Broker Program Updates

S U N B R I D G E  C A P I T A L

Construction Equipment  +  Work Trucks  +  Yellow Iron  +  Titled Vehicles  +  Trailers

Issue 142
February 8, 2008

Learn about the February financing promotion for
Trucks at Hand including
no processing fee!

=============

Up to 12 points commission and a wider credit window
now available for
Trucks at Hand deals.
Learn more now

Resources

New Broker Registration
Complete the short form and you are set up to send deals!

Rates, Terms,
Credits and Assets

- Tier 1 
-
Tier 2 
-
Tier 3
- Start-ups
- Corp-only
- Credit & General Guidelines
- Approved Assets

Customizable Marketing Tools

The SunBridge Capital Process
-
Invoice Worksheet
- Insurance Worksheet
- Titling Worksheet
- Payoff Letter Worksheet
-
Application & Doc Checklist
- Funding Checklist

Tech-based Tools NEW!
- TermBuilder 2.0
- AppBuilder 1.1
- Instant alerts

Submit a new transaction

Equipment available in our repossessed and off-lease inventory at Trucks at Hand

Sign up to receive e-mail alerts of recently arrived Trucks at Hand inventory

Post off-lease equipment on your Web site

Sign up a colleague to receive Broker Program Updates

View past issues of
Broker Program Updates

Contact us

Do you have feedback on Broker Program Updates? Have something to be included in the next issue? Have other comments, questions or support needs? Contact us anytime we can be of service.

Your Support Team
Chris Gregory,
   Broker Program Administrator

Sabina Winchell,
   Account Manager
Chris Thomes,
   Inventory Sales
Nancy Glazer,
   Account Manager
Stephanie Thomas,
   Account Manager
Paula Saunders,
   Account Manager
Chris Nix,
   Inventory Sales
Danika Matters,
   Account Manager
Fernando Jordan,
   Account Manager

Visit our Web site
www.sunbridgecapital.com

SunBridge Capital
4350 Shawnee Mission Parkway, Suite 300
Fairway, KS 66205

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
Three reasons why now is the perfect time to create repeat business

Now is a great time to follow up with past customers and applicants. Here are three great reasons to to contact past applicants and lessees...

Everyone is thinking taxes. Even though many companies file extensions or otherwise do not remit taxes until later in the year, people are being inundated with TV and radio ads for taxes since it is personal tax return and refund season. Recently announced news of the federal tax rebate also injected taxes into the collective conscious. The tax benefits of the leases you helped secure in the past or the future leases you can write for customers might affect their 2007 or future taxes. Because customers and prospects are currently thinking about taxes, the potential sales angle of tax benefits is particularly relevant and effective this time of year. If nothing else, reminding them to explore the tax advantages of their current lease is a great reinforcer of your relationship with your customer. If a client believes he or she will receive a personal or corporate refund, ask how the lessee or prospect plans to reinvest the funds. If they owe this year, tell them how you might be able to help reduce or eliminate the burden next year. Tax refunds also convert well into up-front amounts on additional equipment!

Spring is around the corner. For a good portion of the Untied States, Spring marks the beginning of the major construction season for roads, buildings and residences, not to mention high season for agriculture, forestry and landscaping. It is no wonder then that it is also historically the best season for lease originations. Now is the time to get in front of customers - especially repeat customers - so that you are top-of-mind when it comes time to finance the equipment they need for this year's construction season.

It's always a good time. Not a week goes by that a current lessee doesn't contact SunBridge Capital looking for additional financing. We of course refer them back to their brokers, but it goes to show that there is certainly demand in the marketplace for repeat financing. Also, see the sample deal below. The lifetime value of a customer can easily exceed $20,000 or more.

There are lots of ways to stay in touch with past lessees and applicants. A phone call can be one of the most powerful methods of communication, but don't rule out follow-up by mail, such as a postcard, or e-mail. These methods allow you to reach out to a much larger audience without sacrificing time to prospecting new customers and vendors.

Want more marketing tips? See more.


S a m p l e  d e a l  o f  t h e  w e e k
Third funding for strong-credit lessee earns the broker another ten points in commission 

SunBridge Capital is able to write multiple leases for one lessee depending on credit strength and total exposure. The sample transaction below funded this week and brought the total commissions to nearly $21,000 earned by this broker on transactions for this lessee with SunBridge Capital:

Average Trans Union FICO: 712
Verified time-in-business: 25.1 years
Assets: Three 2008 trailer-mounted log loaders
Amount financed: $68,750
Documents needed for credit decision: online application
Monthly payment: $1,877
Requested broker commission: 10 points = $6,875
Funding status: Booked

More information on SunBridge Capital's credit programs.

Want more sample structures? See more.


S t a t e  o f  t h e  i n d u s t r y
Will ten phone calls to past applicants win more business than ten phone calls to new prospects?

 

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.)



Will ten phone calls to past applicants win more business than ten phone calls to new prospects?
view results


P r o g r a m  a d v a n t a g e
Hold Trucks at Hand equipment for time to complete the purchase or finance

There is tremendous opportunity available to you when you and your clients select equipment from Trucks at Hand and financing from SunBridge Capital. Many brokers have embraced this opportunity to offer more approvals and increase their profitability. First, check www.trucksathand.com to view available assets. If the asset is featured on our Web site, it is very likely still available. Next, you can hold specific assets for your customers in two ways:

Deposit equal to 10% of the list price paid by certified funds (usually paid by wire). This deposit is fully refundable for any reason. The deposit can be used toward the up-front amount owed by the customer. Once the transaction is complete, the remaining balance (which may be the full deposit) will be refunded to whoever originally paid it.

Receipt of executed SunBridge Capital lease documents and up-front funds owed to SunBridge Capital will also hold the equipment. Even if other pre-funding items are not completed, such as insurance or corporate documents, receipt of signed lease documents and the up-front funds will hold the asset.

While rare, Trucks at Hand does retain the right to set a time limit on how long an asset can be held.

Use one of these methods to secure equipment for your Trucks at Hand customers to enjoy even greater success with the program and the ability to close more deals for more customers. 


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
Know whether your applicant will be approved on Trucks at Hand equipment

You can know whether your SunBridge Capital applicant will be approved on Trucks at Hand equipment based on the credit decision instant alert (e-mail) you receive after applying for a standard transaction with SunBridge Capital. If you have submitted an application to SunBridge Capital for a standard transaction in which the customer is acquiring equipment from a dealer (or private party for titled equipment), the credit response instant alert will tell you if that customer would be approved on equipment from Trucks at Hand.

If the applicant is approved for a standard transaction, the applicant will also be approved for financing equipment from Trucks at Hand. They will also enjoy lower payments and less due up-front when financing equipment from Trucks at Hand, and you can earn up to 12 points in commission.

If the applicant is not approved for a standard transaction, the instant alert will tell you whether the applicant will be approved on Trucks at Hand equipment. The bottom section of the e-mail will contain a paragraph which begins "Although your application was declined, this applicant would most likely be approved for financing on a Trucks at Hand asset." This indicates a very high likelihood that this applicant will be approved on equipment from Trucks at Hand.