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Customer Change in Rollover Quotes (Doc ID 2231833.1)

Last updated on SEPTEMBER 27, 2021

Applies to:

Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.


Business Background

Lessors rely on the ability to refinance termination amounts as a key component of their upgrade and upsell strategies. For lessees, being able to lease new equipment without having to incur in cash outlays associated to the termination of current contract is a powerful renewal incentive.

OLFM offers the ability to refinance terminations through rollover and refinance quotes. While refinance quotes are not associated to equipment upgrades, rollover quotes are designed to refinance termination amounts in upgrade or upsell contracts.

In some business scenarios, usually associated to mergers and acquisitions, lessors require that the termination amount in a rollover quote be refinanced in a contract with a different customer.

This document describes enhancements to allow rollover quote amounts to refinanced in contract where the customer is not the same as the contract from which the termination is derived.




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