Tagged With "financing"

Wow - that was quite the read. While there are a few details that I have a differing opinion on, I cannot agree more with Ray on the the fact that change is coming and the Leasing industry has not choice but to change with it. The question is not "will leasing companies change", but how much will they change and how much will they be able to change within their existing framework. Many of these leasing companies are part of larger banking organizations and will the regulatory and legal...

Thanks for commenting the first step to change is the ability to discuss why you should. As all of know change is usually a forced reaction unfortunately. I would say that the real disruptions to any deliverable are those which come from new places. too many see their competitors as someone like them. Today we all need to look in new places. Regarding Quicken I believe the mass market they attract are not 800 plus credit scores. The interest paid by end-users doesn't need to necessary be...

Maybe HP buys the finance business. should fit right in with their global finance expansion. Not to mention HP will eventually buy the entire Xerox business, as soon as carl gets all the operating cost lower. Xerox is working on a strategy to sell. It won't be long before HP opens the garage in Palo Alto and welcomes the new team from Rochester.

Those in the technology industry face many challenges caused by innovation, new competitors, and changing buyer habits. Regardless of your core function in the technology deliverable whether you are a manufacturer, software provider, lessor or a reseller who delivers equipment and its services to the end-users, no one can assume yesterday’s circumstances will remain relevant tomorrow. Today all leasing companies in the channel are delivery models based on a monthly payment where hardware is...

Lexmark Names Chuck Butler Chief Financial Officer LEXINGTON, Ky. , April 13, 2020 /PRNewswire/ -- Lexmark, a global imaging solutions leader, today announced that Chuck Butler has been named senior vice president and chief financial officer, effective April 23 . In this leadership role, Butler will be responsible for Lexmark's global finance organization and serve on the Lexmark executive team. Butler succeeds Vivian Liu, who has decided to pursue another opportunity outside Lexmark. Butler...

Interesting venue... Who is hosting??? Larry Kirsch 516-650-7432

The meeting will be led by BTA General Counsel Bob Goldberg and will take place at the Radisson Blu Mall of America on Wednesday, May 6, 2015. The Summit will begin promptly at 1:00 p.m. BTA is inviting all interested leasing companies, manufacturers, shipping companies, resellers and dealers. Also attending will be representatives of the Equipment Leasing and Finance Association. Legal Counsel will be present to assure compliance with antitrust laws. (The details for the Mid-America event...

I would love to be in on this!

This should be an interesting meeting. I will be there and will be more than happy to fill you in on how the meeting goes. I am very curious what the dealer community has to say about this issue. I have spoken to dealers and some are very adamant that only the originating dealer has the ability to allow the return of equipment early for a customer. They want help in protecting their customer base.

CHICAGO, Jun 26, 2014 (BUSINESS WIRE) -- GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will begin providing floorplan financing to dealers that stock Sharp Electronics Corp.’s office imaging (OI) equipment. CDF has been providing financing to Sharp’s consumer electronics dealers for 25 years. “Our goal is to demonstrate Sharp’s continued commitment to the OI dealer channel,” said Dan Wynne, director of B2B channel marketing at Sharp. “We know that...

RAMSEY, NJ -  Konica Minolta Business Solutions U.S.A., Inc. ( Konica Minolta ) today announces a new automated workflow solution to help financial providers securely capture, process, and distribute financial documents with ease while meeting...

For Immediate Release 12 March 2014 GreatAmerica Announces HaaR ® Managed IT Hardware Financing Program New Financing Option Makes Selling Hardware with Managed IT Services Easier (Cedar Rapids, IA) – From the show floor of ITEX 2014 in Las Vegas, NV (booth #309), GreatAmerica presented its HaaR product today, a new offering in hardware and software financing for the office equipment industry. HaaR is a GreatAmerica hardware rental program that matches each dealer’s managed information...

Where oh where has the year gone?     With a mere 12 hours left of selling time for the month, the quarter and the year I was left with the daunting task of trying to enable another 20K of revenue to him my mark of 80k or more for the month....

(Reuters) - Xerox Corp said on Monday it was exploring the possibility of a “strategic transaction” for its customer financing business, which accounts for more than 65 percent of its overall debt. The printer maker said its plan to simplify its operations would lead to gross savings of at least $640 million in 2019 and $1.5 billion by 2021. Advertisement The move comes close on the heels of a plan announced by the company to restructure itself to become a wholly owned unit of a new holding...

Yahoo Finance News comments on supply chain Current contract with unionized dockworkers in California is set to expire on 7/1/2022 Covers more than 22,000 workers who belong to International Longshore and Warehouse Union Control 30 ports on west coast of USA “two sides are unlikely to reach a deal before the July 1 expiration”; stated The Pacific Maritime Association Some are predicting that agreement must be reached by 8/1/2022 to prevent shipping interruption Workers are “looking to push...

Reasons to Finance Equipment in 2022 – Inflation and Rate Increase Hedge What Is IRS Section 179 and How Can It Help Small Businesses?

Hacked! Euler Finance hacked for over $195M in a flash loan attack - ......Euler Finance raised $32 million in a funding round last year that saw participation from FTX, Coinbase, Jump, Jane Street and Uniswap. STALKER 2 Devs Say They Were Hacked , Ask Fans to Stay Away From Leaks - IGN ......STALKER 2: Heart of Chornobyl developer GSC Game World has revealed it was hacked by a group on a Russian social network. Russians warned of nuclear attack after hackers break in to country's TV service...

Equipment leasing report Data for month of December of 2023 from Equipment Leasing and Finance Association (ELFA) Companies signed up for new loans & leases worth of $12.5 billion, up 51% Credit approvals down from 76% to 75% Confidence index at 48.6 (reading above 50 indicates positive business outlook)

Leasing industry survey results Report published by Equipment Leasing & Finance Foundation for July 2024 Only 3.9% of leasing executives feel business conditions will improve next quarter 76.9% = remain same 19.2% = get worse 11.5% believe that demand for leases will increase 73.1% = remain same 15.4% = will decline 23.1% say economy will get worse 57.7% = remain same 19.2% = will get better

FOR IMMEDIATE RELEASE GREATAMERICA AND B2BTOOLBOX LAUNCH DIGITAL FINANCE PORTAL Office Technology Providers and Customers Incorporate Financing into their Digital Sales Process ( Cedar Rapids, IA) October 22, 2024 —  GreatAmerica Financial Services and B2BToolbox announced a new capability that integrates financing into an e-commerce platform. This collaboration enhances the sales process for office technology providers and offers a fully digital experience for their customers. Office...