City Skyline
City Skyline
Avoid Business Bankruptcy | Negotiate Secured and Unsecured Debt MCA | Leases | Vendors | Loans | Since 1998
           Avoid Business Bankruptcy | Negotiate Secured and Unsecured Debt  MCA | Leases | Vendors | Loans | Since 1998  

Negotiating Business Equipment Leases

We negotiate all types of equipent leases. Don't do anything before you speak to one of our experts to learn more about how we can help you make your lease payments more affordable. 

                As an example, here is question #11 from our negotiating quiz:

 

Operating assumption: 

 

You want to stay in business but your company’s cash flow is extremely

tight and you’re seriously past due with your creditors.

 

Situation:

 

You have not been paying your equipment lease. The leasing company tells you that they are coming to pick up the equipment which they have a lien on.

You no longer need the equipment.

 

 

Which is your best option?

 

A: Surrender the equipment.

B: Do not allow them to pick up the equipment until they tell you how much             you’ll owe them after they pick up the equipment.

C: Refuse to allow them to pick up the equipment.

 

 

Explanation for question 11- Factors to keep in mind:

 

  • The more a creditor wants what you have, the more bargaining power you have.
  • If you give them what they want without getting any concession, you give up your bargaining power.


The right answer is: C. Refuse to allow them to pick up the equipment.

 

  • Just because you don’t need the equipment doesn’t mean you should unconditionally surrender it.
  • You have more negotiating leverage when you have possession of the equipment if the equipment is worth something to them.
  • You need a written settlement with the payment terms you agreed to before you surrender the equipment.

 

                                           Talk to an expert:  855-708-2672

 

$160,000 settled for $67,000, a $93,000 savings. " I'm happy to say I'm still in business after all these years "

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Secured and Unsecured debts ok

Free Consultation: We will examine your payables, discuss the threat levels, show recent settlements with your creditors and tell you how we would solve the problem - This alone is priceless if you are in trouble- How can we do this?  We have settlled over 50,000 debts in 18 years. Call us now for a free consultation:  

855-708-2672

 

 

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