NORWALK, Conn. — Boasting an efficient and cost-effective alternative to exiting a lease, LeaseTrading says its new program creates significant value for lessors, lessees, dealers and brokers.
The company has created the first and only full-service, neutral market for the transfer of equipment and vehicle leases, bringing liquidity to businesses and individuals alike, as well as risk management opportunities to lessors.
Serving North America and supported by its expert-managed trading desk, the LeaseTrading marketplace, located at www.leasetrading.com, facilitates the transfer of leases for not only trucks and automobiles, but also construction, office, computer and medical equipment.
Using its proprietary technology, LeaseTrading manages all aspects of the transfer process from initial listing of assets to exchange negotiation and contact with credit institutions and, finally, to logistics arrangements and asset delivery.
As the leading facilitator in the secondary leasing market, LeaseTrading is actively involved in standards-setting bodies and industry associations including the Truckload Carrier Association and the Owner/Operator Independent Drivers Association.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News