Skip to main content

Tagged With "Quicken Loans"

Comment

Re: The End Of The Day With Ray! Don’t Screw Up Your Defining Moment

mnchstr ·
I've got shut down customers asking how we can help them because they can't operate. It sucks for us but it sucks way more for them. I have "suspended" an MA for one because they asked" no cost no expense". I was lucky enough to get my PPP loan in on day one, approved and closed. I live to fight another day but I don't think things will change all that much. Americans are not going to change everything because of Covid 19, I may be wrong (wouldn't be the first time) but this is a major...
Comment

Re: Is This the Beginning of the End for the Padding of Lease Rates?

Lease Maestro ·
Here is a report from leasingnews.org. One of their legal editors is doing a three part review of this legislation. Leasing News Exclusive: State Senator Steven Glazer and the genesis of CA SB 1235 (Part 1 of 3) By Tom McCurnin Leasing News Legal Editor This is important not only if you are doing commercial business in California, but this may affect other states. If you are new to this, here is legislation passed both the assembly and senate, awaiting California Governor Jerry Brown’s...
Comment

Re: Is This the Beginning of the End for the Padding of Lease Rates?

Old Glory ·
from today's Leasing News. Ralph Petta Reaction to Tom McCurnin's "Is the Disclosure Too Complicated? of SB 1235" [ http://leasingnews.org/hires/petta_ralph2018.jpg ] From: Ralph Petta President and CEO Equipment Leasing and Finance Association 1625 Eye Street, NW * Suite 850 Washington, DC 20006 "Allow me to take exception and set the record straight with respect to Mr. McCurnin's statement in his September 21 article(1) about passage of disclosure legislation in California, SB 1235 that...
Comment

Re: Demise of the 60 Month Copier Lease

Keith Hachey ·
Originally Posted by Old Glory: I don't understand why the revenue changes from a 36 vs 60 unless a rep is selling the same payment on both. Over the years, I have heard of reps selling a 36 month term and payment but putting 60 months in the term box of the lease. Short of this kind of illegal activity, I don't see why the revenue changes. A $10,000 copier is either $XXX for 36 months or $YYY for 60 months but the funding (revenue) remains $10,000. The revenue difference comes from...
Comment

Re: Copier Scams Part Deux "Dude Where's my Copier"?

Old Glory ·
That's not really the point I was trying to make. The point is that a salesrep shouldn't assume anything as fact because the facts vary from dealer to dealer and lease to lease. That having been said, you are missing a big part of the lease equation and that is the "alternative forms of revenue" that comes at the end of the lease. Anytime a lease is ended effectively, the lease company loses the chance of an automatic renewal (evergreen clause), in some cases they lose the chance to sell the...
Comment

Re: Leasing Companies are not Exempt from Changes

Lease Maestro ·
Wow - that was quite the read. While there are a few details that I have a differing opinion on, I cannot agree more with Ray on the the fact that change is coming and the Leasing industry has not choice but to change with it. The question is not "will leasing companies change", but how much will they change and how much will they be able to change within their existing framework. Many of these leasing companies are part of larger banking organizations and will the regulatory and legal...
Comment

Re: Leasing Companies are not Exempt from Changes

Ray Stasiezcko ·
Thanks for commenting the first step to change is the ability to discuss why you should. As all of know change is usually a forced reaction unfortunately. I would say that the real disruptions to any deliverable are those which come from new places. too many see their competitors as someone like them. Today we all need to look in new places. Regarding Quicken I believe the mass market they attract are not 800 plus credit scores. The interest paid by end-users doesn't need to necessary be...
Blog Post

This Week in the Copier Industry 5 Years Ago, The Third Week in January 2014

Art Post ·
Enjoy the threads from 5 years a go this week! Topic Five Vendors Earn Winter 2014 BLI “Picks” in the A3 Color Category Art Post · 1/23/145:35 PM buyers. Konica Minolta Business Solutions, U .S.A., Inc. Konica Minolta bizhub C 364e Outstanding 31- to 40-ppm A3 Color MFP Konica Minolta bizhub C 454e Outstanding 41- to 50-ppm A3 Color MFP KYOCERA Document Solutions America, Inc. KYOCERA TASKalfa 5551ci (Also sold under the Copystar brand) Outstanding 51- to 60-ppm A3 Color MFP Ricoh Americas...
Blog Post

