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Up to 12 points commission and a wider credit window now available for Trucks at Hand deals. Learn more now |
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Marketing Tip | Sample Deal | Weekly Survey Program Advantage | Same-day Approvals
Dear Broker, here are your updates for this week...
M a r k e t i n g t i p Don't let marketing opportunities pass by because of staff or talent limitations
The formula is pretty simple. Marketing generates sales leads. Sales generate revenue. Revenue is why businesses exist. But marketing staff and execution can be expensive and aren't very scalable. Until now.
Smaller businesses are more likely to be challenged accessing marketing expertise. Budgets often permit only a small marketing staff - if any at all. Experts like public relations copywriters and Flash web designers are even more difficult to retain on staff because while the skill sets are very valuable, your need for them may only be occaisional.
Like many of the marketing challenges facing small businesses, the Internet offers a powerful and viable solution. Online freelancing sites have brought the inventory and pricing philosophies of eBay to the labor and talent market. Online freelancing sites allow you to post your marketing projects and approximate budget. You then receive bids from marketing experts and can review the experts' past work and client comments. Common projects for freelancers found online include graphic design and copywriting for print and online, public relations, Web site development and more.
Some of the sites which connect freelancers and clients are...
If you have marketing ideas that you believe will make a real difference, don't limit yourself to what you and your in-house team can accomplish. Whether you need your Web site updated, a killer direct mail piece or a new logo, the right talent is only a few clicks away. For less than you think, you can contract an expert.
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SunBridge Capital has not verified the quality of products and services of the companies mentioned in this article. Please carefully consider any relationship before entering a commitment.
S a m p l e d e a l o f t h e w e e k Challenged credit earns great terms on wheel loader with five-figure commission built in
The credit model of SunBridge Capital takes into account several factors including the personal credit of guarantors, the asset, the time-in-business and D&B data. The applicant below displayed challenged credit but strong verifiable time-in-business and D&B data. This deal funded earlier this month:
Average TransUnion FICO: 601 Verified time-in-business: 17.6 years Asset: 2006 Komatsu wheel loader Amount financed: $159,500 Documents needed for credit decision: online application Monthly payment: $3,823 Requested commission: 8.75 points = $13,956 Funding status: Booked
More information on SunBridge Capital's credit programs.
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S t a t e o f t h e i n d u s t r y Is your business's success limited by the size of your marketing and sales staffs?
Vote now to see how you compare to your peers. (If you are one of the first respondents, check back later to see more developed results. All responses are anonymous.)
P r o g r a m a d v a n t a g e Options for declined applicants
Some transactions don't stop at a decline. Some go on to fund. Your decline may be changed to an approval by adding a strong co-signer, verifying more time-in-business, changing assets or adding a cross-corporate guarantee. Ask your account manager which, if any, options are available on your applications.
Many declines become fundings with low payments and easy up-front requirements while paying sizeable commissions. Brokers who select equipment from Trucks at Hand can turn a decline into a very attractive approval!
A i m i n g f o r t h e s a m e - d a y a p p r o v a l Check our asset-specific requirements for over-the-road equipment
In order to be eligible for approvals for financing sleeper cab tractors, day cab tractors, van body trailers, refrigerated trailers and car haulers, applicants must show two years of verifiable time-in-business and be a corporation or LLC. Check that your applicants meet these requirements before submitting your applications for these types of equipment. | |