What is the primary role of an Independent Sales Organization (ISO) in leasing?

The primary role of an Independent Sales Organization (ISO) in leasing is to facilitate lease agreements. ISOs act as intermediaries between lessors and lessees, helping to streamline the leasing process. They often assist in marketing and presenting leasing options to potential clients, provide customer service, and may handle some administrative aspects of the leasing transactions.

By working closely with both lessors and lessees, ISOs play a crucial role in ensuring that lease agreements are matched effectively to meet the needs of both parties. This facilitation can involve educating clients about different leasing options, guiding them through the application and approval processes, and ensuring timely communication throughout the leasing transaction.

The other roles mentioned, like auditing lease agreements, evaluating lease defaults, or managing leasing assets, are typically not the primary responsibilities of an ISO, as these tasks often fall under the purview of lessors or specialized finance departments.