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Equipment Leasing and Financing
book

Equipment Leasing and Financing

by Richard M. Contino
November 2019
Intermediate to advanced content levelIntermediate to advanced
218 pages
5h 17m
English
Business Expert Press
Content preview from Equipment Leasing and Financing

CHAPTER 3

Evaluating the Establishment of a Product Vendor Third-Party Financing Program

Fully In-House or Third-Party Financing Program Options

There are two basic ways for a product vendor to establish a customer product financing program.

The first is to establish their own in-house financing operation, discussed in detail in Chapter 4. Typically, in the recent past, the setting up of an in-house financing operation by a product vendor was not considered a viable option because it required establishing from the ground up a specialized and fully functional operation, which included hiring a credit manager, an operations manager, legal counsel, a state and local sales and property tax manager, and document review specialists, in addition to ...

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Publisher Resources

ISBN: 9781949991932