Equipment Lease Sourcing

Lower your financing costs for material handling, transportation, and data centre equipment leases by 6-12%. Schedule a personalized demo »

Schedule Your Personalized Demo

COMPETITIVE SOURCING

Get the Optimal Financing Rates and Contract Terms for all of your Equipment Leases.

Are you getting the best financing rates and contract terms for your equipment leases?  LeaseAccelerator can help you apply best practices in procurement such as spend consolidation, issuing RFPs, and competitive bidding to ensure you get the best deals. Through our technology and expertise, customers average 6-12% savings across their lease portfolio.

LeaseAccelerator can help you reduce leasing costs for:

  • Material Handling (forklifts, pallet jacks, conveyors)
  • IT and Data Centre (servers, storage, laptops)
  • Vehicle Fleets (company cars, trucks, vans)
  • Office Equipment (multi-function printers, HDTVs)

Reduce costs of equipment finance and leasing through:

  • Aggregating and consolidating spend
  • Issuing RFPs for competitive bidding
  • Eliminating predatory buyout and renewal clauses
  • Reducing interim rent and evergreen fees
TWO MINUTE OVERVIEW

What is Competitive Sourcing for Equipment Leases?

The new frontier in procurement: Tackle one of the biggest areas of unmanaged spend to unlock millions in savings.

LeaseAccelerator Canada: Enterprise Lease Accounting Software New Lease Accounting Standards

Get a live demo of our equipment lease sourcing software

Learn how LeaseAccelerator can help you reduce the costs of your equipment leasing program.

Start with a Lease vs Buy Analysis

No MBA required

Is your leasing program decentralised with decision makers all over the world in different operating divisions? Not a problem. We’ll help you empower your spenders while giving you oversight and control.

  • Asset Requisitions: Give budget holders a simple process to submit requests for lease vs buy using spreadsheets and email
  • Accurate Calculations: Treasury centrally controls IBRs, WACC, debt rate, and equity rate to ensure they are up-to-date with latest market rates
  • Compare Options: Compare cash flows, tax deductions, breakeven analyses, and net present value for lease and buy options to optimise capital decisions

Rapidly Generate RFPs for Equipment Financing

In days, not weeks

One of the primary reasons more companies don’t send out RFPs for equipment financing is the amount of time it takes to run a competitive bidding process. We’ll take your bidding process down from weeks to days.

  • Auto-Generated RFPs: Just input the preferred type of lease structure, currency, and payment frequency and we’ll generate an RFP
  • Potential Bidders: Get matched to the best potential financing sources based upon asset type, ticket size, and geographic region
  • Competitive Bidding: Watch commercial banks, vendor captives, and independents aggressively bid to win your business

Get Competitive Bids on our Global Marketplace

From up to 500 leasing companies

We’ll distribute your RFP to many of the 500 financial institutions on our Global Lessor Network. More competition ensures you receive the best financing rates and leasing terms. Get bids from vendor captives, commercial banks, and independent leasing companies based upon:

  • Ticket Sizes: Get bids on large, medium, and small ticket size equipment leases
  • Asset Categories: Get bids on material handling, transportation, data centre, and other types of equipment
  • Geographic Regions: Get bids from capital sources in North America, Europe, the Middle East, and Asia

Spend Analysis for Equipment Leasing

Benchmark your lease portfolio

Would you like to better understand the economics of your existing lease portfolio? We’ll analyse your existing lease portfolio to find the areas of waste and inefficiency then recommend best practices to optimise spend on future leasing contracts:

  • Over-Payments: Identify expired leases that are still billing – so that you can terminate the contract or refresh the asset
  • Above Market Rates: Benchmark your financing rates across business units, asset categories, and geographic regions
  • Predatory Terms: Pinpoint contracts with punitive end-of-term buyout, renewal, and return clauses

Subscribe to Our Lease Accounting Newsletter

All the latest news and updates delivered to your inbox twice per month including articles, white papers, and research studies from LeaseAccelerator as well as insights from industry thought leaders such as the Big Four, accounting boards, and technology vendors.