2 years+ small ticket ($150k and under) experience
We offer the ability to structure and fund Vendor Programs, great
commission splits; friendly support staff in beautiful Carlsbad, CA.
Remote office work is acceptable for the right candidate.
More Info: click here or Email resumes@ilslease.com
ILS is a direct lender specializing in
Vendor Program business.
www.ilslease.com
|
Wednesday, October 14, 2009
1956 Roger Moore and his Jaguar XK 150
Actor Sir Roger George Moore KBE born 14 October 1927 Stockwell, London, England. Best known as Simon Templar in the television series "The Saint" from 1962 to 1969, and James Bond in seven films from 1973 to 1985.
http://www.imdb.com/name/nm0000549/
|
Headlines---
Classified Ads---Sales
Peek to help CIT finds his successor
by Christopher Menkin
Cartoon-You made the right decision, Captain!
Looking for Broker Business
Sales makes it Happen--by Leasing News Readers
Sales Techniques
Classified Ads---Help Wanted
"Adopt a Pet" Englewood, Colorado
GreatAmerica Passes $1 Billion Milestone
Pawnee Leasing SFFA operating system
Marlin BBB "F Rating" gets $75MM from Wells
News Briefs----
Tax Day Looms with Offshore Bank Accounts
Gold scores record peak above $1,068.00
Foreign Investors are rushing to India
Treasury report: AIG should reduce pay
Bloomberg plans to take over 'BusinessWeek'
You May have Missed---
Obama wins the Heisman Trophy
California Nuts Brief---
Sports Brief---
"Gimme that Wine"
Today's Top Event in History
This Day in American History
Baseball Poem
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release”
--------------------------------------------------------------
Classified Ads---Sales
Boston, MA
Senior leader in companies of varying size and scope, including start-ups. My current focus is sales, as a leader or as an individual contributor. thomasherlihy33@comcast.net
|
Carlisle, PA
"17+ years of successful sales experience in the lease finance industry to vendors and broker business partners.
Email: cdsand@pa.net"
|
Cherry Hill, NJ
College grad seeking entry level sales position for equipment leasing and financing in small to mid-size ticket markets. Have 6 months experience in the industry and self-motivated. Contact Matt at 609-280-2178 or
email at mkuzan@gmail.com
|
Voorhees, New Jersey
Alpha sales leader capable of exceeding set quotas & keeping pipeline fresh & full with good business. 7 + years of accomplished finance background.
smartliving21@yahoo.com
|
Dublin, PA
Over 20 years successfully generating vendor business, most recently in medical equipment. Willing to travel.
bunt4it@comcast.net
Resume
|
Fort Myers, Florida
Very experienced and strong skills with both Captive and Specialty Sales and Sales Management. Over 20 years, will relocate and travel-
successful
and team player .
e-mail:
tlinspections@gmail.com |
Fresno, CA
Aggressive, competitive self-starter w/successful vendor/direct equipment
leasing and asset-based lending experience seeks return to leasing industry
after successful stint in business banking sales.
Email: dsp559@hotmail.com
Resume |
Minneapolis, MN
16 years leasing experience from micro to large ticket market, variety of equipment. Most recently calling on vendor telecom dealers in Upper Midwest.
golfadm@yahoo.com |
Montgomery, AL
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker.334-590-5133
E-mail: billmcneal2003@yahoo.com |
Open
Many years of successful experience in niche leasing. Seek position with bank or other self-funded entity. Position and/or location secondary to company profile.
Email: David34983@comcast.net |
Orange County, CA
In excess of 20+ years sales experience in the lease finance industry.
Looking to work with a direct lender to help increase their profitability!
shermbp@gmail.com
|
Orange County, CA
19+ years of successful marketing to the broker/lessor community representing one funding source owned by several parent companies.