This Week in the Copier Industry 15 Years Ago, The First Week in October 2003

Art Post ·
Not a lot here this week, but some interesting items that included Canon Business Solutions and a duplicator that was introduced with a paper tray. Oh yes, and the question of the week was who was going buy Imagistics. Can anyone answer that? Enjoy the threads from 15 years ago this week: Off & Running! 10/1/034:02 PM Solutions U .S.A., Inc. As one company, Konica Minolta Business Solutions has: · · A projected revenue of over $1.5 billion · · Over 6,000 employees supporting more than...
Blog Post

This Week in the Copier Industry 10 Years Ago, The First Week in October 2003

Art Post ·
In the office on Friday we had a chat about the manufacturers in the industry. My thoughts centered around KonicaMinolta and the great job they're doing with diversifying. Ricoh was at the bottom of the list. Enjoy the threads from ten years ago this week: Ricoh Offers Managed Print Services to Reduce Printing Complexity 10/2/0811:10 PM . In the past, printing was simple as everyone either shared one device or had a personal printer . Now the printing landscape is more complex with multiple...
Blog Post

Leasing Companies are not Exempt from Changes

Ray Stasiezcko ·
Those in the technology industry face many challenges caused by innovation, new competitors, and changing buyer habits. Regardless of your core function in the technology deliverable whether you are a manufacturer, software provider, lessor or a reseller who delivers equipment and its services to the end-users, no one can assume yesterday’s circumstances will remain relevant tomorrow. Today all leasing companies in the channel are delivery models based on a monthly payment where hardware is...
Blog Post

This Week in the Copier Industry 10 Years Ago for the Last Week in April of 2010

Art Post ·
Interesting about what a difference 10 years can make in an industry. Just this week Canon profits will drop 80%. Ten years ago they had posted a profit that had tripled. Ten years ago clients and sales people alike were all concerned about latent images left on copier hard drives. Enjoy these threads from ten years ago this week! Weekend Industry Notes for 4/25/10 Neal · 4/26/107:24 AM which has resulted in the opening of offices in 15 metropolitan areas in the last year - Rosetta...
Blog Post Premium

More Bad News for Sharp Corporation?

Art Post ·
I don't like beating a dead horse, however, the news just keeps getting worse and worse for poor Sharp Corporation.    Recently I posted up these threads on the forums:   Sharp posts big loss on smartphone downturn Japan Display says...
Blog Post

Sharp Corp Begs Employees to Buy Sharp Products

Art Post ·
So, things are as bad as I thought they were at Sharp.  This recent headline caught my attention yesterday, "Out of desperation, Sharp begs its own workers to buy Sharp products". What was my first thought?  Whoa, maybe all of the Sharp...
Blog Post

Investing in DocuWare

Art Post ·
Investing in DocuWare Loan and investment company BACS Banco de Credito y Securitizacion S.A. integrated DocuWare to simplify documentation and record-keeping practices, and strengthen the security and accuracy of their records. BACS improved document workflows, auditing practices, and customer service by switching to electronic document management. Based in Buenos Aires, Argentina, BACS is a leader in the design of financial solutions for investment companies and capital markets. BACS has...
Blog Post

This Week in the Copier Industry 10 Years Ago (Second Week of April 2007)

Art Post ·
The fist thread that caught my eye here was the purchase of Global by Xerox. Run that with the recent course of events from Ricoh last week and it's strange how these mega events fall into to place on the timeline. Enjoy the threads from ten years ago this week! Konica Minolta Offers the Highest Level of 4/11/07 11:47 PM Konica Minolta Offers the Highest Level of Security in Industry for MFP Product Line Newark - RAMSEY – Amid growing concern for the security of documents being processed...
Blog Post

This Week in the Copier Industry 5 Years Ago (Third Week of August 2014)

