According to research 80
percent of US companies lease some or all of their equipment, and
according to the US Department of Commerce, currently 31 percent
(approx. $180 Billion) of all capital equipment is acquired through
leasing.
There is no question that
leasing will help your company sell more equipment, adding value and
convenience for your customers and profitability to your business.
This has been confirmed over and over again by the top tier of
successful vendors selling all types of commercial and industrial
equipment. A vendor that brings a financing option to its customers
can avoid delays and is in control of the sale.
We have one of the most
successful vendor programs in the industry. We have programs that
can fund transactions from $1,000 to $25,000,000 and can include
nearly all types of
equipment.
We understand the competitive marketplace for vendors and the need
to not only win customers but also keep them by developing long term
relationships. It's all about ease with which your customers can
acquire products from you and get the financing all at a single
source through a seamless process. Some unique benefits of our vendor program
are as follows:
· Flexible Lease
Programs
·
Dedicated Account
Manager -
·
High Approval
Ratios
·
Competitive Rates &
Flexible
Payments
· Quick Turnaround on
Credit Decisions
·
Simple Documentation
·
Pre-funding 50% In Most
Cases
· Efficient Funding
Process
·
Status
Reports
·
Private Label
Programs
Flexible
Lease Programs We
have Lease
Programs
that can accommodate the needs of all types of businesses. For
example we can quickly process a $1,000 lease application and a
$300,000 equipment acquisition all as part of our normal business
activity. We have plans for extended lease terms of up to 84 months,
"Application Only" plans which require no financial statement up to
$50,000, and equipment loan programs all under one roof.
High Approval
Ratios We are a one-stop shop for all your customers.
We are in a very unique position to accommodate A, B, C
and marginal credit deals. As a result we have approval ratios. We
maintain relationships with major funding sources in the
industry at rates that are very competitive. Each funding source has
its own credit criteria; and therefore, there are very few
transactions that cannot be approved.
Competitive
Rates & Flexible Payment Plans Our rates are very
competitive based on the US Treasuries. This makes the payments to
your customers very affordable and alleviates the "sticker shock"
for your customers. In addition we have various flexible
payment plans to meet the
cash flow challenges of your customers.
Dedicated
Account Manger An account manager shall exclusively be
assigned to design and implement your lease program. We are staffed
with the best lease professionals in the industry to complement and
enhance your sales effort. The account manager shall be your key
point of contact and shall constantly keep you updated on the status
of all your lease applications and assist you and your sales staff
in closing more deals.
Quick
Turnaround on Credit Decisions The credit approval
process is generally one day or less. It is our steadfast commitment
to all our vendors to provide timely response on all applications.
Occasionally additional information may be required from the Lessee
in order to complete a lease application. Your account manager, at
your option, can either contact the Lessee or work with you in
getting the information.
Simple
Documentation & Faxable Lease Documents All our
lease documents are in simple easy to read and understand language.
We can also fax completed lease documents the same day as the lease
approval. Your account manager can take care of all the
documentation needs.
Pre-funding
Vendor Pre funding for deposits and advance payments
available generally up to 50% and on certain approved credit
clients up to 100%.
Efficient
Funding Process All vendor checks are shipped
overnight via FedEx within 48 hours of lease acceptance.
Include Service
& Maintenance Agreements The cost of service and maintenance
agreements can often be included in the amount financed. Taxes,
installation, and other one-time charges can also be financed. We
always give our best shot to minimize the upfront "out of pocket"
expenses for your customers.
Daily Status
Reports The vendor is always in the loop, informed on
all lease applications. Your dedicated account manager can fax or
e-mail daily reports on applications received, application status,
pending deals, and deals in funding.
Private Label
Programs We have the means to put together a
Private-Label program to meet your needs. Programs that can address
any unique requirements for all types of equipment and
industries
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