Introduction to the Purelease Global Lessor Network Marketplace
The Global Lessor Network Marketplace (herein after referred to as the GLN) is a PureLease application, powered by LeaseAccelerator. The GLN is an extensive network of Lessors ready to provide lease financing at a competitive rate.
The GLN is free to join and bid on new lease opportunities. It significantly lowers the cost of sales by delivering highly qualified lease requests directly to the Lessor. The Lessor gains access to millions of dollars of leasing volume. Regardless of the equipment, from computers to machinery to aircraft, the GLN allows Lessors to compete for Lessees actively seeking financing. The network is made up of more than 500 banks, vendor captives, and independent leasing companies and is growing every day.
The GLN is integrated with the LeaseAccelerator enterprise lease sourcing application, allowing Lessors to compete for business anywhere in the world. Registered and approved members of the GLN get new lease opportunities that match their Lessor profile.
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Registering with the GLN is an easy process, explained below.
Step |
Action |
|---|---|
1 |
Navigate to www.purelease.net and complete the short launch form with your company name, your name, and your work email address. |
2 |
Once the form has been submitted, look for an email message from the GLN. You may need to check your junk/spam folders. |
3 |
The email will prompt you to login to LeaseAccelerator (www.leaseaccelerator.com/lease_accelerator),our web-based software service for managing leasing transactions around the world. Note: Please use the link contained in the email within 12 hours of receiving as it will take you directly into LeaseAccelerator to create a password and review the site’s Terms of Use. |
4 |
Once you’ve logged in and created a password, you are taken to the Marketplace Profile workspace. |
5 |
Start with the Contact Info tile and populate all relevant fields. Note: Red fields are required. |
6 |
On the Company tile, complete information regarding your company. |
7 |
The next two tiles collect data which are the main determining factors in what Request for Proposals (RFPs) will be sent to you for consideration and bidding. Use these tiles to outline what and where your company is interested in providing financing for. Note: Please take your time and be specific with your selections as the information will not only be used to determine what RFPs you receive, but LeaseAccelerator also uses the information to run reports and analytics to provide to our customers. If you do not lease certain types of equipment or do not lease in certain geographical locations (Geos), please do not select those boxes. These sections in particular will be reviewed during the phone interview performed by the LAS Staff from our Sourcing team. On the Market tile, enter information on what types of deals you are willing to consider. This includes deal sizes, lease types, equipment types you would consider financing, as well as target industries. |
8 |
On the Preferences tile, choose the type of business, credit rating, geographic area and regions you are willing to finance in. |
9 |
On the Summary tile, review everything you have entered, ensuring all required fields have been populated. |
10 |
Click Save. |
Phone Interview
Once you have completed and saved your profile, an email will be sent to LeaseAccelerator staff, who will then review your profile and contact you for a phone interview.
Example of email that will be received once the profile portion has been completed by the potential Lessor:
Approval
Once LeaseAccelerator staff has performed a review, possible phone interview, and determined you are a good fit for the GLN, your profile will be approved.
Example of an email you will receive once your profile has been approved:
Once the profile is approved, you will begin to receive RFP’s that are released by our customers that fit the selections you made in your profile.
At any point, you can login to LeaseAccelerator and update your profile to match the changing needs of your company.
Anytime you login to LeaseAccelerator after you have completed and saved your profile, you will need to make sure you use Marketplace as the company name on the login screen and not your company name. Your username is generally what comes before the @ sign in your email address.
Example of the body of an RFP email sent out from LeaseAccelerator: