In today’s equipment leasing market, there are many tips and tricks that some leasing companies will provide that can actually do more harm than good for their customers. One such trick, or leasing utility, that may cause your business more harm than good is a leasing calculator excel. This is basically a highly faulty lease calculating utility that tends to provide equipment leasing clients with severely skewed and inaccurate leasing quotes which can lead to a business paying way more for their lease than it was ever predicted to cost.
Because of this, potential leasing clients should always stay away from leasing companies who claim to offer some kind of comprehensive lease calculator, since these utilities almost always provide lessees with an image of their equipment leasing costs that can seriously mislead the lessee. Being misled like this when leasing equipment can prove to be an extremely costly mistake to make, since an inaccurate picture of leasing’s costs can end up forcing a business to pay a ridiculous amount of money for their lease agreement; an amount that was never known or considered in the beginning because of the inaccuracy of the estimates provided by a lease calculator excel cost projection.
In order to inform potential leasing clients about the risks of utilizing lease calculator excel utilities when they are preparing to lease equipment, some additional information on the subject will now be provided so that clients can avoid being taken advantage of by some of the less reputable leasing outlets currently in operation today.
Lease Calculator Excel: Knowing How to Spot Bad Leasing Outlets
When equipment lessees learn that a leasing outlet can offer them an equipment leasing calculator to help determine what the costs of leasing will be, this may seem like great news since this kind of prediction can help a business plan for their future expenses. However, this is probably not going to be great news since these leasing calculators often do not or can not provide an accurate look at what a business can expect to pay for their equipment acquisition costs in the long term.
A leasing company like LeaseQ.com is not going to provide its potential lessees with a faulty lease calculator excel utility; they are much more advanced and precise than to use one of those faulty utilities with their clients. Rather, LeaseQ can provide their clients with real rates from real lenders, which are highly competitive and can give a business some serious peace of mind when it comes to knowing what they can expect to pay for their equipment lease agreements.
Although the leasing process at LeaseQ does include with it a soft credit pull. this should not bother prospective lessees since this kind of credit pull has absolutely no capacity for impacting credit scores.
To learn more about making informed leasing decisions, simply CLICK HERE.