Rounding up the Month of March

The first quarter of the year has gone by in a flash. Here at ExecuTech we had a wonderful month of growth and business. With new vendors signing up every week and more equipment on board we are gearing up for another huge growth come April. 

We are looking to acquire more vendors come April along with more lines of equipment that we can lease.  Already we have equipment in the for approval that will be outside of the norm for most leasing companies.

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Thank you,

Your Executive Team
ExecuTech Lease Group

Equipment Approvals

Here at ExecuTech Lease Group our focus is to specialize in the equipment that our customers specialize in. Over the last few months we have gone as far as working on approvals for lift truck batteries to meet one customers needs to general restaurant equipment for others needs.  If you are a company that has some sort of specialty equipment and or you have a self branded terminal that you want a leasing option for. ExecuTech is the way to go.
Our process is simple:

1. Compile the following information for your equipment 

• Product Flyers
• Price Sheets (wholesale and retail costs shown)
• Invoices

       2.  Submit all documents by fax or email to:

• FAX: (877)996-0040
• EMAIL: kylem@elgleasing.com

       3.  Upon receipt we will call you to discuss the program to gain a better understanding

       4.  Depending on equipment (larger ticket taking longer) we should have an answer with equipment caps etc. within a week.

If you have questions about our process, contact ExecuTech today: Office  (360)713-0695

Work with a company you can trust

We hear from Vendors and Customers on a daily basis that they have been burned by Leasing. In some cases it is the sales person for either the Vendor or the Leasing Company that lead them to believe one thing or another. In other cases it is the leasing company hurting the relationship with its Vendor by going behind their back to their clients. Here at ExecuTech we look at every Vendor very closely before approving them as one of our Vendors. We also strive to create a personable leasing expereience with our Vendors and their customers. We understand what it takes to earn the business of your clients and we assure you that we will be here to assist you in keeping them.

Call us today (360)713-0695

Need approval?

ExecuTech is actively seeking new vendors to join our leasing program.  If your company has been searching for someone to approve your ATM's, your credit card terminals, General Restaurant Equipment, POS systems, Office Furniture, Fax machine, etc. (I think you get the point).  Call us and let us do the work in getting you approved! (360)713-0695

Equipment Financing Demand

Read an article today that discussed the growing need of equipment financing due to the signs of economic growth. I have posted the link below for you to read as well.  ExecuTech is prepared to handle this growth by working on new avenues of leasing.  We have been able to approve the majority of equipment brought to our table.  Only items that we have been unable to approve go along the lines of software.  What we can most certainly approve is tangible equipment with an invoice and the product information.  Given this information, a little bit of time to write the proposal and let it work its way through the approval process, your equipment can have options for purchase.  We are eager and waiting for you to bring us your business and your ideas. Let us help you make your ideas reality.

The article I read is at: http://www.mbtmag.com/Content.aspx?id=2285

If you have equipment you would like us to work on, call us at: (360)713-0695 or email the information stated to kylem@elgleasing.com

Equipment Leasing Application Approvals UP 76%

Equipment Leasing application approvals were up 76 percent in February. Banks are not showing these numbers with financing. On top of that 61 percent of participating organizations reported submitting more transactions for approval, up from 56 percent in January. With leasing moving in the direction it is, you should consult with ExecuTech how to start leasing.

Read the story at WASHINGTON BUSINESS JOURNAL

Equipment Leasing is an Excellent Option for All Sizes of Businesses.

Successful businesses are searching for creative and viable ways to bolster their businesses during these economic times. Creating options for customers and new ways of saving money are areas these successful businesses initially look. Equipment Leasing is a great option to be considered when analyzing inventive new ideas.

