Back to Blog Posts

Key leader gives roadmap to non-standard financing agreements

By Amy Thomas in Thought Leadership Posted March 21, 2017

Non-standard financing agreements are perhaps the fastest-growing equipment finance option available to customers in today's market, but there remains a certain amount of uncertainty around the model.

In a new article in the National Equipment Finance Association's Newsline, Joseph D. Pulicano, senior vice president of techNon-standard financing: The way forward for finance companiesology financing for Key Equipment Finance, describes the proliferation of non-standard financing agreements, the basics about their features, customer demand, making the shift to a service model, evaluating risk, and the key to success.

“As a service” offerings – sometimes also called managed solutions agreements (MSA) – are a relatively new category of products that provide maximum flexibility for the customer. They frequently include bundled hardware, software, services, maintenance and other assets, with payment variability that can include everything from usage-based payment plans to early cancellation.

"As customers increasingly move from purchasing hard assets to investing in bundled solutions that include hardware, software, services, support and other intangible benefits," Pulicano says, "we too must figure out how to bundle and finance these solutions." 

Read the entire article here:

Read full article

 

 

  

 

 

Back to Blog Posts

Subscribe to our blog

New call-to-action