UPGRADE WITHOUT PENALTY Avoid equipment obsolescence and disposal costs Exchange Plan is a flexible procurement and payment plan that allows you to replace a percentage of the original asset cost with new equipment at different periods of the rental contract. How does Exchange Plan work? Alleasing will purchase the equipment you need from your chosen vendor and then rent it to you for the negotiated term. If you choose to replace some of your equipment using Exchange Plan there will be no increase in payment, just a proportional increase in the length of the rental contract. At the end of the rental period you can continue to rent, upgrade the equipment, replace the equipment with new equipment, or return the equipment with no penalty or residual payment. The Benefits: Fixed regular payments, Upgrade more frequently though the use of a tailored exchange process, Greater flexibility – exchange what you need to, when you need to, Flexible end-of-term options, Reduced cost of ownership, Conserve cash – pay for use over time, Reduce ongoing paperwork – simple terms within a Master Agreement. Simplicity The Alleasing Master Agreement is a single document that is the foundation for a continual schedule of equipment exchange. Flexibility and Independence The Exchange Plan allows you to exchange or upgrade your existing equipment with newer, more productive technology. Alleasing is vendor independent, so you can choose your preferred supplier. We are focused on ensuring that you have the financial flexibility to have the technology you need, when you need it, to meet your operational needs.