Chesapeake Industrial Leasing Co., Inc.


Why deal with Chesapeake Leasing?
  • We are a company designed to provide personal service to the vendor.
  • We are available at all times.
  • We have frequent contact with our vendors.
  • We are eager to call on the vendors' customers as requested.
  • We will hand carry documents to the customer when possible.
  • We will work with the vendor sales force; teaching them to use leasing to close sales.
  • We will keep the vendor informed of the progress of the application after it is submitted.
  • We provide a 24 hour response to credit application.
  • We will make payment to the vendor immediately upon receipt of delivery and invoicing.
  • We will go out of our way to serve you.
  • We believe service and flexibility is our greatest asset.
  • We are experienced in doing Municipal and Federal transactions.

 

Advantages of Leasing
To Salesman and Vendor:
  • Overcomes dollar objections - helps close sales
  • Allows customer to obtain equipment at once
  • Enables client to buy bigger or better equipment
  • Gives you ability to make multi-unit sales
  • Helps avoid discounting
  • Supplies you with rapid credit decisions
  • Pays your invoice in a timely manner
  • Eliminates financial risk

 

The Lease Process
When your customer agrees with your recommendation to lease their equipment, the following steps will complete the sale:
  • Apply for credit approval
  • A credit decision is issued
  • When the credit is approved:
    • We produce all lease documentation based on the final equipment list and price
    • We overnight or hand deliver the documents (with signing instructions) directly to the end-user or to you, based on your instruction
    • The equipment vendor provides Chesapeake Industrial leasing with the final invoice ( a fax copy will expedite processing)
    • We issue payment upon installation and acceptance
    • The lease commences and the payments begin, generally, the following month or based upon any customized terms structured for the end-user

 

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