Enabling the distributed rollout of new technology across a large company.

CHALLENGE:
A large, diversified consumer services provider believed they needed new state-of-the-art, customized technology to gain the operational efficiencies that would take their business to the next level and give them a competitive advantage. The customer's challenge was implementing the distributed rollout of the new technology across the company's entire geographic footprint.

SOLUTION:
LEASENET recommended a pre-approved leasing line of credit. This arrangement allowed the new technology, including significant software applications and services, to be delivered to the various customer locations as needed. Meanwhile, the invoices went to LEASENET for immediate payment. LEASENET consolidated the invoices over a calendar quarter and then structured a coterminous lease schedule so that all quarterly schedules terminated at the same time.

RESULT:
The company received seamless acquisition of, management of, and distribution of new technology that they needed to stay competitive. And in addition to the administrative benefits like knowing that the vendors would be paid on time, the company didn't have to keep re-applying for credit approvals. The customer also received from LEASENET invaluable, on-going consulting advice. For example, at the time of a large customer-initiated project expansion, LEASENET advised restructuring the existing transaction and adding new equipment in order to meet the customer's needs.

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