A 90 Day Trial Program allows prospective customers to try equipment before making a final purchase or lease commitment. The Trial Lease is a powerful sales closing tool for potential customers who may be skeptical of either the performance or expense of the equipment. Both new and established Vendors who are introducing new products often find that a Trial Program is the best way to increase acceptance and integration of a new product.
A customer is typically offered the standard 24, 30 or 36 month lease term, with the additional 90 day trial period added to the beginning of the term. At the end of the 90 day trial period, the standard lease terms automatically become effective unless notice has been provided to Sunrise. If the customer wishes to purchase or return the equipment, they may exercise these options only prior to the end of the Trial Period.
If the Customer chooses to purchase the equipment, a portion of the payments are credited toward the purchase price. Past experience has indicated that if the program is properly used, 95% of the customers continue with the lease or purchase the equipment.