Small or newly started companies most often have limited capital and usually have a hard time acquiring bank loans due to lack of credit history. Obtaining equipment can be extremely hard if purchasing equipment outright is the only option. Starting a business is hard enough, but imagine how much harder it will be if you have to spend  large sums of working capital to acquire new equipment before profit starts to come in.  The risk is high, and without cash on hand for other needs that will come up, the risk is even higher. With Leasing, businesses are able to avoid the high upfront costs of new equipment as well as scrutiny over length of business credit. Rather than focusing on how much that new equipment is going to be, leasing offers a solution by spreading the cost over a flexible period of time. This allows for better money management while at the same time acquiring the equipment needed to operate the business.

Medium sized businesses, most often, are experiencing growth within their company. With growth come more expenses through new offices, employees, and equipment. Leasing is perfect for medium sized companies in this situation because they have the ability to acquire equipment that is needed without putting forth working capital to do so. This will allow these companies the choice to upgrade current equipment now rather than later helping them stay ahead of the competition.

Large corporations are pressured to cut costs any way possible. Leasing is a great solution to help accommodate this need and relieve the pressure. With equipment leasing, large corporations can capitalize on ways to keep their equipment up to date and upgrade at the end of lease terms rather than purchase.

ExecuTech is here to help provide leasing solutions for businesses small to large. We are eager to see ways that we can assist your company. Contact us today and let us help you add leasing ad an option. Office: (360)713-0695 email: kylem@elgleasing.com

Equipment Finance Industry Confidence Shows Third Consecutive Month of Improvement

March 2011:  The overall Equipment Finance Industry Confidence is at 72.4, a third consecutive month of improvement.  This is great news for the Leasing industry showing that more people are starting to look to leasing for a financing solution when making purchases.  If your company is not offering a leasing source for its equipment sales, you should contact ExecuTech today and at lease look at the options we have to offer.  (360)713-0695

March 2011 Survey Results:

The overall MCI-EFI is 72.4, an increase from the February index of 71.6.

• When asked to assess if their current business conditions would remain the same over the next four months, 67.5% of executives responding said they believe business conditions will improve over the next four months, an increase from 55.3% in February. 32.5% of respondents believe business conditions will remain the same over the next four months, a decrease from 44.7% in February.
• 65% of survey respondents believe demand for leases and loans to fund capital expenditures (capex) will increase over the next four months, up from 55.3% in February. 35% believe demand will "remain the same" during the same four-month time period, down from 42.1 % in February. No one believes demand will decrease, down from 2.6% last month.
• 37.5% of executives expect more access to capital to fund equipment acquisitions over the next four months, up from 34.2% in February. 62.5% of survey respondents indicate they expect the "same" access to capital to fund business, a decrease from 65.8% in February. In the last four months' surveys, no one responded that they expect "less" access to capital.
• When asked, 40% of the executives reported they expect to hire more employees over the next four months, down from 44.7% in February. 52.5% expect no change in headcount over the next four months, unchanged from last month, while 7.5% expect fewer employees, an increase from 2.6% in February.
• 92.5% of the leadership evaluate the current U.S. economy as "fair," up slightly from 92.1% who did in February. 7.5% rate it as "poor," down slightly from 7.9% in February.
• 57.5% of survey respondents believe that U.S. economic conditions will get "better" over the next six months, up from 50.0% in February. 37.5% of survey respondents indicate they believe the U.S. economy will "stay the same" over the next six months, down from 50.0% in February. 5.0% responded that they believe economic conditions in the U.S. will worsen over the next six months, up from no one who believed so last month.
• In March, 45% of respondents indicate they believe their company will increase spending on business development activities during the next six months, down from 57.9% in February. 55% believe there will be "no change" in business development spending, up from 42.1% last month, and no one believes there will be a decrease in spending, unchanged from last month.

Survey results used above along with demographics and additional information on MCI can be found at http://www.leasefoundation.org/IndRsrcs/MCI/0311.htm

Equipment Leasing and Finance Foundation. "Monthly Confidence Index- Equipment Finance Industry (MCI-EFI)." Web. 21 March 2011. <http://www.leasefoundation.org/IndRsrcs/MCI/0311.htm>

Your New Equipment Approved

Is your company coming out with a new line of equipment that you would like to offer leasing on? If so, contact ExecuTech to meet your needs! We have been working with other companies and gaining approvals for leasing options with their equipment. We are eager to help you as well. Call today (360)713-0695 and let's see what we can do!

