Managing the Financial Side of Commercial Fleets

Fleet FAQ? Fleet Management & Leasing

Q. Why is it Important to Have the Option of a Customized Lease?

February 5, 2018, by - Also by this author

A. One size does not fit all when it comes to lease structures. Everything from accounting practices to capital availability, and even cash flow affects what will work best for you. A flexible structure that helps your company mitigate asset risk early in the lease is essential. Lifecycle management, how long you plan to run vehicles, is also something to consider when evaluating your choices. Additionally, you should have options including closed-end and open-ended leasing. Not all FMCs are flexible when it comes to leasing plans, so it is important to know up-front what plans are available when evaluating a partner.

Author Bio

Jack Firriolo

sponsored by

Chief Operating Officer

Jack Firriolo is the Chief Operating Officer at Merchants Fleet Management. As a member of senior leadership Jack not only provides vision for the company, but also delivers best-in-class results across all operating areas. As a business industry expert Jack is relied on to oversee the completion of information technology projects, and to help grow the Merchants Fleet Management brand.

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