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August 17, 2000
Medsite.com by Rick Wilbur Media
Capital Associates is proud to announce that it has formed a cooperative venture
with Medsite Money at Medsite.com to accommodate lease and finance requests for
clients with equipment acquisition needs in the $10,000 to $500,000 range.
Rick Wilbur Holding the Bag--The List I believe that a lot of companies in our industry had a poor first quarter. Did they leave any of their brokers holding the bag with their vendors? If they did, they deserve to be on the list. Many people look at the list to "proceed with caution." The list doesn't in any way say, "Don't do business with these people," It only says, this is what is going on. Andrew Andrew
Thorn 37 Leasing Companies Major Changes American
Business Leasing ( gone ) eLease, Inc. and OurBuilding.com Partner to Help Commercial Building Owners, Property Managers and Tenants Lease Capital Equipment Online CHICAGO--(BUSINESS WIRE)--Aug. 17, 2000-- Agreement Boosts OurBuilding.com's Position as the Leading Single-Stop Resource for Advanced Commercial Property Management Solutions OurBuilding.com, the premier Web site serving owners, landlords and tenants in the commercial office building industry, and eLease, Inc., the developer of the capital equipment leasing industry's first lease process automation solutions, today announced their partnership to help commercial building managers, owners and tenants find the best capital equipment leases quickly and conveniently online. The agreement gives property owners, managers and tenants that utilize OurBuilding.com's online resources direct access to the eLease Marketplace(TM) for all their capital equipment leasing needs. Using the eLease Funding Network(TM), a national database of top-tier funding sources, property owners, managers and tenants can comparison-shop for the best lease agreements on office furniture, computer network and telephone systems or any type of capital equipment they require. The eLease Marketplace also provides lessees automated credit checking, comparison-shopping of competitive quotes, online tracking of the credit approval process and complete transaction fulfillment. "As one of the first portals in the commercial real estate market, OurBuilding.com is a great channel partner to help this key market to realize faster and more efficient competitive leasing services," said Ivan Wolkind, CEO of eLease. "The relationship expands the access to lease automation solutions to the commercial office building industry." "Partnering with eLease reflects our commitment to providing value-added products and services that increase productivity and reduce costs for the commercial property community," said Robert Schoder, President of OurBuilding.com. "Now, property managers, owners and tenants can not only manage and track all of their equipment leases via the OurBuilding.com portal, but also download data for tax purposes, simplifying what has traditionally been a time intensive accounting process." While shopping for capital equipment lease agreements is typically a time-consuming process, the eLease Marketplace provides a neutral, single-stop marketplace for capital equipment leasing. Backed by eLease's high standards for customer service, lessees can use eLease's proprietary, easy-to-use tools to compare agreements from multiple lessors, funders and banks, ensuring the most informed decisions. About eLease eLease provides lease process automation solutions for every constituent in the leasing process including financial institutions, capital equipment vendors and businesses that need to either offer or acquire leases. Utilizing eLease Platform(TM), eLease develops and delivers Web-based leasing solutions that add leasing functionality to any Web site, lease sales force automation solutions, configurable workflow solutions for back office lease processing and a business-to-business marketplace for acquiring capital equipment leases and lease lines. eLease is based in Sunnyvale, CA. Additional information can be found at the company's Web site www.elease.com. About OurBuilding.com OurBuilding.com creates, hosts, maintains and supports a Web-based communications portal for the commercial real estate industry, providing online tools and value-added applications that help building owners and managers provide enhanced tenant services while reducing operational costs. Simply by replacing content and transaction functions--traditionally manual and paper-based--with OurBuilding.com's flexible solution, building owners, managers and tenants can achieve savings in the tens of thousands of dollars each year, with the functionality of custom-developed sites, at a fraction of the cost. OurBuilding.com currently has commitments to serve owners and property managers controlling approximately 200 million square feet of office space nationally. For more information, please visit the Web site at www.ourbuilding.com, or contact Steve Hoffman at 312.377.2477. CONTACT: OurBuilding.com Steve Hoffman, 312/377-2477 shoffman@ourbuilding.com o MyContracts.com Announces Alliance with Ernst & Young Ernst & Young to Market Web-Based Contract Management