Leasing Advisory Service
Vanguard’s Leasing Advisory Service makes a very strong case for considering this alternate procurement option. Our experience and success in this field is unmatched in our industry and has helped transform the companies and institutions that have leasing plans in place.
We listen to your goals and design leasing/procurement options that are customized to your specific needs and requirements. We understand that in Education, for example, payment structure must be matched to a funding calendar and that Corporations have cash flow strategies that must be understood.
Our Leasing Advisory Team will meet with you to craft a leasing structure that delivers the technology you need today and in the years to come. Obsolescence Management is built into the leasing agreement that will guarantee that your teachers, government workers and corporate staffs are guaranteed the most effective technology when they need it. If the technology cycle for teachers is 3 years then we will design a leasing strategy to make that happen.
Vanguard’s Leasing Team has built relationships with a range of veteran Leasing Companies. We talk their language and will work with you to develop the proper verbiage for a leasing contract that brings fairness to both parties. It is vital that the proper match is made, as you will have a relationship with the leasing partner lasting many years.
With a well-developed leasing contract you are taking computer technology out of the capital side of your organizations budget and treating it as a utility (an expense). It is procurement option that we recommend and would strongly advise you to consider.
Leasing Scenario 1
Education
A tuition based school collects their tuition 9 months out of the year. A leasing program was designed for their student laptops that was based upon a term of 36 months but with only 27 payments…9 payments per year corresponding with the school calendar year and tuition receipts.
Leasing Scenario 2
State & Local Government
A state agency had a need to replace aging servers to meet the needs of the state staff. The new budget year starting July 1st contained funding for the servers but the need arose in March. A lease was constructed which had zero payments for the months of April, May and June with the first of 33 payments starting July 1st for a total 36 month lease term.
Leasing Scenario 3
Corporations
A corporate client wanted all equipment returned while still under warranty. The standard warranty was 3 years on the equipment. A 35 month lease term lease was constructed so that there was 30 days of warranty remaining on the equipment when returned off lease to be sure any needed repairs were completed while under manufacturer’s warranty.
For more information on our Leasing Advisory Service please call us at 800 229 9360 or click here to submit a query.