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Happy Fourth of July

We hope everyone has a safe and relaxing 4th of July.



River Capital Selects ASPIRE™ From LEASETEAM, Inc.
 
Westlake, OH June 17, 2015 -- River Capital is pleased to announce that they have selected LeaseTeam's single system end-to-end lease and loan management solution, Aspire.

River Capital offers equipment leasing solutions ranging from small to midmarket companies, to Fortune 100 companies.

River Capital prides itself on offering a personalized customer experience, paired with flexible options and quick funding turnarounds.  To ensure they continued to offer the best possible customer experience, they began evaluating new lease / loan management solutions. Their goal was to enhance their processes through workflow, automation, improved transparency and reporting options. 

According to Matt Kennedy, President, “We pride ourselves on offering personalized service paired with flexible financial solutions and quick funding turnarounds.  Maintaining this business model is very important to us, which is why we decided to make a switch to LeaseTeam’s ASPIRE lease/loan management solution.  ASPIRE’s end-to-end platform offers us the workflow automation, reporting and transparency we need to continue growing our business while continuing to offer a top-notch customer experience with up to the minute data.”

We’re very excited to add River Capital to our growing list of ASPIRE customers, said Jeff Van Slyke, VP of Business Development LeaseTeam.  River Capital is built on a relationship-driven approach and it shows in the longevity of their client relationships.  ASPIRE’s workflow and automation capabilities will help support their desire to continue evolving their processes / services in order to best serve their clients.”

About LeaseTeam
LeaseTeam, Inc. has been providing quality software and business solutions to companies in the equipment finance and leasing industry for more than 20 years. LeaseTeam is an industry leader providing exceptional software, support, training and strategic consulting services to more than 250 financial organizations throughout North America. For more information, call (800) 531-5086 or visit www.leaseteam.com.
 
 
About River Capital Finance
Formerly known as MRK Leasing, River Capital Finance is an independent equipment finance company that provides business to business (B2B) lending solutions throughout the United States. We are an industry leader in the barcode scanner marketplace with a specialty in information technology, data capture, and warehouse equipment.


New River Capital Polo's and Jackets have arrived!



Benefits of Leasing

Below is a sample list of how leasing your equipment can be benefitial to your business. 

·         No Down Payment Required
Traditional leases do not require a down payment
·         Full Life Cycle Leasing
Covers equipment through installation, use and disposal
·         Conserve Capital
Preserve working capital that can be used for other areas of business
·         ROI Achievement
Lower monthly payment increases ROI

These are just a few of the many advantages to leasing your IT equipment. Contact us at 216-535-4105 to discuss more benefits!



Tacos for Cinco De Mayo


Team Lunch at Hyde Park!



Selfie day at River Capital


Have a safe & relaxing Memorial Day Weekend!

 



Members of River Capital took part in CPR training classes this past weekend.





 



4 Advantages to Leasing Office Equipment

I bought a new computer last month; I paid $2,200 for a top-of-the-line Apple MacBook Air. I already know that after a year or so I'll get the itch to upgrade, at which time I'll shell out another couple of thousand dollars for the latest model. But, as a smart guy (and a finance writer), it occurred to me that maybe there's a more cost effective way to keep current with technology... READ MORE.


Kennedy Craft Beer, Proposed for Westlake

Westlake, OH, November 12, 2014 –- A microbrewery that would include a tasting room to sell beer could be coming to Westlake. Sean Kennedy, representing Kennedy Craft Beer LLC, is asking the city of Westlake for clearance to open the microbrewery at 29305 Clemens Road. He also wants the city to sign off on allowing a food truck... READ MORE


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EQUIPMENT LEASING AND FINANCE INDUSTRY CONFIDENCE AT TWO-YEAR HIGH FOR THIRD CONSECUTIVE MONTH


Washington, DC, May 20, 2014 –- The Equipment Leasing & Finance Foundation (the Foundation) releases the May 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827 billion equipment finance sector... READ MORE


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How equipment leasing can save you money



Starting a new business? Leasing your equipment could cut your startup expenses in half... READ MORE


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ELFA SURVEY OF EQUIPMENT FINANCE ACTIVITY REPORTS OVERALL NEW BUSINESS VOLUME GREW 9.3% IN 2013

Washington, D.C. — New business volume grew 9.3% in the equipment finance industry in 2013, according to the 2014 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association...  READ MORE

HOW EQUIPMENT LEASING CAN SAVE YOU MONEY/span>

According to IMC., owning a business doesn’t mean you have to own all the EQUIPMENT you use on a daily basis. Many small businesses choose to rent their commercial equipment rather than buy it outright, allowing them to both save on costs and use the most up-to-date products. Equipment leasing can be particularly helpful for ENTREPRENEURS starting a new business, as renting can lower the initial inv... READ MORE.


 

EQUIPMENT LEASING AND FINANCE INDUSTRY CONFIDENCE AT TWO-YEAR HIGH FOR THIRD CONSECUTIVE MONTH

Washington, DC, May 20, 2014 –- The Equipment Leasing & Finance Foundation (the Foundation) releases the May 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827 billion equipment finance sector. Overall, confidence in the equipment finance market is 65.4, relatively unchanged from 65.1 last month, peaking at the highest index level in two years for the third consecutive month. When asked about the outlook for the future, MCI survey respondent, Valerie Hayes Jester, President, Brandywine Capital Associates, Inc., said, “We have experienced a transaction flow that appears to be returning to a more normal state after the winter slowdown. Companies seem to be getting back on track and ordering equipment that should have been delivered in the first quarter. I am still concerned with the longer term effects of the many changes in our healthcare system as well as still undetermined tax policies that have great impact on small businesses.” May 2014 Survey Results: The overall MCI-EFI is 65.4, relatively unchanged from the April index. When asked to assess their business conditions over the next four months, 31.4% of executives responding said they believe business conditions will improve over the next four months, down from 37% in April. 68.6% of respondents believe business conditions will remain the same over the next four months, up from 60% in April. No one believes business conditions will worsen, down from 2.9% the previous month. 34.3% of survey respondents believe demand for leases and loans to fund... READ MORE.