Tiger Leasing

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Tiger Leasing Leasing As A Closing Tool

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Tiger Leasing. Leasing As A Closing Tool. What is a Lease?. A lease is simply an agreement by a customer (Lessee) to pay a monthly rent for a specific amount of time for the right to use property owned by Tiger Leasing (Lessor). - PowerPoint PPT Presentation

Transcript of Tiger Leasing

Page 1: Tiger Leasing

Tiger LeasingLeasing As A Closing Tool

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

 

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What is a Lease?

• A lease is simply an agreement by a customer (Lessee) to pay a monthly rent for a specific amount of time for the right to use property owned by Tiger Leasing (Lessor).

• At the end of the term, the lessee has the option to buy, re-lease or return the property to the Lessor.

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

 

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Who Leases?• 8 out of 10 U.S. businesses use lease financing to acquire

the capital equipment needed for growth.• Over 65% of Fortune 1000 companies lease.• Small businesses use leasing to acquire equipment and

preserve capital needed for growth.• All types of companies – Proprietors, Partnerships,

Corporations.

Do your fact finding and ask for the decision maker. Ask if he or she has the authority to approve monthly payments.

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Benefits of Leasing to Your Customers

• Leasing provides 100% financing. CONSERVES CASH!

• Leasing allows for small monthly payments rather than a large outlay. Avoid Sticker Shock.

• Customers pay as they use the equipment as a monthly expense.

• Leasing preserves bank credit lines.• Tax Advantages – Expense up to $250,000 in 2010.• Allows you to sell more – small payment and afford

more.• Add-ons made easy.

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Tiger’s Benefits To You

• Overcome pricing objections.• No more collecting accounts receivables –

You get paid upon delivery/installation.• Increased transaction size.• Competitive lease rates.• Flexible lease programs to meet customer

needs.• Direct support to handle the entire transaction

to make the process easy for you.• Available anytime you require assistance.

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Working with Tiger – The Lease Process

Make one phone call to us with the name and phone number of the account and we will do everything else!

• The application is submitted.• We request any other financial information that is needed.• After approval, (usually one day) documents are prepared for signature.• After signed documents are received, a purchase order is issued.• We can pay deposits and progress payments• Equipment is delivered.• Upon receipt of an invoice, payment is made after verification of delivery.

Credit Approval – There are no rules! We try to be as creative as

possible.

Rates – Our rates are competitive! We will be as competitive as we have to be to close the deal for you.

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Selling Tips• BE PROACTIVE…introduce leasing on every sales

call.• Always quote the monthly rental early in the

presentation.• Have a leasing section in every proposal.• Advertise monthly payments in product literature.• Keep customers focused on equipment benefits –not

price.• Point out leasing benefits – cash flow, tax

advantages.• Use the low monthly payment as a tool to facilitate

additional equipment.• Never assume a customer can afford to pay cash.

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Sales Tools

• Lease Quote – Instantly generate a customized leasing proposal.• Rate Sheets – Multiply the rate factor listed x your equipment cost to

determine monthly payment.• Lease Info Sheets – Information for your customer to educate them on

the benefits of leasing.• Tax Benefit Information – Available on our website.• Tiger Leasing Newsletters • Website – www.tigerleasing.com has a wealth of information. Direct

your staff and customers to take the time to browse it and learn more.• On line Application available.• Tiger Link – Link your website to ours and offer your customer an

affordable alternative to acquire their equipment. When customers see how affordable leasing is, they are more apt to increase their transaction size.

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Contact InformationGive me a call – I will assist you in closing business!

Steve [email protected]

Tel - 212-791-2250 x627

Fax - 212-791-2199

Visit our website for a wealth of information www.tigerleasing.com

19 Jay Street

New York, NY 10013