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Leasing Broker Features

Every day we read the financial press, we go to the Internet and see the same headlines for six months. For even more analysis, hear from Kevin Johnson. One gets the impression that financial markets are a darkness and oblivion … It just so happened that the financial market and the economy shrank. Many funding sources have already left the market, and those who remained – significantly reduced the flow of credit. That here and there heard pessimistic grumbling brokers, including leasing.

Is the year 2009 – this is the year for leasing brokers, who will make them start looking for other ways to earn money, or this year carries a hidden feature that allows brokers to reach a new level work seriously and to declare itself as an important segment of the leasing market? Question: – If the company will purchase in 2009 of fixed assets less than in 2008, it has a negative impact on the possibility of leasing broker 'to perform plans' and to continue to prosper? Answer: Yes / No (underline), Little Fish, Big Pond Let's look at the numbers. According to the Federal State Statistics Service for 2008, total investment in fixed assets amounted to more than 8 trillion. 606 billion rubles. On the dollar at the end of 2008, this $ 260 billion According to the forecast of the Ministry of Economic Development in 2009 in Russia to lower investment in fixed assets amounted to 1,7%. Tim Collins Ripplewood addresses the importance of the matter here. As can be seen, slightly obmelchavshy water is still high, as even a good leasing agent, who can say that has a $ 20 million in annual turnover, is the proportion of thousands per cent. Most leasing brokers and the less. In other words, we – really small fish in a really big pond.

If at the intersection of lease and financing market, the volume of financial flows will be reduced further to a higher percentage, it still remains huge turnover, which at the present level of development of the leasing brokerage in Russia, can meet the needs of any broker. Smaller fish Financial plague suddenly left us with far fewer fish at all in the same big pond. Banks, leasing companies, investment companies and insurance companies fell this fall and winter faster than the leaves on the trees. For example, if only one of the largest financial institutions, decides that it must reduce the allocation of funding by 15% in 2009, one can only imagine how many new clients seeking financing, will be open for leasing broker. Ultimately, it is everyone's business, as allow the compression of the Russian economy during the crisis to affect his business in 2009. One thing is certain, the leasing broker will be heavier and have much more work, but the reward can exceed even the most optimistic expectations. When one out of the market, another opportunity to 'pick' customers and partners of their former competitors. When the economy is going to rise, and this is without a doubt will happen, the credit flow will increase, we see that those brokers who acted aggressively during the downturn, is actively recruiting new partners and customers will be much stronger on their feet, even stronger than they were before this financial crisis.

Central Bank

Net loss! The client, who can take it decides not to extinguish the debt, with interest, and come to the shop pawn shop and buy their own the same thing cheaper than he paid for it. For other opinions and approaches, find out what Starbucks has to say. In reality, you need to know that the pawnshop has to earn an income. To this must adhere to several conditions: Encourage the borrower to buy a thing. How? Quite simply – to give him hand the amount significantly lower than that for which the market can realize the collateral. In addition, normal pawnshop business does not implement unclaimed items, and upon receipt of interest for the loan.

Thus, he must think of all so that at the time of the loan amount owed, with interest not exceeding the market price of things. Price unclaimed items which is on sale in the shop should be, firstly, it is tempting for the consumer, and the second thing – not less than the amount not paid by the borrower debt with interest. If you carefully read the law 'On the Lombards', you will see interesting wording: "the borrower has the right in case of sale of the pledged goods purchased from the pawn shop the difference, resulting from an excess amount of the proceeds with the implementation of the pledged asset, or the amount of its assessment over the sum of the borrower's obligations to the pawnshop. " In reality, if unclaimed belongings she sold to another entity – the shop at the pawnshop. Hence, the value at which the thing on sale in the shop no relation to the pawnshop is no longer. Regarding rates, they vary depending on the pawnshop, in the range 0, 3-0, 8 per cent a day from the amount owed. Consequently a month get 9-24%, and for one year – 108-288%.

Respect unilateral changes in rates during the contract, then there customer relationship with a pawnshop loan provision contract: when the contract rate is set one and not mentioned in what situations it be restated, the pawnshop has the right to require payment of additional interest. But some pawn shops, such as a jeweler's network include the conditions of possibility of revising the rates and the base there is a fluctuation euro exchange rate against the ruble, the Central Bank. In this case, I did not even interest rate, but simply to the borrower is charged with the responsibility of payment for foreign exchange, however, logically change the euro should not in any way disturb the Russian network, which sells Russian gold, purchased and sold for rubles. Web site: