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Unformatted text preview: processing have proved
attractive to the firm’s customers,
who like having an alternative to
Likewise, using online lease
applications has proved beneficial
to Computer Connection of New 681 In Practice
York (CCNY) for its small-ticket
leases. “It’s a win–win solution,”
said Scott Fluty, CEO of CCNY. “Our
customers get approvals at the
point-of-sale, an easy online application, and low monthly payments;
we get an automated process that
helps to generate income and
improve our cash flow.” In addition, the funding network associated with the application
increases the chances that customers will secure lease approval
at competitive, risk-adjusted
prices. For the vendor, the system
also speeds payment.
Sources: “Auspex Adds Online Lease
Financing Option for Its Enterprise File
Servers,” PRNewswire (August 2, 2001); and
“Key Equipment Vendors Accelerate Customers’ Lease Transactions with Ampent
Platform,” Business Wire (July 11, 2001),
downloaded from findarticles.com. Jeffrey Company, a...
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This document was uploaded on 01/19/2014.
- Fall '13