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George Parker
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| George Parker is a co-founder, Director and Executive Vice President of Leasing Technologies International, Inc. ("LTI”). Mr. Parker has been active in secured lending and equipment financing for over twenty years. An industry leader, he is a frequent panelist and author of several e-books and articles pertaining to equipment financing.
Headquartered in Wilton, CT, LTI is a leasing firm specializing nationally in direct equipment financing and vendor leasing programs for emerging growth and later-stage, venture capital backed companies. More information about LTI is available at: http://www.ltileasing.com.
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Many lessees enter into what they believe to be competitive lease transactions based on faulty rate assumptions. Most lease rate calculations don’t take interim rent into consideration. Interim rent is the trap door that allows lessors to receive increases in lease pricing. It is unpredictable and the amount is arbitrary. By understanding how interim can impact your lease, you can close this trap door and enjoy the lease pricing you thought you negotiated.
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