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Thread Index Re: [isp-wireless] lease company
Similar exp with Preferred Lease mc On Wed, Jul 2, 2008 at 10:15 PM, Rudy Yakym <rudy@...> wrote: > Thanks, Travis. I have passed this onto our finance guys. > > Rudy > > -----Original Message----- > From: Travis Johnson [mailto:tlj@...] > Sent: Wednesday, July 02, 2008 9:53 PM > To: isp-wireless@isp-wireless.com > Subject: [isp-wireless] lease company > > Hi, > > As someone who has done over 50 equipment leases over the last 10 years, > I would like to share my experience with one. Business Direct Capital > seemed very promising, and had good rates. Even their "quote sheet" that > they made me sign looked good, except it was missing the "type" of lease > ($1 buyout, 10% buyout or FMV). I wasn't worried as Rick there seemed > like he was on the ball. I had emailed him saying I wanted $1 buyout > (that's how we do ALL of our leases). > > Two days later when the "real" lease documents show up, the lease > numbers were correct, but the "type" of lease was 10% buyout (thus > raising the interest rate by 3%). After several emails back and forth, I > decided it was going no where and found another company (one that Rick > had no problem bad-mouthing). They completed a new lease in less time, > at a better rate (Taycor Financial, Drew is the contact). > > Now today I am getting an invoice from Business Direct Capital for 15% > of the original total lease amount as a "fee" for not completing the > lease. Of course, we will not be paying it and will have no further > contact with them at this point. > > This is just a "heads up" about Business Direct Capital. Stay away. > There are plenty of other good leasing companies that don't try and pull > a "fast one" on people like they tried here. > > Travis > Microserv > > To unsubscribe via postal mail, please contact us at: > Jupitermedia Corp. > Attn: Discussion List Management > 475 Park Avenue South > New York, NY 10016 > > Please include the email address which you have been contacted with. > > Copyright 2007 Jupitermedia Corporation All Rights Reserved. > > > > To unsubscribe via postal mail, please contact us at: > Jupitermedia Corp. > Attn: Discussion List Management > 475 Park Avenue South > New York, NY 10016 > > Please include the email address which you have been contacted with. > > Copyright 2007 Jupitermedia Corporation All Rights Reserved. > -- Marco C. Coelho Argon Technologies Inc. POB 875 Greenville, TX 75403-0875 903-455-5036 To unsubscribe via postal mail, please contact us at: Jupitermedia Corp. Attn: Discussion List Management 475 Park Avenue South New York, NY 10016 Please include the email address which you have been contacted with. Copyright 2007 Jupitermedia Corporation All Rights Reserved.
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