Tagged With "loan"

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...

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...

Signs of a recession? The White House announced that it will sell an additional 26 million barrels of crude oil from th Strategic Petroleum Reserve Purpose is to keep gas prices from increasing due to inflation Will push the reserve to the lowest level since 1983 In 2022, 180 million barrels of oil were sold for a total of 260 million in past 2 years This new action will result in the reserve holding only 346 million barrels of oil, even though the capacity of the reserve is 713 million...

Ricoh reports on new loan agreement Ricoh and Sumitomo Mitsui Trust Bank of Japan announced that they have concluded a “Positive Impact Finance” loan agreement that is in line with the Principles for Positive Impact Finance A United Nations Environment Program Finance Initiative Intended to support vendors activities related to environment, society and the economy

Xerox’s top shareholder gets “breathing room” Article published in The Wall Street Journal about Carl Icahn and his controlling shares of Xerox In order to get “breathing room from lenders following a short-seller attack”, Carl Icahn and banks finalized amended loan agreements Unties his personal loans from the trading price of his Xerox shares Icahn’s shares have “tumbled 43%” this year New agreements increase Icahn’s collateral and setup a plan for him to fully repay the loans in 3 years...