by David Craig | Jul 26, 2022 | Equipment Leasing, Genie Gems
This week’s video asks the question, Why Equipment Leasing? Lease Genie can finance 100% of the equipment Cost, requiring minimal money up front conserving working capital. Equipment lease terms are from 1 up to 7 years. Additionally, there are Tax Advantages – The...
by David Craig | Mar 29, 2022 | Genie Gems
Why Credit Write-ups Help Funding Approvals. Lease Genie takes time to learn about our client’s business and completes a credit write-up on all its clients to improve a successful approval and funding. It is important for the equipment being financed either saves...
by David Craig | Mar 22, 2022 | Genie Gems
Genie Gem continues is discussion on Commercial Credit Lease Genie discusses the first commercial credit scoring models and how they have evolved over time. Common predictors include Repayment, Business Industry, Revenue, Time in Business, Geography, Trends, and...
by David Craig | Mar 15, 2022 | Equipment Leasing, Genie Gems
Gems this week discusses the 5 C’s of credit. Lenders have used this foundation approach for decades. The 5 C’s are: Character, Capacity, Collateral, Condition, and Capital. We would welcome a conversation about any topic that makes equipment leasing uncomplicated....
by David Craig | Mar 8, 2022 | Equipment Leasing, Genie Gems
Genie Gems this week discusses how Lease Genie’s credit window is wider than a bank, accepting “A”, “B”, and “C-challenged” credit along with Start-up businesses, which are classified as less than 2 years’...
by David Craig | Mar 1, 2022 | Equipment Leasing, Genie Gems
Genie Gem discusses credit scoring from the early beginning when credit scores were based on Housing, Age, and Income. Credit scoring has evolved to more complicated mathematical techniques such as multivariate regression and artificial intelligence. Lease Genie...