Customers of auspex systems inc a manufacturer of

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Unformatted text preview: file servers for networks, can apply for lease financing directly from Auspex’s Web site. Instead of filing a paper application and waiting about 30 days to learn whether they have obtained financing, they can file in about 10 minutes, receive realtime credit scoring and credit decisions, and gain access to a network of potential funding sources. The software, developed by Ampent Inc., automatically analyzes and processes the applications, sending to lessors only those applicants that meet its credit standards. This new service EXAMPLE Hybrid and Derivative Securities also enables customers to calculate monthly payments instantly, customize payment plans, generate finance documentation, and view their account status online at any time. “Leasing our file servers can offer significant advantages, ranging from lower-cost financing to conservation of working capital, better cash flow management, and tax benefits involving accelerated depreciation,” said Peter Simpson, CFO of Auspex Systems. The speed and simplicity of online application and loan...
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This document was uploaded on 01/19/2014.

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