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| June 30, 2000 Warren
and Doyon No Longer at Totalfunding.com Steve Warren and Dennis Doyon are no longer with Totalfunding.com. Both were active with the company appearing at association conferences. Dennis Doyon, formerly with GE Capital for over twenty years, may be available. If you know how to contact him, please let me know. Here is an announcements I received from Jim Harris, President of Allco: To:
Our Broker Network Allco Leasing and Financial Services has added Steve Warren to the team of Leasing Professionals. Steve will manage Allco's Broker and Referral business. With 27 years in in Commercial Banking and the Leasing industry, (15 years being withAllco Leasing and Financial Services has added Steve Warren to its team of Leasing Professionals. Steve will manage Allco's Broker and Referral business. With 27 years in the financial services business, principally Colonial Pacific Leasing and T&W Financial), he brings the background and proven experience to support the Broker operations. You can call Steve at 503-495-2417 or 800-929-9041, ext. 417. His knowledge and experience in operations will avail you of that extra effort and ability to structure those doable but difficult deals. ( from my experience, Allco likes deals over $100,000 and pays from one to five points to brokers. From my experience, they are also collateral oriented. ) LeaseExchange Named One of Red Herring's `Ten to Watch SAN FRANCISCO--(BUSINESS WIRE)---Red Herring has named LeaseExchange, the first open, fair and efficient marketplace for equipment leasing, one of its "Ten to Watch." LeaseExchange received the honor at Red Herring's Venture 2000 conference in Lake Tahoe, CA. LeaseExchange delivers a solution with the potential to transform the $233 billion equipment leasing market from one that is unregulated, fragmented and inefficient to one that is open, fair and efficient. The Lease Exchange makes it possible for leasing customers, equipment sellers and leasing companies to complete more leasing agreements faster, with less effort and for less money than was possible with the old leasing process. "LeaseExchange is solving a pervasive real world problem; an unfair, slow and inefficient process that affects the 80 percent of US companies that lease," said John Mecklenburg, Red Herring Editor of Events. "Like the other companies on this year's 'Red Herring Ten to Watch' list, LeaseExchange, with its great technology and business model, could change the way business is done. Many companies want to offer equipment leasing as a value-added service to their customers, and LeaseExchange is the leader enabling them to do so." Leasing customers, equipment sellers and leasing companies have been victims of a slow, costly and complicated process. The Lease Exchange transforms this process into one that is open, fair and efficient -- reducing costs and putting all of the parties in control of getting maximum value from leasing. Leasing customers submit one online application for multiple, competitive bids, saving time and money while increasing their chances of approval. Because more of their customers' leases are approved, equipment sellers close more sales. Having access to a marketplace of leasing customers dramatically reduces the cost of customer acquisition for leasing companies. They also benefit from the ability to filter applications online so that they see only applications that fit their company's preferred criteria. LeaseExchange Co-founder and CEO Aaron Ross says, "The Lease Exchange is fixing a broken process. We are excited to be named one of 'Red Herring's Ten to Watch.' It is an honor to be included in a select group of companies being noticed for making significant changes in the way business is conducted." About LeaseExchange The Lease Exchange is the first open, fair and efficient marketplace for equipment leasing, where small-to-mid-sized businesses and equipment sellers can find the best value and highest approval rates for leases regardless of geographic location, credit rating or type of equipment. LeaseExchange makes it possible for its business partners to offer leasing as a value-added service to their customers, to either enable increased equipment sales or increase their service offerings. Founded in April 1999, LeaseExchange received $3 million in first round funding from WaldenVC. www.LeaseExchange.com. About Red Herring Communications, Inc. Red Herring Communications is an integrated network of media properties connecting the people, companies and industries whose ideas and technological innovations are inspiring and reshaping the world of business. Insightful, irreverent and influential, Red Herring Magazine, Red Herring.com, Red Herring TV and Red Herring Events are essential sources of information and analysis linking the technology industry and the global economy. A privately held company, Red Herring Communications is headquartered in San Francisco. www.redherring.com. CONTACT: Communications Network Worldwide Kris Bondi, 415/673-6062 October 9-13,2000 Training for Success from The Manifest Group A comprehensive 4 day Sales Training Seminar designed for the NEW Leasing Professional!
/ Vendor and Lessee Quali~dng Cost is $850.00 per person or $800.00 per person for two or more attendees. Cost covers food, lodging, materials, and a NEW HP 17B calculator. Airfare to Minneapolis is not included. For more information contact Jim Stekl or Deb Sclmaible at 800-325-2236. c-mM1:jintste1d~tbemanifestgmupoom or deb.schnatlc@tlrmnanffestnoupcom Chase Leasing Site Targets Small Companies Chase Manhattan Bank has made on-line equipment leasing available to its small-business customers. Those customers can receive credit-application decisions on equipment financing in less than five minutes through smallbizleasing.com. The site offers different leasing terms and financing options for equipment such as copiers, telephone systems, office furniture, and medical equipment. Prices range from $3,000 to $250,000, and customers can choose to pay at the end of the lease. "The unique new product enables small-business customers to obtain the equipment they need and to pay for its use over time, rather than spending a lot of cash up front to buy it," said Joe Scharfenberger, executive vice president with Chase's small-business financial services division. |
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