Does anyone have experience getting relief on a capital lease

by a professional from Harvard University - Harvard Business School

4 years ago

We have printing equipment on capital lease with Xerox.  This is our primary manufacturing equipment.  C-19 has me looking for ways to preserve cash.  We want to keep the equipment operational onsite, but I am looking for ways to reduce my monthly cash expenditure.  Has anyone had any luck getting terms of a capital lease renegociated?

2 likes
98 views
3 comments

searcher from University of Alberta

Peter - they will probably look for you to go interest only for a certain period (say 6 months) and then restart the capital lease where it kicked off. Another option that will be more advantageous for you is to ask for an actual payment deferral and then restructure the lease schedule to commence in the future with the deferred payments added to the principal amount. Either way you will pay for it somehow, but those two options will help save some cash.

4 years ago | like reply | 0 likes

searcher from Texas Tech University

I was able to secure payment deferrals until July.

4 years ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

Investor seeking Self-Funded Search Deals

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.