Tagged With "Credit"

Special thanx to P4P member @Ray Stasiezcko for alerting me about this last week. Sorry for the late posting, however it's been the last few days of the month for me in my day job. Operating out of a Chicago suburb, in a low-slung, red-brick building wedged between a Hyatt and a Radisson, Clover Technologies is in the mundane business of recycling everything from inkjet cartridges to mobile phones. But in the past week it abruptly -- and alarmingly -- caught the attention of...

Making the Sale During the proposal phase we can provide a valuation for existing equipment. This can then be offered in the form of a discount or credit in the proposal. Retaining Businesses If a customer has a staggered refresh cycle, the value of the equipment can be issued in the form of a credit growing over time and thereby increasing the likelihood of repeat business. Increasing Value By identifying assets that are usually passed over and often have significant value, such as unused,...

Signs of recession? TransUnion published new report Credit card balances up 19% year over year to all time high of $866 billion total in the U.S. Gen Z and Millenials had balances grow 72% and 32% respectively Average credit card debt per borrower no $5,474 Delinquency rate up to 1.94% Number of home equity line of credit originations up 47% to 409,000 Home equity loan originations up 42% to 296,723 American homeowners lost $1.3 trillion in home equity during last quarter, according to...

Ricoh to offer new solution Announced partnership with Alarm Box, maker of cloud-based credit management solutions Initially will only be marketed in Japan

Encina Private Credit and funds managed by Ares Management provide capital commitments to support Visual Edge IT long-term growth NORTH CANTON, Ohio, July 27, 2023 (Newswire.com) - Visual Edge IT™ (VEIT), which specializes in managed IT services and security, cloud computing, and print/copy solutions for businesses across the U.S., has received new capital commitments from Encina Private Credit and funds managed by Ares Management totaling $40 million which the Company intends to use to...