How can it be improved?
Optimus is not a leasing company, but we exist to remove the aggravating and time-consuming work associated with inherited leases from the desks of your treasury, procurement, contracts, tax, and legal departments. For over 25 years we have successfully saved multibillion dollar companies millions of dollars on their equipment leasing spend.
Leases in Extension
Reconciling payment history
Unpaid property tax
past due payments
Transfer & assumption fees
Residual value disputes
onerous return & purchase options
change in control clauses
cross default clauses
overexposure requiring payoff
lost, stolen, or destroyed assets
obtaining credit approval
There are as many as 15 different steps required to transition one leased asset, not to mention dozens of emails and phone calls with leasing companies and other involved parties. Leasing companies' response may add 30 to 90 days to assignment completion, resulting in bad will between the buyer, seller, and lessors. Hand equipment leasing off to Optimus' specialists.
Our clients have faced unplanned lease expenses of hundreds of thousands, sometimes millions of dollars, simply by overlooking a single clause in one of their contracts. Others have faced the prospect of having cross default clauses enforced, resulting in mass acceleration of all future lease payments.
Contact Optimus to learn more or to schedule your complimentary Road Map Session.