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WrapLeases
WrapLease is an innovative program that allows lessees to "wrap" an existing lease along with new equipment purchases. Some benefits of WrapLease include:
- No money down on subsequent equipment acquisitions
- Makes acquiring equipment easier on cash flow than other financing options
- Simple one page lease supplement is all the documentation needed
- One monthly lease payment
Lease Qualification
Current lessees with at least 12 months good pay history qualify for the WrapLease program. Regal must be the originating broker in order to "wrap" the original lease.
Documentation
The WrapLease program requires no "special addendums". A one-page supplement can be utilized on all subsequent leases.
WrapLease Window
There are no strict refinance windows. Any lease can be "wrapped" after twelve months.
Pricing
The WrapLease program does not have any complicated or tedious pricing requirements. WrapLease will allow the lessee to take advantage of total exposure pricing.
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