Residual values
Why residual values matter and how they are calculated?
Dan Hakkak, Senior Asset Manager for Lombard Technology Services, explains how Lombard sets residual values
and why they matter.
You can also read the audio description for this video below.
What experience does Lombard have at setting residual values?
At Lombard we have been specialising in IT funding for over 25 years. We understand all of the challenges faced by the modern IT department
and are familiar with technology lifecycle. We use our experience to help customers define their own technology strategy to ensure they meet
their business objectives. We have an in-house remarketing department selling thousands of items internationally meaning that we really
understand secondary values and allow our customers to leverage the benefits of our experience by offering lease terms tailored to our
customers’ needs. Our specialist asset management function continually research new technologies and use our experience to ensure we
offer our maximum investment.
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