With ExecuTech, the lease process is as easy as 1, 2, 3, 4:

LEASE PROCESS FLOW

1.        Credit

a)      For ExecuTech to be able to pull credit, one of the 3 follow will need to be submitted

1.       A completed and Signed Merchant Processing Application

2.       A completed and Signed ExecuTech Lease Agreement

3.       A Completed and Signed ExecuTech pre-application

b)    Fax or Email one of the three documents to your program manager.  (See welcome letter for program manger contact information)  

d)    EXECUTECH will pull credit from the bureaus and fax or e-mail our response usually within 15 minutes if received by 4PM Pacific Standard Time. Responses include:

•        Approved

•        Declined

•     Pending – We will request additional information

2.        Complete the Lease Package

Lease Package includes:

a)    ExecuTech Lease Agreement completely filled out where the Merchant has signed for the business and the personal guaranty.

b)    A Copy of a Merchant Processing Application with merchant signature.

c)    A voided bank check from the merchant of where EXECUTECH will ACH draw the monthly payment (ACH is required on all leases).

d)    Merchant’s federal tax ID number and merchant’s bank number.

e)    Please Note:  Additional information including financial statements may be required for transactions over $5,000. Applicable taxes must be added to each invoice or payment (depending on state).

f)     Send the COMPLETED lease package to your program manager.

 

3.        Verification

Upon Installation

a)         Upon completion of equipment installation, immediately notify ExecuTech.  You can do this one of three ways (see welcome letter for contact information).

1.       Calling from the merchant’s location

2.       Having the merchant contact us directly

3.       Contacting ExecuTech directly yourself

b)      Unless previously provided, please have the serial number and MID Number ready at the time of confirmation.

c)      EXECUTECH will walk the merchant through a verbal checklist to make sure they understand the terms and nature of the lease.

•        NOTE: We MUST verify with the person who signed the lease.        

e)      ExecuTech is available for verbal confirmation Monday through Friday, 8am-5:00pm PST. 

f)       Submit signed and dated Delivery and Acceptance certificate via fax or email.

4.                   Funding

To fund, EXECUTECH must have:

a)      An email or fax copy of the completed and signed lease package including Delivery and Acceptance Certificate.

b)      We must have a copy of the merchant’s voided check so we can set up the ACH debit account with their bank.

When we have a complete package in hand, we will ACH funds to your account.  ExecuTech offers Next Day ACH if all documents are submitted to by 11:30am PST.  If you have any questions about the process, please contact your program manager.

Congratulations!  You have just funded your first deal with EXECUTECH Leasing Group.

We may not be leasing to this industry... YET... however -

The point is very clear.  Deere & Co. released that they are opening a leasing company to bolster financing of their equipment.  The president of John Deere stated "By establishing a leasing entity in Russia, John Deere will be able to provide retail financing solutions to our customers. Offering financing is an important factor in our service to customers in the agricultural, construction land forestry industries." If John Deere is offering leasing, why aren't you?
Call today and get started (360)713-0695

What do you look for in a leasing company?

We want to hear from you! When you look to provide a leasing as an option for purchase of your equipment, what do you look for in a leasing company?

To respond, simply type in the comment box below.

We look forward to your comments!

Look to leasing

Keep your capital for times of crisis and avoid putting forth large sums of your working capital to acquire new equipment.  Also, don’t worry about tying up your lines of credit with bank loans that will hinder your ability for future loans. Look to ExecuTech to receive 100% financing on the equipment you need to make your business Thrive. Find out more about our leasing options by calling (360)713-0695 or email kylem@elgleasing.com

Looking to offer leasing?

