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For the Leasing/Loan Customer
Leasing equipment may look like a simple transaction but, in fact, it can be complex and carry certain risks for the business owner. Choosing to lease is a smart way to acquire equipment. Eight out of ten U.S. companies lease some or all of their equipment.
Why is partnering with a Lease/Finance broker, who is a member of the National Association of Equipment Leasing Brokers (NAELB), a wise choice?
- Expertise. It’s all we do - all day, every day. We help streamline the process. We can save you time, money and aggravation by lending our expertise to your transaction.
- We are on the cutting edge of common and accepted practices and industry jargon, industry accepted practices and industry terms of art. We encourage ongoing education of our members.
- Unlike bank loans, leases have virtually no restrictive covenants upon a borrower during the lease term.
- Brokers are like independent insurance companies. We have access to a wide range of lenders to meet your specific needs.
- Brokers find the right lender for YOU. Brokers can, and do, give you the personal attention you deserve.
- You and your broker will develop a long lasting partnership for all loans and leases that you will need in the future, because a broker is not restricted by the requirements of using only one lender.
- Most brokers do not just “credit score” a transaction, but look into the details of your long term goals, and the reasons behind your financing needs.
- A NAELB Broker has taken a pledge to abide by the Code of Ethics of the NAELB. You can view our code of ethics by clicking here.
If you are a leasing customer or vendor and would like to verify if a broker is a member of the NAELB, click here.
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