Customer Problem / Need

Customer had leases executed at local site levels,with various investors, at rates above market interest rates, and were paying evergreens on leases past term.

The customer required a process to manage their leasing process.

Solution

A centralized quoting process, enabled by our LeaseLink cloud-based software, for all incoming new equipment lease requests.

The process created a standard workflow, access to global capital markets, rates indicative of the parent’s credit profile, and created a central repository for lease management.

Outcome

The Chain AMS team has originated >$750MM in equipment financing through the New Capex program since inception.

The program has lowered the customer's lease rates and improved end-of-term decision making through EBO options and dashboard alerts.

Overall the program created operational rigor and a simplified process for the customer to request leasing for their equipment needs.

Program Highlights

▪ >$750MM in equipment financing through the program since inception

▪ >500 lease contracts executed around the globe

▪ 20+ preferred global investors executed under the program

▪ Acquisition flexibility.. Customer able to buy, return or extend at end-of-term

▪ Fixed early buyout options available for certainty in economics

▪ Ability for the Chain AMS to place a purchase order on behalf of the customer

▪ Standardized process & documentation

▪ Portfolio dashboard with analytics and notifications for key dates including early buyouts and end-of-term