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Who Are Our Customers?
Scanmaster
supports the Finance Industry for the purchase of Plant, Machinery,
Tractors, Trailers, General Business Equipment, and anything
else that needs Financing. So our Clients
are Banks, Finance Companies and Leasing Companies (see
best fit).
Why do You Need us?
Have you ever financed Equipment that either:
q
...Does
not exist?
q
...Is in
bad shape?
q
...Is worthless?
For
every $1,000 lost via default, or assets
being
unrealizable,
it can take another $1 million
of new revenue to break even.
We help you solve this economically!
Background to the Problems?
In
the current economic climate, pressure on companies and individuals
is being increased by the banks to reduce overdraft limits and
keep them within the securities that support the borrowings,
thus putting an even further constraint on businesses.
Thus the
need to raise money is being directed more towards the finance
companies.
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But there
have been numerous examples where Finance Companies have relied
upon the initial information of the financed item only to eventually
find that they had been seriously misled by the vendor, purchaser/hirer,
dealer or a combination of them.
Although these situations inevitably surface, by the time they
do, this rarely results in re-imbursement of either the financial
loss or the costs involved in pursuing the matter.
The perpetrators of the deceptions can be fined, imprisoned
given community service etc. none of which represents a benefit
back to the Finance company.
Thus Finance Companies must take steps to protect themselves,
and Scanmaster can seriously reduce this type of risk, thereby
making savings on capital loss and the associated staff time
and effort involved in pursuing Fraudsters.
We help reduce Fraudulent
Loan Applications!
How do we Help Solve this?
Most Finance companies have not had, and
do not have, sight of much of
the equipment
that is on their books.
Scanmaster solves this problem....
Economically!
Option 1: Scanmaster Certificates
Before financing is approved, Scanmaster can be used to provide
an independent, certified photographic record of the equipment.
At the end of a lease, or repossession of
the
equipment,
another set of certified photographs can be used to compare
their condition with that at the onset of the agreement.
Click Process for more details
of how the Certificate Process works.
Option 2: Scanmaster Custom Reporting
For Customers who need to assess large quantitiesof equipment
(eg: trailers, fleets of trailers, etc), we provide custom quotes
to facilitate this, and for other forms of Reporting Photography.
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