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 174
September 19, 2008

New Trucks at Hand promotion for September: no payments until 2009, plus much more for you and the customer. View it now.

Resources

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

- Transaction Guidelines
- Asset & Credit Guidelines

- PDF of all Guidelines

Online presentation on the SunBridge Capital program

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

Customizable Marketing Tools

Tech-based Tools
- 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

Recorded presentation available online of the Trucks at Hand program

Post off-lease equipment on your Web site

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

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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
Absence makes the business grow stronger

When you were in grade school there was little change in your routine. But a few times a year, someone different was standing at the front of the classroom – the substitute teacher. And the games began. Students would sit at different desks, tell the substitute teacher how things really worked, earn reprieve from turning in homework, and get an extra day to study for the spelling test. What happens in your classroom when you are gone can tell you a lot about your role and your business.

 

If you haven’t taken off several consecutive days in a while, first address that problem! If you have, think about what did and did not happen while you were out of the office. There are lessons to be studied.

 

Did your office turn into a scene from Lord of the Flies? No, it didn’t. You are surrounded by good people. But not everything went business-as-usual, either. Some tasks were not completed as quickly or with the proficiency you would have liked, while others cruised along just fine – maybe even better. These two situations demonstrate opportunities for your business.

 

Those activities which progressed as usual or better when you were out – stay out of them. Whether it is approving marketing materials, signing off on client proposals, shadowing salespeople or running meetings, you aren’t contributing, but rather creating a bottleneck. To put it nicely, your time is more valuable when spent elsewhere. For instance, if you are a salesperson and your sales assistant did not have any issues handling calls from your existing accounts, maybe you should focus more on prospecting and let your assistant be responsible for account maintenance. If you are a manager and your team held up fine while you were gone, maybe you should shift more focus to strategic planning and stay out of the day-to-day.

 

Those things that did not run smoothly while you were out are also opportunities. Your peers that covered for you or your staff who support you did not understand your expectations. Assuming they were not punching out at noon every day, the failure to properly complete responsibilities means they do not have the resources to do so. You need to transfer knowledge about how you operate and what you expect. You will likely find areas of misunderstanding that were not otherwise visible to you, but nonetheless are in need of attention. For instance, if you are a salesperson and another rep was covering for you, you will see the differences in how the two of you operate which can lead to swapping of best practices. If you are a manager and your staff was paralyzed during your absence, it may mean that you are too involved in the details and need to give your team more autonomy.

 

A more long-term opportunity may be illuminated during your absence – what if something extreme were to happen? Do you have redundancies in place? For instance, is someone else authorized to make purchases for the company or negotiate pricing with customers? Do you have your staff members’ home and cell phone numbers stored somewhere else besides your office? If you are a small shop, is there another broker or service provider that can service your accounts while you are away?

 

Analyze your business's performance during your absences to better understand how and where you can best contribute to its success.

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
Bucket truck requires minimal up front

Bucket trucks are a preferred asset of SunBridge Capital. The sample transaction below funded earlier this week:

Average Trans Union FICO: 715
Verified time-in-business: 8.7 years
Asset: 1999 International bucket truck
Amount financed: $37,000
Documents needed for credit decision: online application
Monthly payment: $959 (including tax)
Due before funding: $1,659 (no capital cost reduction)
Requested broker commission: 8.25 points = $3,052
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
What do your customers experience when you are out of the office?

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.)



What do your customers experience when you are out of the office?
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P r o g r a m  a d v a n t a g e
Best wishes to the UAEL for a great show

Unfortunately, this year SunBridge Capital is not able to attend the UAEL Annual Conference & Exposition. We are proud to be members of the UAEL and wish success to the association, the show attendees and all UAEL members. For more information on this great event which will be held next week in Denver, visit www.uael.org.


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
Have sellers expedite titles to best serve the customers

For the fastest delivery of titles to customers after funding, have the vendor quickly send the title to SunBridge Capital. To avoid delays, be sure the vendor completes the title per our Titling Worksheet.