Keeping Up with the Bulls…and Bears

Few industries have greater financial stakes riding on their daily performance than Wall Street. So when a New York City-based equity-trading firm assessed its technology needs, it came up with a $500,000 shopping list for computer hardware and office equipment, software and other related soft costs. Unlike the firm's pre-existing leases with CalFirst Leasing, the owner's personal guarantee wasn't part of this transaction because of recent growth in the firm's revenues. Our credit analysis attested to the firm's improved financial performance, and led to a 36-month lease at very attractive rates. The lessee then made a seamless transition to its new technology assets, enabling investors to renew their hunt for the bulls…and bears.

An Open and Shut Case

For a multinational law firm headquartered on the East Coast, keeping track of client work in four overseas offices and more than a dozen domestic locations calls for state-of-the-art computer resources. The firm invests heavily in laptops, desktops, printers, file servers and related equipment for its 500-plus attorneys. In one phase of upgrading its equipment, which carried a price tag of $600,000, the firm's partners asked CalFirst Leasing for a flexible lease agreement that covered multiple products, multiple vendors and multiple locations. As is often the case, turnaround time on the transaction was minimal. As is always the case, our customer received the assets they needed, when they needed them, at a cost they could afford.

Boost Productivity Through Leasing

Keeping track of a far-flung fleet of trucks, especially when they're widely dispersed throughout North America, is essential for a trash collection and recycling company serving millions of municipal, commercial, industrial and residential customers. So when the firm faced replacing the radio communications system on its trucks at one location for a cost of nearly $250,000, management wisely turned to CalFirst Leasing. By leasing instead of purchasing, they're assured of being able to refresh their equipment when needed, thereby increasing productivity through more efficient scheduling of the fleet.

Putting it all together

It takes thousands of parts to make an automobile on an assembly line. It also takes a front-office culture using the latest in computer technology to keep up with sales trends, track inventory and communicate with suppliers. When one of the three top-selling automotive manufacturers in North America decided to refresh some of its laptop computers and related equipment, CalFirst Leasing knew just how to handle the unusual transaction. Although our customer's parent company is based overseas, we worked directly with managers in the domestic operating unit to structure an attractive lease financing program. An on-time delivery of the assets assured the customer of not missing a beat in the hotly contested auto market.