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Exploring the options for financing an upgrade to technology.
CHALLENGE:
One of the Nation's largest retailers needed to enhance their existing technology, but the expense wasn't planned for in the company's budget for the current year. The customer did not want to wait until the following year to upgrade the technology, but they thought they were left with no other choice.
SOLUTION:
After consulting with LEASENET, who took the time to thoroughly understand the company's situation and needs, the customer saw that they did have another option. LEASENET provided them with a structured lease that included a six-month deferral on the first payment.
RESULT:
The flexible and creative structuring of the transaction was exactly what this customer wanted. This solution enabled the company to upgrade their technology when they needed, rather than waiting because of an economic situation.
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