(Originally published in the Canadian Equipment Finance magazine Summer 2019 issue.)
Going green is becoming a directive more than a movement, especially here in Canada. The Canada’s Changing Climate Report (CCCR), released April 2, 2019 by Environment and Climate Change Canada, states that we are experiencing overall warming at twice the global average.
Regardless of how much or how little equipment finance companies elect to become involved with the alternative finance marketplace, the takeaway should be there is a need to enter into the market in some capacity.
Before you answer that question, let me define Digital Darwinism for you. Digital Darwinism is the evolution of society and technology at a faster pace than a company’s ability to adapt.
Digital transformation may sound like the latest word in buzzword bingo, but it is one of the most important initiatives facing businesses today.
When you are asked about your company’s technology needs, do you automatically begin thinking about what hardware and software is needed to get the job done?
The Equipment Leasing and Finance industry has become extremely competitive due in part to commoditization, consolidation, excess liquidity and intensified regulatory scrutiny.
There are many reasons for migrating to a new lease management system. Some of the more common ones include additional functionality, competitive advantages, the vendor is phasing out support and new industry regulations.
How does your lease management solution position your business for success? If you are not sure how to answer that question, then you may already have a problem.
It’s no coincidence that LeaseTeam is the solution provider of choice for more than 250 successful equipment
finance companies and, according to “The 2010 Monitor 100”, approximately 25% of the top 100 Equipment
In our article last month we talked about the value of social media as a customer retention tool. This month we’re going to focus on the value of social media as a sales tool.
The increasing demands from customers, coupled with increasing competition are putting pressure on
businesses today. As a result, many businesses are looking into the benefits of deploying a mobile platform.
There is no question the leasing industry is evolving and changes are imminent. In preparation for these changes, leasing companies are evaluating the flexibility of their systems and how well they are positioned to handle changes.
With the onset of the proposed lease accounting changes, the last few months in the leasing industry has been a whirlwind.