Actively seeking new Vendor's to join our Preferred Leasing Program. If you are unhappy with your leasing companies public profile, difficult underwriting, or simply the lack of communication. Give ExecuTech a shot at your equipment leases. With 15min approvals with credit scores, next day ACH funding, and personal leasing service, we will make the decision to change easy for you. Contact me for more information kylem@elgleasing.com or (360)713-0695

Get The Equipment You Need While Eliminating Large Upfront Expenditures

Taking advantage of your cash flow and making the most of it is something all experienced business owners know something about.  However, when the need for new technology or equipment to run your business and stay ahead the competition is there, look to ExecuTech to help keep that cash in your pocket. 

With Technology advancing as fast as it is, depreciation is something that every owner needs to think about when purchasing. With businesses, in order to keep up, there is no other solution other than to replace and/or upgrade your existing equipment. With leasing, rather than hassling with depreciation and the hassle of updating, ExecuTech can help you get the equipment you need and allow you to move the lease payments into your monthly operating cost.

If you have your eye on a new piece of equipment to help your business stay ahead of the pack, contact us today and let ExecuTech make your ideas become reality.

Call: (360)713-0695 or email Kyle Moys, SVP of Sales and Marketing: kylem@elgleasing.com

Does Your Company Have The Next Big Equipment Idea?

Here at ExecuTech we pride ourselves in being a leasing company that is open to your ideas and concepts.  If you have equipment that you are looking to sell, remember, small payments sell big, especially in the times that we are in.  There are a lot of business owners, some that we talk to day to day, stating that they want to equipment however they just can't tie up their cash right now.  That is where we step in as a company and help.  Not only do we specialize in the equipment we listed yesterday, we specialize in getting your new equipment ideas approved for leasing as well.  So, if you have the next big idea, you want to offer a solution to spread the payment out, while at the same time keeping your customers happy; Look To ExecuTech Lease Group!

Call us today: (360)713-0695
or email: kylem@elgleasing.com

What We Can Lease For You

There are numerous leasing companies out there that specialize in all areas of equipment leasing.  ExecuTech prides itself in being masters of all areas of leasing and are willing to work with our Vendors to add to the list of specific leasing areas we specialize in.  Those areas consist of:
Credit Card Terminals
Automated Teller Machines
ATM Kiosks
Point of Sale Equipment
Restaurant Equipment
Computers
Cash Registers
Dental Equipment
Lab Equipment
Office Furniture
Fax Machines
Fitness and Exercise Equipment
Veterinarian Equipment
Printing/Publication
Microfiche Equipment
Office Equipment
Currently Working on Approvals for:
AlcoBuddy
Lift Truck Batteries
PayMaster

Picking Up Where Leasing Companies Are Leaving Off

ExecuTech Lease Group started as a company to pick up where the other leasing companies were leaving off.  With 15 years of experience in the Merchant Processing, ATM, POS and other Equipment Leasing industries, ExecuTech knows your business and strives to make the Leasing process enjoyable. When other leasing companies are pulling away from ATM's and other large ticket items, ExecuTech is expanding its approved Equipment list. When other companies are raising Factors of their current Vendors, ExecuTech is setting up preferred factor programs. Other Companies are receiving Class Action Law Suits; ExecuTech is working on new customer service programs and solutions to keep our Vendor's Customers happy. Leasing Companies across the board are running out of money and closing up shop; ExecuTech is searching for new business and expanding its industries. When calling into some of the other leasing companies, you then have to select the department, and in some cases you are directed to an answering service, with ExecuTech, when you call, someone answers.  Leasing companies are not expanding their approved list of equipment denying their Vendor's the avenue to bring new equipment and ideas; ExecuTech is empowering our Vendors to bring the latest equipment to our door and let us get it approved. Along with these other services:
Next Day ACH Funding
15 Minuet Approvals with Alpha Credit Scores
No Upfront Cost from Vendors or Merchants
First Payment Deducted 10 days after install
12, 24, 36, 48, and 60 month lease options
$1.00 buyout option
ExecuTech is the Right Executive Decision to make for your leasing needs.

