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The True Gift of Leasing
Many vendors know that the major benefit of working with a leasing company is to provide their customers a financing alternative to an outright purchase and increases the vendor’s probability of closing the sale. However, this is not the true gift of leasing. The true gift of leasing is the "account control" that occurs long after the equipment has been paid for.

Bison Commercial Leasing maintains complete control of the leasing process from start to finish. As a result, the customer interfaces only with Bison and the vendor. Thus Bison controls the account. By working with Bison, our vendors not only get paid immediately, but they also: lock in future revenues and lock out competition for the term of the lease and are able to guarantee themselves any upgrade or replacement business. Once a lease commences, our vendors don’t have to fight with their competition day after day in order to maintain their customer base.

If you are a hard-nosed vendor that likes to fight with your competition on every transaction – leasing may not be for you. On the other hand, if you are a vendor that prefers to make your life easier by using account control strategies and tactics that maximize your profits while providing outstanding services to your customers – leasing is the way to go. Please give us a call at 631-845-7700 to discuss these strategies.

   
   
 
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Equipment Leasing Report
Shop Until You Drop Can Kill Your Customer's Credit ... As well As Your Deal!

By Russell Abramson

In most situations where you take the time to shop for the best deal, you end up with the best deal. However, there is one major exception to this rule. In the finance industry "shopping" may hurt your chances of getting the best deal. You ask, "How can that happen?" Let me explain:

Let's say that you send your customer's commercial credit application to several different leasing companies shopping for the lowest rate. As a result of this "shopping," your customer's personal credit report will indicate that at least five recent inquires were made. Unfortunately, each inquiry negatively impacts your customer's overall personal credit rating, thereby decreasing the probability that his credit application will be approved. In fact, some leasing companies as part of their application approval process have built an automatic rejection factor into their scoring model if a customer's personal credit report exceeds a preset number of inquires within a specific period of time.

How do you solve this problem? First, gain more control over your transaction funding by working with a leasing company that does its own credit, documentation and billing. Secondly, try to get a competitive rate for your customer, not necessarily the lowest rate. Have you ever received a great rate from a leasing company that looked fantastic up front, but in the final analysis the leasing company was unable to fund that rate? Remember that it is much better for a vendor to be funded with a competitive rate than not to be funded with a great rate. Lastly, deal directly with a leasing company that responds quickly with both approvals and fundings.
Special Offer

Flat Screen ATTENTION
ALL EQUIPMENT VENDORS!!!!

End Of Year TV Promotion When You Fund $50,000.00 With Us Between Now And December 31, 2005. We Will Give You This LG 17 Inch LCD Flat Screen TV Model Number l172WT

To show our appreciation for your business, we are giving away these beautiful flat screen tvs to all our vendors who fund $50,000.00 worth of leases through us between now and New Years Eve, December 31, 2005.

Click here for our one page credit application which is good for leases up to $150,000.00 without financials or tax returns. We usually have a decision in 3 to 4 hours. Leases over $150,000.00 may require additional financials. Please feel free to call me at 631-845-7700 if there is anything I can help you with or if there any questions you may have.

 
Contact info:
Russell Abramson
560 Broadhollow Road, Suite 201
Melville, NY 11747
631-845-7700
russell@bisonleasing.com
www.bisonleasing.com
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