Today, smart equipment lease companies are updating their term sheets by requiring lease applicants to obtain an equipment lease payment bond. This specialized surety bond provides a solution to make lease payments to the equipment leasing firm should the lessee go into default on its lease payment obligation.
Stronger lease portfolios.
When leasing companies accumulate more bond-backed leases, their portfolio becomes less risky. A stronger portfolio, in turn, can make it easier to shop for financing, qualify for better terms, attract investment capital, and grow.
While money may be relatively inexpensive now, smart lenders are getting in on the ground floor as bonds are readily available. No-one can predict future economic cycles. However, leasing companies currently building low-risk bond-backed portfolios may be more attractive to financial underwriters and lease partners when the historically cyclical market begins to tighten.
To learn more, contact Unique Surety and Insurance Services, LLC at 561-429-3600 ext. 1001.
We've been underwriting for 40 years working with only the most reputable surety carriers nationwide.
We can get you the answers you need in a matter of minutes.
We offer sound business advice to help you build your bonded business.