Third-party Lease Review
Suppliers word leases for their own benefit. When your organization’s lawyers review them, they seldom have your printing needs in mind. An independent expert can help.
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Using an Independent Expert
The pot of gold at the end of the rainbow is finding a third-party leasing expert. This individual should not work for any leasing company, lease broker or equipment vendor. He or she should be able to quickly assess the printer’s digital printing needs from a straightforward, though thorough, needs assessment survey. Then the expert should review the manufacturer’s proposed lease for a multitud/e of phrases that turn out to be untenable “gotchas” that are most certainly not to the printer’s benefit. Quite often the expectant buyer is not even aware of the interest rate, which, believe it or not, is occasionally exorbitant.
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C. Clint Bolte
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