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 178
October 17, 2008

Trucks at Hand promotion extended through October: no payments until 2009, plus a $600 gift card for the customer and a $600 gift card for you.
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

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

Dear Broker, here are your updates for this week...


M a r k e t i n g  t i p
New technologies and tools can help you communicate faster and cheaper

Whether your brokerage has office space or you work from your home, your communications are wired directly to your bottom line. The faster and more professionally you communicate with customers and partners affects your sales, and the efficiency and cost of communications is important in controlling expenses.

Recent technology advances offer the latest enhancements in online, verbal and fax communications. Below are some of the many opportunities and popular providers of products to enhance your communication effectiveness while minimizing costs.

 

Online

 

Modern Web sites are more than text and pictures. Animation and video are popular and effective tools for conveying marketing messages. AuthorStream converts your standard PowerPoint presentations into video and animation that can be easily included on your Web site [more info].

 

Real-time collaboration during presentations and negotiations has become expected. What once required substantial investment and complex processes is now simplified. Glance provides simplified and low-cost desktop sharing for pitching new vendors or larger lessees and can be used to facilitate negotiations and the lease application and documentation process [more info].

 

Voice

 

Several new technologies and their corresponding tools in the telephony space allow you to do more with less. If you and your team network across several locations or travel frequently you may benefit the most.

 

One of the leaders in VoIP communications is Skype. Their system uses the Internet to connect calls instead of phone lines or mobile phone networks. This enables them to offer free and low-cost calling options. You can talk to other Skype users for free no matter where they are located. Recently they added free video conferencing between users so you can collaborate with your team or key partners [more info].

 

Options for mobile communications over the Internet are becoming more common. Skype offers one of the few mobile phones on the market that connects calls using the Internet instead of standard mobile networks. Manufactured by Netgear, the WiFi phone uses standard wireless Internet connections to place calls through Skype. This means you could have a mobile phone you can use in the office, at home or on the road to make mobile calls for free at any time of the day [more info]. If you don't want a separate phone to take advantage of VoIP cost savings, there are options available from both Skype and T-Mobile. Look into Skype's downloadable software that will turn any smart phone running the PocketPC operating system into a wireless VoIP phone [more info] and T-Mobile's HotSpot system which gives you a phone that can connect calls over the Internet when within range of a WiFi signal (home, office, hotel, etc) or use their standard mobile network if a WiFi signal is not available, again saving on pricey daytime minutes [more info].

 

Another front-runner in the VoIP market is Vonage, who has historically competed by offering VoIP telephony that acts like your regular land line. A new product offering from Vonage is the V-Phone. It turns any PC with a high-speed internet connection into a VoIP phone using only a small USB drive. This allows you to make very inexpensive long-distance and daytime calls with the flexibility to take your phone number with you from the office to your home or hotel [more info].

 

For larger organizations, you may find yourself wondering the location of team members - are they in the building? on a sales call? at home? Verizon has a simple solution that enables you to know the whereabouts of an individual's mobile phone using GPS tracking. Designed to help parents track their children, the Chaperone system can be used with many of Verizon's most popular phones that executives or salespeople would be glad to carry [more info].

 

For the multi-tasker, using your mobile phone while driving is now cheap and easy. Only a couple years ago, you had to either purchase your vehicle with Bluetooth capabilities already installed or pay hundreds of dollars for the modification to your vehicle. For less than $100, the ToothPik empowers you to talk to your office, vendors and lessees while driving without fumbling with an earpiece and with both hands on the wheel [more info].

 

Faxing

 

If you are still faxing through a machine, you are due for an upgrade. Digital (or electronic) faxing is quickly becoming the standard for a number of reasons. Digital faxing produces cleaner, more professional-looking faxes. It enables you to receive and transmit faxes from anywhere you can connect to the Internet, meaning you can get and send faxes when working remotely or when you are on the road. Digital faxing removes the need for paper, machine maintenance and toner, which can be a big savings. Some of the leading providers of digital faxing are...

Check out these and other technologies that will help you communicate faster, more clearly and with less expense.

 

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
Low up-front financing for sleeper cab tractor for owner-operator earns broker full ten points

One of the toughest segments to finance is owner-operators of over-the-road assets like sleeper cab trucks and refrigerated trailers. You can finance owner-operators (including start-ups and sole proprietors) acquiring over-the-road assets from Trucks at Hand with only the first payment due before funding. The sample transaction below booked earlier this week:

Average Trans Union FICO: 614
Verified time-in-business: 8.8 years
Asset: 2003 Kenworth sleeper cab tractor
Amount financed: $54,000
Information needed for credit decision: online application
Monthly payment: $1,707
Due before funding: $1,798 (no capital cost reduction)
Requested broker commission: 10 points = $5,400
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
Do you currently offer Trucks at Hand inventory on your Web site?

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.)


Do you currently offer Trucks at Hand inventory on your Web site either directly or by linking to currentinventory.net?
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P r o g r a m  a d v a n t a g e
Multiple over-the-road trucks and trailers available

Looking to finance over-the-road assets, even for start-ups and sole proprietors? You can by selecting trucks and trailers from Trucks at Hand, the dealership of SunBridge Capital's off-lease assets. SunBridge Capital can often finance over-the-road assets from Trucks at Hand for applicants with FICO scores as low as 600, recent bankruptcies and no time-in-business. Enjoy aggressive terms including only the first payment due before funding, 60-month financing on all units, and ten points in commission for you! Right now we have many units available:

Available sleeper and day cab tractors:
www.currentinventory.net/search/category/38/Sleepers_Day_Cabs_and_Chassis

Available refrigerated ("reefer") trailers:
www.currentinventory.net/search/category/68/Reefers

Available dry van trailers:
www.currentinventory.net/search/category/61/Dry_Vans