Published on July 27, 2014
Off Lease Construction Equipment and Commercial Vehicles: Off Lease Construction Equipment and Commercial Vehicles Axis Capital Inc PowerPoint Presentation: In today's wobbly economy, the startup and seasoned business has an exceptional chance to obtain a smart deal for off leases and repos for commercial trucks and construction equipment. Because of the tightening economy, several lenders have superfluous inventories on their books that they must put back on the street, many complaints arises. These in-house inventories are non-income generating, thus putting weight on the lender to make a agreement with the consumer. These deals can be seen in the price, the financing or a combination of both. An off lease commercial vehicle and/or construction equipment has been reverted to the lender as the lease has perished. The leaseholder has made a choice to return the item to compensate for working out the buyout decision. AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE has arisen due to a default of the lessee for nonpayment terms or a violation of the terms of the lease. In both cases, the lender has taken these trucks and/or equipment back or now must recondition the items and either sell these items or re-lease them. The lender will either promote their inventory by their internal sales power or external professionals like brokers to change their inventories as fast as possible. Occasionally as these inventories either maintain or whatever reason isn't stirring, the lender may put these items up for auction. PowerPoint Presentation: Dump trucks, flatbed trucks, grapple and landscape trucks, fuel and lube trucks, bucket and boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks, dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers, crawler tractors, forestry equipment, excavators, forklifts, and other type loaders. Builders include Peterbilt , Kenworth , Mack, International, Freightliner, Ford, Volvo, John Deere, Case, Caterpillar, Kobelco , Great Dane, Etc. Some of the means the startup and/or seasoned business can discover these contracts are done by trade publications, surfing internet search engines, communicating lease brokers for information and talking to lenders straight. Most of the lenders in the market have publicized personal credit qualifications as low as 575, previous bankruptcy rules corrected or overlooked and startups welcome. Furthermore, the front money to begin the lease can start as low as first payment to whatsoever you might capable of negotiating. There are no financial statements, income tax returns or bank statements required. To put it briefly, this is a buyers’ market for commercial trucks, trailers, and construction equipment. PowerPoint Presentation: AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE also service Southeast Asian countries such as KL Malaysia, Jakarta Indonesia, Bangkok Thailand and many more .