Solution SANTA MONICA, Calif., Aug. 17 /PRNewswire/ -- MyContracts.com, the first fully integrated, Web-based contract management service announces a strategic marketing alliance with Ernst & Young, one of the world's leading professional services organizations. MyContracts.com ( www.mycontracts.com ) provides businesses with an easy to employ, Web-based solution to manage the entire business process for contract management from start to finish. Designed to save time and reduce costs, the service tracks critical dates, terms and conditions, and financial obligations for real estate, equipment leasing, finance contracts, insurance contracts, and service agreements. Through the alliance with Ernst & Young, MyContracts.com will benefit from Ernst & Young's content, technical and strategic resources, business relationships, and exposure to its global client base. "Ernst & Young is committed to providing value-added e-business solutions to its clients," said Mark Friedman, founder and CEO of MyContracts.com. "The formalization of this relationship validates our business model and facilitates our ability to immediately reach businesses who can quickly deploy our service." "MyContracts.com's solution will ease the cumbersome process many companies endure with contract management," said Mike Evans of Ernst & Young. "We believe that the addition of this Web-based solution to our service line not only expands our suite of e-business solutions, but gives our clients access to MyContracts.com's truly unique application." About MyContracts.com MyContracts.com is the first Web-based service to integrate contract management, benchmarking, and e-commerce, empowering businesses with a one-stop solution for all of their contractual requirements. The service manages the entire contract management business process from start to finish, tracking critical dates, terms and conditions, and financial obligations for real estate, equipment leasing, finance contracts, insurance contracts and service agreements. The MyContracts.com solution saves time and reduces costs through sophisticated contract management tools, up-to-the-minute market research and data, and the business-to-business power of the Web. MyContracts.com is funded by Pequot Venture Partners, Red Rock Ventures, Insignia Financial Group, Angel Investors L.P., JUMP Investors LLC and Oracle Corporation. About Ernst and Young Ernst & Young, a global leader in professional services, helps clients to quickly and confidently make financial decisions designed to enhance value. Its 77,000 people in more than 130 countries have the industry and financial experience to provide fresh perspectives on operating in the new economy. Ernst & Young offers traditional audit and tax services, as well as customized services in corporate finance, online security, risk management, the valuation of intangibles and e-business acceleration. In addition, legal services are available in various parts of the world where permitted. A collection of Ernst & Young's latest ideas on the new economy can be found at www.ey.com/thoughtcenter . Ernst & Young refers to the U.S. firm of Ernst & Young LLP and other members of the global Ernst & Young organization. Menkin Apologies Joke Sent In Error on Leasing News.Org--- I am very sorry. I am having difficulty with my left eye and cannot see well out of it, hardly at all, and evidently the other day I made several typo mistakes on the internet. I did correct mistaking Unicapital for United Capital in Leasing News.org. In fact, United Capital is now off the list as the only reason they were on was reported first quarter and all reports today are so good, they really shouldn't be on the list. I made the mistake of clicking on the "Leasing News" Group at American Leasing instead of my "Jewish" Group list. It was an old list before I moved everything over to leasingnews. I apologize for sending "Where to Sit at the Synagogue." I have removed this old mailing group list from my other e-mail program. Several months ago I made the program separate and created a site to make sure it was kept separate. American Leasing is separate than Leasing News. I don't promote here, nor do I send out "jokes"here. As further explanation, if you are interested to learn more about how this could happen, at American Leasing, I have for several years a joke competition:" best joke of the month", which evolved into the main general joke list---and over the years, from friends sending jokes, the joke group has started other special mailing lists, such as bawdy jokes, jewish jokes, attorney jokes, etc. The Jewish Jokes are quite ethnic. The one sent out was sent by a rabbi's wife, who is a personal friend of mine, and you really have to understand "Yiddish" humor to appreciate it. To those who go to synagogue, it was quite funny and those on the list told me they enjoyed it very much. Again, please accept my apology for sending it to you. Several readers were upset, one asked to be removed, and I really didn't think the joke was that bad...but I found out for sure: no jokes here. The leasing business is taken seriously. Kit
Menkin www.leasingnews.org
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