Letter of Credit (LOC)

A pledge by a bank, or other financial entity, made on behalf of a tenant for funds to be demanded by a landlord in the event of a default pursuant to the specific terms of a lease agreement. Many landlords require a "Letter of Credit"" for companies who lack substantial financial history or assets."
»View more definitions from our leasing glossary

LeaseMatrix is the most user-friendly lease analysis application ever created.

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How we compare to the competition.

LeaseMatrix
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Cost to use
Cost per month and/or year
$29/mo
or
$295/yr
$750/yr $495/yr $45/mo
or
$432/yr
$59/mo
or
$399/yr
Industry standard calcs
Net Present Value, Effective Rent, Cost per Rentable Area, Average Monthly Cost, Average Annual Cost, Average Base Rental Rate, Total Deal Cost
Access through web browser
Access from any computer. Compatible with Chrome, Firefox, Internet Explorer, Safari or Opera web browsers.
100% tablet compatible
Access using an iPad or Andriod device, with no need to change your browser settings
Elegant web-based reports
View all reports online, using any web browser
Update reports in real-time
Revisions are immediately reflected in all web-based reports
Color-coded maps & charts
Our reports include color-coded maps and charts making them more intuitive and easy to read
Single click exports
Export every report to PDF or Excel with one click
 

Create elegant, easy to understand lease analysis reports.

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User Friendly Software

Don’t be limited by software licenses, downloads or updates. LeaseMatrix’s website allows you to easily summarize every lease proposal – anytime, anywhere.

Share & Collaborate

Share every report securely. Part of a larger team? Easily collaborate with team members. Client in another state? Email a secure link to the report which they can access anytime.

Real Time Updates

Web-based reports allow for real-time updates. Gone are the days of people using old reports after the deal has changed. LeaseMatrix helps everyone stay on the same page.

Dynamic Calculations

Our software calculates all the industry’s standard calculations automatically, including: Effective Rental Rates, Net Present Value, Average Monthly Cost, Total Cost Per Annum and more.

Interactive Charting

Every report includes an interactive chart which graphs the costs of each lease proposal allowing for quick comparisons and decisions.

Google Mapping

LeaseMatrix automatically maps each building’s address, allowing viewers to immediately identify each property’s location and its surroundings.