Email: oc49ersteve@sbcglobal.net |
Oklahoma
Over 30 years of financing experience, resume posted at www.geocities.com/bobbybenmoore, phone 580-351-2531 |
Philadelphia Metro Area - 30 Years experience Healthcare sales/ management- 3 years experience newly create "small-ticket" healthcare division. Good success - Mitch Utz 215-460-4483
Email:
mitutz@msn.com |
Pittsburgh , PA
Aggressive self starter looking for leasing position w/10 plus yrs sales exp., plus banking experience
814-227-4592
mwiser500@hotmail.com |
Pittsburgh, PA
Over 25 years of leasing experience including Captive, Dealer, Broker, and Third Party. Multiple equipment types. Seeking a Territory or National Sales position.
vsiegel2@aol.com |
San Francisco Bay Area:
Business Development “Hunter” with transferable book of business in multiple segments: commercial construction, technology, fitness, etc. Years of managerial experience: can also be a “player/coach”.
E-mail: VdrPgmBizDev@aol.com |
 |
SouthEast
Award winning commercial leasing salesman, middle market Georgia , Alabama , Tennessee , and Florida in addition to originating leases nationally. 26 years experience.
Resume |
|
Texas/Oklahoma
15 year lease vet looking for plact to take business.great references. all major equipment types. open to compensation. please contact if interested.
E-mail: bankingdallas@yahoo.com |
For a full listing of all "job wanted" ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
To place a free "job wanted" Leasing News ad:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
[headlines]
--------------------------------------------------------------
Peek to help CIT finds his successor
by Christopher Menkin
The resignation of the CIT Group's chief executive Jeffrey M. Peek is very bad news for the finance and leasing industry. It will make credit tougher to obtain, and definitely more expensive, lengthening the recovery for small business in the United States, culling out the market place in a faster pace than Leasing News writers have been predicting. This is terrible news.
July 13, 2009 Leasing News printed an editorial regarding support for the CIT Group: "It is imperative that the finance and leasing industry show support for a company that has supported so many small businesses; enabled them to grow, to support their families, to provide jobs, to keep the economy growing."
http://www.leasingnews.org/archives/July%202009/07-13-09.htm#supportCIT
There have been many stories regarding this company, once a giant of the commercial finance industry with 7,500 employees worldwide, who's key commercial credit employees retired in the 1980's and 1990's, some into 2000, as well as a major shake-up of
commercial, including the loss of some major department heads such as Walter Owens, President of Corporate Finance, as well as Rick Wolfert "resigning" and Thomas Hallman, "retired," when we interviewed him a few months earlier on his expansion plans in the vendor marketplace.
Despite any criticism about Peek's performance in the past, his effort the last 12 months will go down in university business classes and studied for many years. He and his staff have earned their salary and more, plus current employees have not been like many of the football teams we see playing on Sunday, giving up in the second quarter.
CIT is an excellent team and should be congratulated, even today,
for trying to keep the company together. No other group could
have survived as long as they have with so many adversaries.
One of the key downfalls was the selling of better assets, the change in vendor programs, particularly the partnership with Dell Computer, which helped make Michael Dell a billionaire. According to a highly
reliable insider, the CIT finance group had 15 in Austin, Texas and at last count were down to two, who were coming in ever day wondering if they still had a job, and how they could do the work of 15. And for one of CIT's top accounts!
Bondholders, creditors believe more will be gained in a bankruptcy, up to 82.5 percent of their investment upon liquidation if the company goes into bankruptcy, says Egan-Jones. In the way side, they report Wells Fargo and others have borrowing power and cash from the government to "save" CIT. In all the lawsuits going on, you would think the investors would have learned, but in reality, they live in their own world and just as in a fish bowl, the larger fish eat the smaller fish.
Mentioned as successors besides Wells Fargo are Berkshire Hathaway, General Electric, PNC Financial. There are others, of course, off shore, who would like to "steal" the accounts and infuse with a better cost of funds to attract more business.
Certainly the old adage has never been truer: the person with
the gold makes the rules.
Peek, 62, first served as CIT Group's president and chief operating officer, before being named CEO in 2004 and chairman in 2005.
Before joining CIT, Peek served as a vice chairman at Credit Suisse First Boston LLC, overseeing the firm's financial services division. He also spent 20 years working at Merrill Lynch & Co.
[headlines]
--------------------------------------------------------------
[headlines]
--------------------------------------------------------------
Looking for Broker Business
These companies are funders or super brokers seeking independent leasing broker
business. The list does not include "brokers," "lessors", or "packagers."
