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Electro Rent: Your Tool for Managing Computer Technology
For the last 30 years, Electro Rent customers have shaped our products and service philosophy into a valuable tool for managing technology. In short, we have become the nation's leading computer/workstation rental company by listening to, and complying with, your desires.
Programs With Horsepower
SHORT TERM RENTALS
Economic solutions for short-term rentals--from one week to one year
OPERATING LEASES WITH OPTIONS
Long-term leases from one to three years with the option to upgrade at preset points
RENTALS WITH OPTIONS TO PURCHASE
Options to purchase, at a predetermined price based on a fixed equity accrual each month, or fair market value
USED EQUIPMENT SALES
Immediate Availability of warranted name-brand equipment
NEW EQUIPMENT SALES
For the latest in Technology--delivered NOW!
Acquisition Alternatives
RATES
DURATION OF NEED
COMMITMENT
AVAILABILITY OF TECHNOLOGY
FLEXIBILITY
OBSOLESCENCE FACTOR
SERVICE
EQUITY PURCHASE OPTION
STRAIGHT RENTAL
Based on Term and Volume
Short- Intermittent
None
Choice of latest
Ultimate: Return equipment at any time
None
Provided by Electro Rent
Electro Rent can provide buyout quote at any time
RENTAL WITH EQUITY
Based on Term and Buyout Option
Medium to long: maybe ongoing
Minimum of six months
Equity accrues to equipment on rent
Moderate: Customer is not committed to purchase
Moderate
Provided by Electro Rent
Yes: Equity varies based on term- 85% maximum
OPERATING LEASE
Lowest can be structured for FASB conformance
Medium to long: ongoing but uncertain
Yes: to term 12-36 months
Can upgrade during term
Good: Can add equipment at any time on master lease
None to little
Service option available
Can purchase at end of term for F.M.V.
FINANCE LEASE
Based on Term and Buyout Option
Ongoing
12-60 months financed sale
Purchase of current technology
Little: Committed purchase
Moderate to high, depending on term
Mfr.'s warranty
$1.00 or 10% buyout option
USED EQUIPMENT SALES
Competitive prices; specials and volume discounts available
Ongoing
Sale is final after acceptance period
Purchase current or older technology
Little: committed purchase
For customer who may not need latest technology
Warranted: extended service available
Not applicable