This is all thru our company. We own the equipment when the lease is
over. Right now, after doing this for 5 years, we still have about 85%
of our original CPE in the field.
Travis
Microserv
Peter R. wrote:
Who's credit is used?
Does the customer do the leasing?
Are they signing a lease agreement?
If so, what happens if they have bad credit?
- Peter
Travis Johnson wrote:
And thus my argument (and proof of concept) for leasing the CPE...
going on 5 years now with leasing and we could do 1,000 installs per
month (assuming we could get the man-power, vehicles, tools, etc.) if
we wanted.
The other difference is we aren't using VC money or ANY outside
investments... when we install a new customer, $39 per month is our
starting package. $10 per month goes to pay for the CPE equipment. I
don't have to come up with ANY money out-of-pocket, AND the
installers time, vehicle expenses, gas, tools, etc. are paid for by
the customer. So, it doesn't cost me a dime to install a new
customer. :)
Travis
Microserv
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