InterPrac Leasing Newsletter-April 2008

  
 

Dear Member

Sale and Leaseback Opportunities

Unlock the wealth in your clients fleet by switching to a lease arrangement. InterPrac can work with you and your client to drive business fundamentals.

In a changing business environment an InterPrac Fleet arrangements can free up the capital locked in the your customers fleet so that the customer can invest in their core business.

How does a Sale and lease back work?

  • The Financier will buy your clients existing fleet (either owned or financed) from the company using recognised industry guidelines for valuations or the written down value.

  • The Financier will pay out the finance on each vehicle or pay the client for the vehicles.

  • The vehicles are then leased back to the customers company under an operating lease agreement. This means we retain ownership and the residual risk of the fleet.

Benefits to the clients business are:

  • Risk free and Hassle free

  • Inject funds back into their business

  • Determine “whole of life” costs easily

  • One payment, once a month

  • Fully Tax deductible

  • Remove the current assets (motor vehicles) from your balance sheet.

  • Avoid any loss to your company due to the inadequate depreciation of these assets.

  • Introduce a product that will remove any residual risk to the current and future assets.

  • Adopt an outsource model to release the resources currently tied up in the day-to-day administration of your motor vehicle fleet.

Who is eligible?
Strictly ABN holders. Companies that need fleet for short period of time. Vehicles preferably to be to a maximum of three years old. Other circumstances please enquire with one of our leasing consultants.

Where can you start?

  • Identify customers within your portfolio who you have provided finance to or those that you know may benefit from a sale and lease back.

  • Minimum fleet opportunity is 1 vehicle.

  • We can assist you carry out an assessment of your client’s fleet, by simply contacting InterPrac. A Comprehensive fleet sale and lease back valuation will be organised for presentation to the client.

  • You can switch your client’s entire fleet immediately to a lease arrangement without any disruption to company or vehicles.

We are happy to discuss this offer further with you, please feel free to contact us on 1800 700 666.

Yours sincerely

Djamel Chettibi
National Leasing Manager
 InterPrac Finance Services Pty Ltd
Ph: 1800 700 666
Fax: 1300 361 587
www.interprac.com.au