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Message: To Peter - Leased torches

 

Dear Claude,

Thanks for posting.

As I mentioned in another post on this platform, ease time frames are varied and we will have to see when we get there.  To us it makes no difference. We get paid in full by the leasing company who makes their money leasing to our client…plus we get a cut of their fee.  So this is better for us.  We would account for the sale, and the money would be received, just like we would in a direct sale…all we have done with leasing is increase the pool of potential clients that’s all.

I have never thought about leasing refurbished torches, but I guess we could so long as we were honest about it up front.

Hope that helps,

Peter

 

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