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UTC LEASING

Posted 2099 days ago | Hits: 233 | Stock No: #1057
 
Rating: 0 ( 0 Votes)
State:   Lagos
City:   Amuwo-Odofin
City:   Lagos

UTC LEASING) FINANCE/OPERATING LEASE

OUR COMPANY
SERVIPOWER was registered and issued a Certificate of Incorporation in 2000 as a subsidiary of UTC LEASING
OUR SERVICES:
Our business objectives and core competences include the following:
Lease Finance
• Corporate lease finance – bridging our clients’ cash flow by assisting them acquire financial assets for their businesses (vehicles, computers, furniture, haulage trucks, Cranes/Heavy duty equipments, power generators etc.) through the option of finance and/or operating lease.
• Fleet management – providing and managing our clients’ fleet in a cost effective manner. This is done through the provision of our operating lease services which will involve the usage of our assets and subsequent payment of periodic rentals for a specified period of time or as required by the client. Under this arrangement, we take full responsibility for all repairs and maintenance costs.
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and gas engine generating set.
-Delphi injection
equipment service and spare parts sales.
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OUR PROPOSALS
Leasing is a step further to achieve efficiency.
We have core competence and skilled manpower in the business of equipment leasing, fleet management, logistics and vehicle rental repairs services. We are focused to providing customized services in the various areas of finance lease and operating lease/fleet management.
We have the capacity to provide various equipments for your company’s operations under the lease arrangements. We leverage on our wide contacts and affiliations and that of our investors to provide any equipment with its ancillary services. We are willing to provide your company with the following services.
• Lease of Vehicles (Cars and buses), Trucks, Forklifts, Cranes, Barges, House boats, Crew Boats, Tug barges, and Earth moving equipment under an operating/Finance lease arrangement.
• Lease of Computers, Air conditioners, Printers, Photocopiers, Compressors, and Generators of all sizes under an operating/finance lease arrangement
• Management of your existing fleet under a fleet management arrangement.
FACTORS TO CONSIDER IN A LEASE OR BUY DECISION
Should you Maintain Status Quo, The implications are;
• High number of aged and unserviceable vehicles/equipment
• High maintenance cost of these vehicles/equipment
• Delay in the commencement of full operations and possible expansion
• Increased sources of distractions as these would mean deviations from your core activity.
Making a buy Decision would mean;
• Immediate large Cash Outflow depending on the cost of the vehicles/equipment
• Denying your Company the opportunity of utilizing the fund in alternative investments.
• Increases in Idle Assets Portfolio when viewed as a portion of Total Assets.
• Reduces free cash flow available for the purpose of expansion of the Company and its other activities.
A Lease Decision has the following noble attributes;
• Zero/minimum Cash Out flow from the purse of the Company.
• Better Liquidity Management. Lease Rentals which are payable in arrears can be well planned and managed.
• Enjoying immediate benefit of expansion and modernization of the Company facilities while making future payments.
• Efficient balance sheet management.
• Ease of your cash flow for alternative ventures that are key to the day to day operations of the Company (i.e. salaries, allowances, educational materials etc)
• It enables the Company to make faster replacement decision on assets.
• Efficient management of the fleet of vehicles used by the Company.
Benefits to the Company
The convenience and opportunity to acquire earning and other assets with streamlined payments would lead to increased morale and higher productivity among your staff. Other benefits to your institution include;
• Preservation of liquidity as the Company will no longer bother with loans at a very low and unprofitable rate.
• Enhances staff loyalty and improve productivity.
• Reduction in financial burden of the staff thereby improving their health/ comfort.
• Reduced processing time for other benefits and less pressure on your system.
• Optimal resources management.
PACKAGE FOR THE STAFF:
In addition to the company package, we also propose to partner with your company in providing financial arrangements to support your staff in promoting their welfare Scheme through the acquisition of the following assets with convenient repayment terms.
• Generators to hedge against epileptic power supply.
• Air conditioners given the harsh weather condition.
• Computers and Laptops for personal and educational purposes.
• Motorcycles and cars to ease transportation problems,
• Household equipments.

TRANSACTION DYNAMICS
1. A formal letter of request is forwarded to UTC Capital signed by the Principal Officers of the Company.
2. The request letter is accompanied with a pro forma invoice from the supplier of the items and other documents listed in our corporate package.
3. UTC LEASING receives the request from your company which shall specify clearly the specifications of the asset requirements.
4. Capital reviews the request and approves the facility, which is then communicated in an offer letter to your company.
5. Your company receives and signs the offer letter and executes the lease agreement and other conditions precedent to draw down.
6.UTC LEASING on agreed covenants makes disbursement to the vendors according to your company’s specific priority.
7.
UTC LEASING takes comprehensive insurance on the vehicles/equipment before handing them over to your company.
8. For vehicles on fleet management contract, UTC LEASING assigns the vehicles to drivers, issues all safety accessories and dispatches them to user stations for commencement of duty.
9.UTC LEASING issues invoices for job done on 25th of every month, under fleet management.
10. Your company makes payments every 28th of the each month, under fleet management.
11.UTC
handles the documentation and monitors the transaction.
12. UTC LEASING equally reviews the fleet operations to align with the requirements of your company.

We offer to provide first class service with unparalleled professionalism to enable your company face the challenges of its core business. As mentioned earlier, we have the capacity to lease any equipment that will match your particular needs if we enter into formal agreement.

We anticipate a mutually rewarding business relationship and look forward to meeting with your good selves to activate the initiatives contained herein. Please call +2348026540698

Yours faithfully,
For: UTC LEASING .

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Contact Info
Contact Name: Olagbuyi  
Address: Utc leasing amuwo odofin
Phone: +2348026540698
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