eLease Equipment Leasing

Greetings Entrepreneurs,

Today I got sad news that my corporate credit card was being cancelled from Advanta Business Card.  The Card had a a 50K limit and it was the card that I issued to key employees for purchasing.  Although we tended to use the card and pay it off monthly I thought about the small business owner that relied on this card exclusively in tough times to meet cash flow needs.

Advanta was a great company and even owned a leasing company which later became Marlin Leasing.  This is their final exit off the business stage and unfortunately might take a few hundred small business’s with them.

I am hearing almost daily on long established lines of credits being cancelled or a minimum being reduced.  Are we all having fun yet?

eLease is hosting a one hour Webinar for Sales People to better understand equipment and how to sell financing in todays economy.  Please email me if you are interested in attending.  We are limiting the people to 50 and will most likely do this every 2 weeks.

Thanks,

Tom