Lease Alert-avoid the equipmentleasing rip-off.

Many businesses are paying 20% to 30% too much for equipment leasing. Now, a leasing industry insider reveals the secrets on how to save big money on your next equipment lease. Find out the real interest rate you are paying and how to negotiate a better deal.

PRESS RELEASE               FOR IMMEDIATE RELEASE

Contact: Ted Parker               December 5, 2002
   626/462-0060       Voice
   626/462-0070        Fax

Lease Alert introduces a new service to help businesses save money, get more favorable terms and avoid leasing scams when they lease equipment.

Arcadia, CA -- December 5, 2002 Lease Alert has introduced a new, money saving, report to help businesses assess the true cost of equipment leasing and help them negotiate a better deal on their next lease. Over seventy percent of all businesses lease some of their equipment and each year over thirty percent of all equipment acquired is financed via an equipment lease. Despite the popularity of this $200 billion + industry, leasing remains somewhat of a mystery to many businesspeople.

The Lease Alert report contains an easy to use, built-in interest rate calculator to determine the real cost of leasing that in the past has often been very hard for non-finance people to calculate. Another major feature of the report is a real-time Lease vs. Buy analysis template that will help the business person arrive at the best financing alternative for the equipment acquisition. Proven negotiating strategies are detailed to give the business person a level playing field when it next comes time to finance equipment. Other features include how to check out the leasing company, what to look for in a lease proposal, document samples and leasing perils to avoid.

Lease Alert was developed by experienced leasing professionals to help the business person analyze the pros and cons of equipment leasing and arrive at an informed, cost-effective decision about the best financing alternative and the real cost. For more information, contact: Ted Parker at 626/462-0060, email lselrt@hotmail.com or visit the company website at www.leasealert.net.

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