, offering you more control over your assets, budgets and cash.
- We help you comply with Sarbanes-Oxley rules and potential liabilities in an efficient manner.
- We keep you organized, so that the money you saved by leasing the assets remains to your advantage, and those obligations do not become an unforeseen burden.
How Does It Work?
- We help you begin the process in time to meet your lease terms. We remind the person in your organization who is responsible for lease end what their options are, and when they need to decide what actions need to be taken.
- If they fail to do this in a timely manner, we notify you.
- We provide the correct forms and methods to handle your obligations and help you streamline your asset management.
- We manage the entire leasing process from cradle to grave and help you save money, period.
Proper Notice
- Analyzes your lease documents for important Terms and Conditions and dates.
- Records your data in multiple separate systems and locations for safekeeping.
- Ensures you begin the End-Of-Lease decision process in plenty of time to meet notification deadlines.
- Provides you with the correct forms, ready to be signed and sent.