- November 13, 2017For years, the trucking industry has offered the Lease Purchase agreement to Contractors looking to become Owner Operators. As we’ve pointed out in previous Spotlight News articles, Lease Purchases offer a quasi-ownership proposition with high payments for what you are getting and little-to-no way to pay off a truck. These agreements are often fraught with risks for the Leasee as they are most definitely set up to benefit the Leasor.
- October 24, 2017For years, the trucking industry has offered the Lease Purchase agreement to Contractors looking to become Owner Operators. As we’ve pointed out in previous Spotlight News articles, Lease Purchases offer a quasi-ownership proposition with high payments for what you are getting and little-to-no way to pay off a truck. These agreements are often fraught with risks for the Leasee as they are most definitely set up to benefit the Leasor.
- October 18, 2017After attending the EGG (Expediter Group Gathering) in May of this year, Mick and Jennifer Henry took the Expediter Services Much Better Alternative (MBA) to truck finance and the Path to Ownership (PTO) the following month. They were revved up and ready to make the most of their new truck (a 2015 Cascadia) and their business by working for themselves with the support of Expediter Services.
- October 12, 2017October is an appropriate month for our latest Lease Purchase story involving Contractor Pam Ritche who lived through a true-life nightmare with scary maintenance costs and the horror of being caught in a Lease Purchase spider web with no support and virtually no chance to pay it off. Truly an appropriate subject for a frightening Halloween tale, except this one will have a good ending!
- October 4, 2017The Hub has been in the works since early this year, and is a part of ES’s recent office expansion. According to Jason Williams, President, Expediter Services, the new addition is more than just a place to visit. “We’re really excited about The Hub! ES has realized the need for a place where contractors can visit and relax, but it’s much more than that. The Hub is a place where people can get together to share thoughts and ideas. It’s a part of ES’s continuing effort to support this community. We want The Hub to be your lounge, where you Never Stand (or Sit) Alone.”As you’ve no doubt noticed, there’s a theme that runs throughout each of our stories: Lease Purchase agreements can be fraught with risks for the Leasee as they are most definitely set up to benefit the Leasor.