At lease expiration, your tasks will depend on what your customer elects to do. Do they choose to renew, purchase, or just return and terminate? Each path has its own effects on the tactics you’ll need to execute, and the services you’ll provide.

Let us help you during this stage, interacting with your customers as if we’re actually employees of your company. We’ll take care of the details and make you look good!

Asset location tracking – Originators and lessors want to know where their equipment is, and we’ll track it. ELS needs to know too, so we can tax it properly from a sales/use and personal property tax perspective.

Product residual guidance and analytics – You’ll get the benefit of our historical data and perspective on residual values. Our guidance can help you craft the most profitable deals for you.

Contract modification processing – If the contract terms at lease-end need to be modified, we will handle any necessary changes and processing of those changes.

Chain of custody management – ELS will track assets by asset number as products move from location to location. We’ll manage the different touch points along the way.

Product packing and shipping – Instead of you having to worry about packing and shipping product to be returned, we’ll send our team out to do so.

Product testing and warehousing – At lease-end, if you don’t want the equipment back, you can send it to us. We’ll test and warehouse viable product in preparation for re-marketing for value recovery.

Secondary market selling channels – Our re-marketing business unit looks to maximize the resale value of your returned products, thereby maximizing cash returned to you when they sell.

Maximize return on investment – ELS attempts to utilize the optimal selling channels to maximize the return on your investment.

Maximize inventory turnover – We generally turn inventory within 30-60 days from date of receipt.

Inventory management – Every month, we’ll provide you with reporting of your inventory in our warehouse and its current value.