Goldleaf - Products: Leasing for Financial Institutions

Overview

Work Flow

Benefits

Goldleaf LendingNetwork

LineManager

CollectionsManager

IdentificationManager

MarketingManager

Leasing

Someone is talking to your customers about leasing. Shouldn't it be you?

Overview

Eighty percent of businesses use leasing to meet their organizational and equipment needs, and it's likely your current customers would prefer to lease with you--the bank they know and trust. Why lose their business to a third party when you can offer a solid leasing program with no cost or administrative burden?

Leasing is a private-label leasing program that lets you respond to the leasing needs of your customers with the same efficiency and expertise as your competitors. At the same time, you take on none of the administrative or financial burdens of operating a full-service leasing program.

Work Flow

With Leasing, you offer a full-service leasing program to current and prospective customers under your financial institution's private label--and fund the leases according to your lending criteria. Goldleaf handles all of the administrative work, including collateral valuation and lease servicing. Keep in mind that Leasing does not compete with loans--it helps your bank generate additional loans, as well as fee income.

1.	Your lender discovers a lead in the customer base.
2.	Our Bank Leasing professional and Lease Relationship Manager will analyze the applicant's data and structure a lease to best meet their financial needs.
3.	We then generate a proposal, complete the lease transaction and generate all lease documentation.
4.	The bank originates a loan to Leasing, and we in turn service the transaction.

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Benefits

For Banks

Gain a competitive edge in the marketplace
There has never been a more important time for community banks to offer leasing. Unprecedented competition from national banks with sophisticated product suites make leasing programs a must-have in order to expand market reach and obtain additional business from current customers.

Grow your loan portfolio
Leasing is not just a valuable financial alternative for your customers; leases have high yield potential and add significant value to your credit portfolio.

Cross-sell additional lending products
With a solid leasing program, you'll enjoy an expanded customer base to whom you can cross-sell other products and services.

For Businesses

100% Financing--Businesses can maximize their investment by incorporating soft costs like shipping and installation into the terms of their lease.

Preservation of cash and credit lines--Business owners can allocate capital to other areas of their business, such as personnel, inventory or advertising.

Cutting-edge technology--Business owners will never be stuck with obsolete equipment or technology; they can simply upgrade before their lease term ends.

An investment protected from inflation--Lease payments are fixed and locked in for the term of the lease.

Flexibility--Payment plans can be structured to fit a business's budget and accommodate seasonal sales cycles.

A tax advantage--Leases can be deducted as operating expenses--and often offer tax timing advantages.

Choice at lease end--When the lease term expires, a business may have the option to purchase the equipment, trade up to new equipment and continue to lease with flexible terms, extend the lease term, or return the equipment.

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Leasing Services

	Hardware and software leasing
	Technology-refresh leasing
	Vehicle leasing
	Office machinery and equipment leasing
	Asset management and re-marketing
	Independent equipment pricing and procurement

A business in this position …

Is an ideal candidate for …

Seasonal cash flow		Skip payment plan
Doctor or dentist adding an additional office		Structured payment plan
Seeking off-balance sheet financing		Operating lease

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Training

We thoroughly train your lenders to familiarize them with the benefits of leasing and enable them to identify the financing scenarios that will be best served by leases as opposed to loans. Our contract administrators then explain our leasing procedures and documentation in full.

A Leasing Relationship Manager will work with your lenders on an ongoing basis to identify lease opportunities in your market.

Getting Started

To learn more about Leasing, contact us at 770-906-1443 or

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