Seamlessly monitor contracts, loans and leases
Financing contracts made easy with Fame Rental software.
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| Fame Rental now features fully integrated capabilities that allow rental businesses to seamlessly handle financing contracts, manage loans, and monitor the leases on equipment and other assets. |
As the only truly modern asset-centric, web-enabled, comprehensive rental management software, sources report that Fame Rental now features fully integrated capabilities that allow rental businesses to seamlessly handle financing contracts, manage loans, and monitor the leases on equipment and other assets.
Not available in other software platforms, the Fame capability is vital for rental businesses because it combines lease accounting with ASC 842, automatically classifies short- and long-term liabilities and allocates interest expense to each asset with each payment. Ultimately, rental businesses benefit because they can better manage equipment amortization, acquisitions and disposals of financed equipment.
The upgrade to Fame’s Financing Management capability sets the stage for the upcoming FameAir Lender Portal launch. Like the FameAir Customer Portal, the FameAir Lender Portal will allow select lenders to have controlled access to information required for periodic compliance reporting.
Fame Rental software tracks every aspect of each piece of equipment throughout its lifecycle, ensuring the business hits the most profitable sweet spot for each step. The FameAir web application provides real-time information to anyone, anywhere, at any time.
Fame Rental will be located in booth 4457 at The ARA Show 2024.
PRO CONTRACTOR RENTALS MAGAZINE
Pro Contractor Rentals provides information of value to rental centers who focus time, resources and attention on meeting the demands of construction contractors and other equipment rental customers.
