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Home of the Kip Doctor!
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KeepItPrinting.com The "unofficial' and "unauthorized" KIP info site.
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Neil Johnston doctor
Joined: 23 Dec 2005 Posts: 402 Location: Seattle, WA |
Posted: Sun May 11, 2008 1:59 pm Post subject: Lease Companies |
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I'm looking for a lease company that will allow me to put service and toner into the lease payment. Is this possible?
I keep seeing these copier companies do this. The lease includes everything. They can only build so much into the lease payment. How do they handle overage fees? Does the lease company collect meter readings and bill accordingly. Or do you still have to bill the customer seperatly for overages.
My dream lease company would finance the machine and handle the monthly useage billing so the customer only gets one clean bill. Then the lease company would kick a check back to us for the Service and Supplies portion.
What do you guys do for this All Inclusive Leasing thing? _________________ Neil Johnston
Sales / Support
www.TheWideFormatCompany.com
www.PlotTrackerPro.com - Kip Accounting Software |
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phan6622 doctor
Joined: 09 Feb 2007 Posts: 750 Location: Midwest |
Posted: Mon May 12, 2008 12:49 pm Post subject: |
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Hey neil.. We lease the machine through a lease company ourselves. Then we draw up a rental contract with the customer which includes all of the numbers.. $X per month plus overage. or however the particular deal is structured. Sometimes we offer the customer a buyout at the end of the term, sometimes we don't. Customer gets one clean bill and we retain ownership of the machine throughout the deal. We have never worked with our lease company to include P/T/S. |
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Neil Johnston doctor
Joined: 23 Dec 2005 Posts: 402 Location: Seattle, WA |
Posted: Mon May 12, 2008 2:37 pm Post subject: |
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But if your customer has money issues then aren't you on the line for that lease? Isn't it risky to put all those leases in your own companies name? _________________ Neil Johnston
Sales / Support
www.TheWideFormatCompany.com
www.PlotTrackerPro.com - Kip Accounting Software |
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