In our last email, we told you a bit about our CLASS Hybrid Lease and how it combines the best aspects of Dollar Buyout (DBO) and Fair Market Value (FMV) leases. But how exactly does a CLASS Hybrid Lease work?
The process has just three simple steps.
- First, the school will pay a fixed monthly payment over the term of the lease, keeping your costs low and consistent.
- Then, your school will own the equipment at Lease End, but you’ll return that equipment to CLASS for remarketing, meaning you won’t be stuck with outdated equipment.
- Finally, CLASS remarkets the equipment for top dollar through our vast network of buyers. Your school will receive 88% of all proceeds.
It’s truly that easy. You’ll always have the best equipment at incredibly competitive prices, and we do the hard work of remarketing once your lease is up.
So, why did we come up with this lease structure in the first place, and why are we so willing to give up almost 90% of our profits? We’ve worked in the educational leasing industry for over three decades, and we understand the challenges you face on the job every single day, especially now with COVID-19 in the mix. We want to do everything we can to relieve the stress and uncertainty you currently face, so you can focus on what matters most. For us, it’s not about the money; it’s about supporting schools in the best way we know how and exceeding expectations whenever given the opportunity.
If you’d like to discuss the benefits of a CLASS Hybrid Lease for your school, contact us today!
Best,
The CLASS Team
