RE: [rp-ml] Lease rates for RP systems

From: Charles Norton <cnorton_at_NCPLeasing.com>
Date: Mon Nov 24 2008 - 19:35:53 EET

Tim,

Thank you. I would add that credit quality is going to have tremendous
impact on any form of RP equipment finance (by either a lease or a
loan).

When GM, Lehman, Citi, Merrill Lynch, etc are either gone or close to it
the availability of credit is subject to much stricter standards. I
imagine that even a Service Bureau's local bank will tighten and look
for shorter term loans and down payments.

This economic environment is also putting even more pressure on the RP
vendors. A consequence could be shorter product cycles and increased
risk on residual values.

Charlie Norton
(513) 333-0221, x1

-----Original Message-----
From: owner-rp-ml@rapid.lpt.fi [mailto:owner-rp-ml@rapid.lpt.fi] On
Behalf Of Timothy J Gornet
Sent: Saturday, November 22, 2008 11:09 AM
To: chathamres@aol.com; rp-ml@rapid.lpt.fi
Subject: RE: [rp-ml] Lease rates for RP systems

Doug

Contact Charlie Norton at NCP Leasing. www.ncpleasing.com . He has
leased the majority of SLA, SLS, and even some of the other platforms.
He would be the most knowledgeable on it and the costs would obviously
depend on the residual value of the equipment at end of lease. Like
cars, not all systems have the same value at the end of the lease even
if the initial cost was the same.

Tim

-----Original Message-----
From: <chathamres@aol.com>
Sent: Saturday, November 22, 2008 10:56 AM
To: rp-ml@rapid.lpt.fi <rp-ml@rapid.lpt.fi>
Subject: [rp-ml] Lease rates for RP systems

What is the current interest rate to lease most RP systems?

Doug
Received on Mon Nov 24 19:44:37 2008

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