Contact Us Today
(360)713-0695
kylem@elgleasing.com
http://www.elgleasing.com

Equipment Leasing

On a daily basis I talk to Vendor's who are operating a Merchant Processing ISO, ATM companies, or POS companies. They ask me how to find ways into the other industries (ISO's wanting to sell ATM's for example).  Here at ExecuTech we started thinking. We have ATM providers, Merchant Processing ISO's, POS companies, and more that we can trust and access to facilitate our other Vendors needs.  If you are in this situation and looking to expand the items you specialize in selling, let us know and we will try to help you facilitate this need.  Call today and lets us get to work for you (360)713-0695 or email kylem@elgleasing.com 

Helping your Business Grow the ExecuTech Way

ExecuTech Lease Group offers two leasing programs to meet your needs, all designed to maximize the benefits to your business while extending industry-leading solutions to your customers.
Dollar Buy-Out Option
The dollar buy-out option is unique to ExecuTech Lease group and offers merchants a lease-to-own option on their larger equipment leases.   This ranges from ATM’s and POS systems to office equipment and restaurant equipment.
Benefits include:

• Convenient lease negotiations for the sales team
• Product Ownership for the merchant
• Differentiation from other sales teams and leasing programs that only offer Fair Market Value (FMV) leases in this market

Standard FMV Lease
ExecuTech Lease Group’s FMV purchase option is standard to the point-of-sale industry, and is used with a credit card processing swipe machine, check imaging or other small ticket equipment.  At the end of the lease, the merchant has three choices:

1. Return the equipment to ExecuTech Lease Group
2. Continue to rent the equipment
3. Purchase the equipment for “Fair Market Value”*

Benefits include:

• Highest return to the sales organization
• Possible tax benefits to the customer
• The ability for the merchant to continue to use equipment while considering new options

* Within ExecuTech Lease Group’s lease document, fair market value is deemed to be not less than 20% of the aggregate lease payments on a 12-month lease, 15% of the aggregate payments on a 24-month lease, 12% of the aggregate payments on a 36-month lease and 10% of the aggregate payments on a 48- or 60-month lease.

Don’t lose sales to the same objection of “I can’t afford it!”

We recommend that every time you are talking price with a customer that you remember, small payments sell big.  When you are quoting the price of your product, empower your customer to have options with their payment for your top notch service.

Offing a lease program gives you the ability to help your customer obtain the equipment they need now and overcome the “can’t afford it” objection that can cost you the sale.  With ExecuTech, there is no upfront out of pocket expense for our Vendors or their customers.  We do not deduct first payment out of your funding amount.

If you are not already leasing, you may be asking “How do I start to offer leasing to my customers?”

IT’S SIMPLE!

Contact right now and we will get a Vendor Package to you right away. By the end of the day you can be accepting leases.

Once you are a certified ExecuTech Vendor, you can submit your lease via fax or email and we will respond to you within 15 minutes supplying an Approval with a Credit Alpha Score. Once equipment has been installed at your customers location, we will fund via ACH Next Day!


Get started today- Call: (360)713-0695 or email: kylem@elgleasing.com

Medical Equipment Leasing

If you are opening a new medical practice or own and operate a well established practice.  Medical Equipment Leasing is a viable source to help you obtain new equipment or to upgrade your old and outdated equipment.  Leasing will also allow you to conserve your cash reserves and remain on the forefront of the medical industry.


ExecuTech's medical equipment leasing option offers numerous advantages such as: tax deductions, immediate write-offs, improved cash flow, $1.00 Buy-Out at end of term, and more.  Use ExecuTech Lease Group and save your cash flow for payroll and other day to day business expenses.  ExecuTech is different than most leasing companies because we are here to work for you no matter what stage your business is in.  With access to underwriting, you have the ability to work with a trained professional and acquire cutting-edge medical equipment to help you in today's market. Find out more by contacting us today: (360)713-0695 or email kylem@elgleasing.com