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  Vendor Lease Programs
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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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