Server: Netscape-FastTrack/2.0 Date: Fri, 19 Dec 1997 17:24:37 GMT Accept-ranges: bytes Last-modified: Fri, 15 Aug 1997 23:11:01 GMT Content-length: 10421 Content-type: text/html financialprograms


For more information, call 1-800-688-1111


| ER Home Page | PCs & Workstations | Test & Measurement | What's New | Used Equipment | Sales Offices |
|
Why Electro Rent | Financial Programs | History & Philosophy | Stock/Financials | Feedback & Literature |


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

Economic solutions for short-term rentals--from one week to one year

Long-term leases from one to three years with the option to upgrade at preset points

Options to purchase, at a predetermined price based on a fixed equity accrual each month, or fair market value

Immediate Availability of warranted name-brand equipment

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