March 26, at Sighing she shook off the thoughts plaguing her as she strode along.
It does not indicate as in previous filings as the information is not listed that "Evergreen Clause" leases with the automatic 12 extra payments were the main profit, primarily in the copier field.
In the last three years, it has continued its leadership in small ticket marketing, as well as taking advantage of "Evergreen Clauses," automatically throwing leases into an additional 12 months when the customers is not aware of the payments made.
Originally, a broker oriented group born out of Advanta Leasing, under the direction of Dan Dyer the company has changed direction, acquiring an industrial bank for funds, trying factor, mortgage loans, business loans, and becoming the first to exit the broker market to emphasize direct sales.
Recently the company went back to a limited indirect market allowing up to twenty independent brokers to submit transactions.
Portfolio credit quality continues its strong performance with lower delinquencies and charge-offs reported this quarter.
Looking ahead, our focus is on disciplined growth and capitalizing on the opportunity to serve the growing credit needs of small businesses across the U. Full 8K Press Release with financial statement: While our focus is still in our second tier credit niche with appropriate pricing, we are trying to respond to our TPO's third party originators needs in that better rate segment.
We believe that our historical knowledge and the experience we've gained over the past two years helps us properly identify and price for risk.Strong writing, mn prweb may 08, mn, inc.
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