Strategic Alliance Partnerships
A wide variety of Strategic Alliance Partnerships (SAP) have been arranged to help facilitate the delivery of the highest level of value possible for L.E.S. customers. SAP arrangements cover all of the Acquisition - Maintenance – Exit phases involved in the total enterprise solutions offered by L.E.S. Likewise, material handling and supply chain oriented product/service providers throughout the industry that have demonstrated solid value for their customers are also part of the SAP network.
Acquisition Phase
Financial institutions that provide Equipment Leasing programs are the primary alliance partners cooperating in this phase of the program. Equipment leasing options involve both new and used equipment leases.
New equipment leasing partners support L.E.S.’s “Guaranteed Lower Lease Payment” program, wherein the SAP supports L.E.S.’s 5% increase in lease end residual value, over and above the leasing company’s competitive leasing rate structures, resulting in a 5% lower monthly lease payment for the customer. This added residual amount option is backed and guaranteed by L.E.S. and fully supported by the financial institutions.
Strategic Alliance Partners are:
- U.S. Bank
- Chase Manhattan Bank
- Direct Capital
- Atlas Frontier Inc.
Maintenance Phase
During this phase the alliance partners involve businesses that have supported the L.E.S. business model by providing volume discounted pricing, which is passed on through to L.E.S.’s customer base. These businesses have provided for lower labor, parts, accessory, rental amd operator training pricing.
These vendors are too numerous to mention, however, examples are:
Dealerships and/or vendors for major manufacturers such as CAT, Clark, Crown, Daewoo, Hyster, Hyundai, JLG, Jungheinrich, Komatsu, Linde, Manitou, Mitsubishi, Nissan, Raymond, TCM, Toyota, Yale, etc.
Batteries, Tires, Parts & Accessory business examples: DC Power, Intrupa, Maine Rubber, Monarch Tires, Promatch, SMH, STARLIFT.
Exit Phase
In addition to the multitude of maintenance/service vendors mentioned above, which are utilized to help control the cost of condition reports and other final preparation details during the exit phase, the strategic alliance partners within this part of the program involve financial institutions that provide leasing options on used equipment, wholesale equipment dealers and wholesale auction outlets.
The leasing company alliances are listed in the Acquisition Phase section. Others include:
- National "Wholesale" Network of Forklift Dealers
- National "Manufacturer Specific" Network of Forklift Dealers
- Atlas Frontier Auctions
