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We understand that it's not a uniform world out there. From equipment availability to installation windows, from employee growth to excessive demand, we know that the IT needs of our clients might not always fit into our standard "Snap" and Master Lease Products. That's how we've come to offer a few other Special Options that you would be hard-pressed to find elsewhere. A few of those are noted here.
The options below are especially tailored towards clients who have rolling installation windows, or those with very dynamic needs that require contingent options in their leases. However, we realize that there's probably a company out there with special needs that we haven't yet addressed. If you're fit that bill, kindly let us know, and we'll tailor something to fit your situation.
Otherwise, we've outlined a few of the Special Options that we offer on a fairly regular basis. Some are more applicable to large companies, but we can adapt anything to your situation. That's what we're really good at.
Floating Term Lease
This option is perfect for those clients who aren't certain they'll need their IT equipment for the full term of a lease. It provides a mechanism by which the client can terminate a lease prior to the full term, effectively adjusting the term as they need. This eliminates the need to resolve upfront exactly how long you might utilize the equipment in question.
Take, for example, a 36 month lease. Longer lease terms are attractive in that they offer lower monthly payments than those of shorter terms. In this case, a client makes their payments for 24 months, with those payments being based upon the lower 36 month term. However, if the client finds that it would rather opt out of the lease at the end of the initial 24 months, CT&L simply converts the payment structure to reflect a 24 month term. The client then pays the aggregate difference in the payments for the two terms, plus an interest rate factor, and returns the equipment. The obligation is dismissed. It's truly a "Monday Morning Quarterback" option.
The only requirement to this option is for the client to provide ninety (90) days written notice to CT&L of their intention to exercise the open. And we can make it work at almost any point in a lease, beyond the initial six months.
In other words, you "float" the actual term of the lease, based upon how you're using the equipment.
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Project "Roll Outs"
Some of Our Team have been doing what we refer to as Project "Roll Outs" since PC's and notebooks were just transitioning to the Intel 286 processors. It's something that we've done on a very large scale, and something that requires a great deal of coordination.
What's a "Roll Out?" Well, it's an installation of large quantities of equipment, commonly at many different sites, over a period of time. It requires coordination in terms of matching the supply of equipment to the client's needs, as well as being able to fund, or bridge, the payment for the equipment until the client needs to start the actual lease. It can mean supplying equipment over a single quarter, and then writing one lease, or it can be a series of thousands of identical pieces of equipment stretched out over many months and several lease schedules. We've done it almost every which way, and we've been doing it for years.
So don't be afraid to let us know if you've got a large project that might involve a broad window. We've already "cut our teeth" on similar projects, and won't shy away from handling yours.
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Migrations
Migrations are some of the most complex projects that any company can undertake. Moving technology, platforms, architectures or simply locations, requires an immense amount of detailed planning, and in many cases, a very high fiscal price tag. Typically, hardware and software, as well as consulting or professional fees, are all necessary components of the migration. Likewise with "overlap," where a company needs to run the old and new technology simultaneously. We can handle it all.
If you're looking for a way to compartmentalize your migration costs into a single monthly payment, we can hand craft a lease that ties it all together. We'll work with all the vendors to make sure you get what you need, and we'll ease the upfront costs by offering you a "turn key" financing solution. While we can't make the project pains go away completely, we can make it more palatable from an economic standpoint.
In dealing with migrations we typically need to work with you on a much closer level, so we ask that you contact us to discuss the details, as well as your needs. We'll find a way to wrap it all up.
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