How Does Your Lease Process Compare?
Equipment Lead Times
Slowdowns in the lease process can mean frustrated customers, frustrated finance administrators, and frustrated dealer principals who wonder why deals fall through and growth isn’t meeting expectations. None of that is good for a finance administrator’s peace of mind – or for business. And the first step in fixing it is knowing where the biggest trouble spots are.
To help you gauge your lease process against the competition, here are some averages compiled from a survey of over 380 office technology finance administrators:
How are you doing against these averages? LEAF works every day to treat each customer request as urgently as you do. If you’d like to learn more about how we can help you beat these benchmarks, support stronger sales, and simplify your life as a finance administrator, contact your LEAF Account Champion today.
Terms and Conditions: All applications are subject to credit approval. LEAF finances equipment for business purposes only and not for personal, family, or household use.
2.4 Days
Customer Completion of Documents
3.2 Days
Customized Lease Quote
3.3 Days
Request to Meet with a Lease Rep
6.8 Days
Customized Underwriting Request
4.2 Weeks
Order to Delivery/Installation
3.8 Weeks
Lease Quote to Document Signature
10.2 Days
Document Completion to Funding the Lease
7.4 Days
Customized Lease Document Request