End-user and Partner Programs
A Customized Leasing Solution
At TEQlease Capital, all leases are customized to reflect the way you want to do business. We don’t require you to use a rigid leasing process, but rather we listen and adapt to your requirements. This includes customized billing formats you pre-approve to integrate your accounts payable procedures. Lease documentation can be limited to a single-page lease document for simple transactions, or a master lease and customized lease schedules for more involved projects. We are “manufacturer agnostic”, so that we can mix equipment from different manufacturers in one lease schedule, for example, if your capital project is better administered that way. This philosophy carries over to lease administration and reporting, billing, asset management and end-of-lease auditing.
OEM Vendor Lease Programs
We provide lease programs for OEM equipment manufacturers to solve specific funding issues. This can include a complete outsourced leasing and finance channel. TEQlease will provide everything from original end-user credit review, to documentation, lease administration and transaction closing. Lease processing provides for guaranteed turnaround times, such as 24 hour or 48 hour processing, depending upon the type of lease. TEQlease will pay end-user invoices on time, having promptly solved any customer lease transaction issues. Each lease transaction and each customer is handled individually, on a customized basis.
A TEQlease Capital vendor lease program can also support an existing vendor leasing relationship by providing structured leasing solutions for “out-of-the-box” transactions. Have you encountered a lease transaction that warrants a credit approval but doesn’t meet rigid funder requirements? In that case, for business end-users with satisfactory pay histories, TEQlease will structure the lease transaction to ensure a credit approval.
Reseller Lease Programs
We provide lease programs for Resellers. Most Resellers have lease financing programs with each of the OEM’s they represent, which requires the Reseller to deal with each of the OEM’s captive finance company, each in turn having different funding requirements. This requires the Reseller to keep track of all of the programs and to try to fit lease transactions into one of the programs. At TEQlease, we are “manufacturer agnostic”, so that we will mix equipment manufacturer products in one lease schedule, for example, at one lease rate and with one monthly lease payment for your customer. We will also consider credit approval for the end-users that don’t fit the captive finance company’s rigid funding requirements. Lease credit approvals can be obtained within guaranteed turnaround times. TEQlease will pay end-user invoices on time, and your customer will be handled individually, on a customized basis.