Carpe Diem with Tiger Leasing
It's no secret that the American economy is still in a precarious state. No one knows exactly what the future will bring other than more tumultuous times that could continue to bring shocks and volatility to the markets.
But crises can be blessings and catastrophes can create opportunities. At Tiger Leasing, we are now seeing great candidates for the sales positions we've long been attempting to fill. Equipment vendors, who engage the services of financial behemoths like GE Capital, IBM Global Finance, and CIT, are now calling us to get deals done. Prospective lessees are calling after finding that their banks are curtailing lending or their long time leasing company had their credit lines pulled. Opportunities abound.
Just a few years ago, our type of equipment leasing organization was considered a "step child" of the industry; a small, independent leasing company with non-recourse lines of credit from a number of banks and finance companies. We are an independent equipment leasing company, constantly striving to provide customized commercial leasing, and everyone was telling us to build our balance sheet, hold our leases, and thus be a more "attractive" company. Private equity was at our doorstep for a price and some handcuffs, saying it would allow us to leverage our balance sheet and grow fast. We turned it away. The leasing companies with the big balance sheets and assets that are still in business have been brought to their knees by the double whammy of rising delinquencies and limited or no funding. Tiger Leasing is standing strong; the benefits of leasing are becoming more and more apparent. We're ready for you.
We are a potent survivor with reliable funding from some strong local banks with whom we do a steady, consistent flow of business. We do what it takes to make our customers happy and do the right thing. It shows in our numbers. Over 50% of the business we do is from our existing customer base. When we can't do something, we let people know right away – we don't waste anyone's time. Although we can and do conduct business throughout the country, over 75% of our business is local, within New York and surrounding states. Are you a new company looking to start up in these historic times? Or are you an established company looking for a steady business partner? Whatever your motivation, Tiger Leasing offers competitive lease financing with the personal attention that you deserve.
Our business is and will always be a business of relationships. Those relationships are based on a pillar of trust. We make sure that we do what our customers, vendors, and referral sources expect us to do and more. We have the success stories and testimonials to back it up. This commitment has been our mantra since we started the Company nine years ago and during my 29 years in the industry. We expect to continue doing the same in 2009 and beyond.
Some of the biggest enterprises were built during times of economic hardship by people who saw opportunities where others saw only problems. These are historical times. Lets generate historic growth for your business.
Seize the day today with Tiger Leasing!
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