Art Post ·
Pretty exciting day for P4P Hotel today. I received our video for promoting the P4P Hotel over social media. I'll be uploading on YouTube in the next couple of days and will then post on a blog. Enjoy these awesome threads from 5 years ago this week! New bliQ Time Saving Tricks, Training Sessions, Equitrac Express, ECM Solution.. Art Post · 8/21/1411:02 PM important to you, we’ve got that covered too, with analysis on both printed and copied output. You’ll also find out the value each model...
Blog Post

This Week in the Copier Industry 5 Years Ago (First Week of April 2014)

Art Post ·
Apologies to everyone, it's been a week that I've never forget. I've always lived by this motto "You never know what the tomorrow's will bring you". Well an awesome tomorrow happened last week. You can read more about that with my recent blog or in the email newsletter for this week. Enjoy these threads from 5 years ago this week! This Week in the Copier/Office Equipment Industry 10 Years Ago Second Week of April 2004) Art Post · 4/6/148:39 PM With The Launch Of The New e-StudioTM211 c and...
Comment

Re: Sharp Corporation "What Happens Now?"

SalesServiceGuy ·
Not so fast on the speculation! Foxconn has put off signing the purchase agreement with Sharp based upon just revealed documents suggesting a contingent liability into the many billions of yen. A contingent liability is a potential liability...it depends on a future event occurring or not occurring. For example, if a parent guarantees a daughter's first car loan, the parent has a contingent liability. If the daughter makes her car payments and pays off the loan, the parent will have no...
Comment

Re: Sharp Corporation "What Happens Now?"

Art Post ·
I just read that also, see what happens when you doze off for 8 eight hours. From what I've read, seems Gou is a lot like Trump. I would not doubt if this is another attempt to lower the acquisition cost. Was Sharp holding something back? Who knows, although it's not surprising since Sharp is mired in so much debt. I think the deal will be signed by the 29th and there maybe some renegotiating by both parties. The Foxconn deal gives the share holder loot and the INCJ does not
Blog Post

The Week in Copiers 15 Years Ago This Week

Art Post ·
The Week in Copiers 15 Years Ago for the Last week of June 2015 It is vacation week for me for my day job, however there's no vacation for the Print4Pay Hotel work. My daily blog on working remote will be put on hold until I return. Who knows maybe something will break during the week that I'll be able to write about. Even though I'm on vacation we know we're never really on vacation anymore. Enjoy these awesome threads from 15 years ago this week! Savin 2518/Ricoh Aficio 1018 NIC Deanw ·...
Blog Post

The Week in Copiers 10 Years Ago This Week In 2010

Art Post ·
The Week in Copiers 10 Years Ago This Week In 2010 Recently I signed up for my own lead service because I'd rather spend my time with those that are interested rather than making huge amounts of phone calls each week in a state where businesses are not back to normal. Yes, some of the leads are crap and most are price buyers. I realize I will lose more than I win but just having the data points for that business with DM information is worth the extra dough spent. Enjoy these beautiful...
Blog Post

To Ricoh "What I Want for Christmas for 2020"

Art Post ·
I always like to start these Christmas blogs with a post some sinppets about Christmas tradition in other countries. New Zealand Families traditionally gather for a Christmas Day lunch . Traditional foods include roast beef , turkey , lamb , salads and roast vegetables. More recently, as appropriate to the often hotter weather of the day, it has become popular to serve local seasonal produce such as cold meats and seafood (such as eel). Increasingly common, instead of a formal dinner...
Blog Post

The Week in Copiers Five Years Ago

Art Post ·
The Week in Copiers Five Years Ago Third Week of March 2016 What Is Digital Transformation? Digital transformation is the process of using digital technologies to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements. This re-imagining of business in the digital age is digital transformation (from Sales Force) Enjoy These Awesome Copier Threads from 5 Years Ago This Week! Konica Minolta Acquires Meridian...
Blog Post

Selling Copiers in the Eighties with Kimberly Hinkley

Art Post ·
Hey everyone! Our new blog/interview is with Kimberly Hinkley. Kimberly is a long time Print4Pay Hotel member and is currently active in our industry. Selling Copiers in the Eighties with Kimberly Hinkley Art: How did you find your way into the copier industry? Kimberly: It was about 1985. I started part-time at a computer graphics distributor in southern California entering commission payout data for the sales team during college on an early IBM computer. We sold computer graphics...
×
×
×
×
×