Engagement Objectives:

Rapidly (within 90 days) pinpoint financial waste within existing lease portfolio and loan obligations.
Identify opportunities to increase EBITDA.
Advise client on resolving conflicts between leasing contracts and asset “keep/replace/disposal” game plan.
Benchmark pricing, set standards and compliance methods on a go-forward basis with all lease providers.

Engagement Objectives:

Lack of availability of accurate and complete lease documentation data.
Unclear, undetermined, equipment useful life strategy, creating an internal culture of indecisiveness.
Capital approval budget timing was “out of sync” with lease expiration dates, equipment useful life, and rising repair and maintenance costs.

Client Results

$1.1 million in savings by paying off egregiously high interest rates.
$4.2 million in net asset gain by purchasing $4.7 million in equipment from lease provider for $500,000 in cash.
Accelerated the termination of 600+ assets in lease extension.
Accelerated the termination of 600+ assets in lease extension.

For more information please contact:

Todd Wyles

(443) 629-8871

twyles@optimusgroup.com

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