Funder/Superbroker Looking for New Broker Business
Send company name, contact/email or telephone number as well as a URL to attach or description to
kitmenkin@leasingnews.org
There is no advertising fee or charge for a listing. They are “free.”Leasing News makes no endorsement of any of the companies listed, except they have qualified to be on this specific list.
Leasing News reserves the right to not list a company who does not meet these qualifications.
We encourage companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers are very much encouraged.
Alphabetical list - click on company name to view more details |
ABCO Leasing, Inc.
Advantage Funding
Affiliated Investment Group, Inc.
Agility Solutions
Allegiant Partners Incorporated
American Leasefund, Inc.
Bank of the West
Bankers Capital
Barrett Capital Corporation
Black Rock Capital
Blackstone Capital Partners, L.P.
Boston Financial & Equity Corp.
|
BSB Leasing, Inc.
Calfund, LLC
Cobra Capital LLC
Dakota Financial
Dolsen Leasing Company
Dumac Leasing
Financial Pacific Leasing
Forum Financial Services, Inc.
Gonor Funding
Leasing Solutions, LLC
LPI Healthcare Financial Services, Inc.
|
National Machine Tool Financial Corporation
Standard Professional Services, LLC
Summit Leasing, Inc.
Pawnee Leasing Corporation
Quail Capital Corp
TEAM Funding Solutions
TechLease, L.L.C.
US Bank Manifest Funding Services
Vision Financial Group, Inc.
|
Leasing Associations: All non-profit leasing associations are abbreviated. To see the full name and learn more about the association, please click here.
BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information
A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen
N/R (not reported)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)
Name
In Business Since
Contact
Website
Leasing Association
|
|
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Bank of the West, Indirect Leasing Group
1972
Steve Crane, CLP, Vice President & Marketing Manager
scrane@bankofthewest.com
888.244.0551 ext. 3899
800.473.9878 - Fax
www.bankofthewest.com
ELFA, NAELB, NEFA
(P) |
180 |
National |
$20,000 to $2 million |
|
Y
|
Y |
N |
Y |
Y |
|
140 |
National |
$5,000 to $500,000 |
|
Y |
N |
N |
Y |
N |
Financial Pacific Leasing
1975
Terey Jennings CLP,
800-447-7107, tjennings@finpac.com
www.finpac.com
EAEL, ELFA, NAELB, NEFA
(click here for further description)
|
115 |
Nationwide |
$5,000-$50,000 |
|
|
|
|
|
|
|
45 |
Nationwide |
$1,000 - $30,000
|
|
Y |
Y |
N* |
Y |
N |
|
20 |
Nationwide |
Vehicles Only
$10,000 - $1,000,000
|
|
|
|
|
|
|
|
20 |
National |
|
|
Y |
* |
* |
* |
* |
|
20 |
Nationwide |
Vehicles Only
$10,000 - $1,000,000
|
|
|
|
|
|
|
|
20 |
Nationwide |
$15,000 |
|
|
|
|
|
|
|
15 |
National |
Application only up to
$100,000
|
|
N |
N |
Y |
Y |
|
|
15 |
Nationwide |
$10,000 to $10 million, App only $100K
|
|
N |
Y |
N |
* |
|
|
12 |
National |
|
|
|
|
|
|
|
|
12 |
Nationwide & Canada (except in Quebec) |
$10,000 - $250,000
Does Subprime Leases |
|
|
|
|
|
|
|
12 |
CA, ID, MT, OR, WA |
$20,000 - $400,000 |
|
|
|
|
|
|
|
10 |
Western States |
$15K
Minimum
Does Subprime Leases
|
|
|
|
|
|
|
|
10 |
11 Western State |
$10,000.00 - $250,000.00 |
|
|
|
|
|
|
|
9 |
Nationwide, including Alaska & Hawaii |
$20,000---$150,000 |
|
|
|
|
|
|
|
8 |
Nationwide
(except LA, AR and AK) |
$50,000 to $2,000,000
Does Subprime Leases
|
|
|
|
|
|
|
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7 |
US Canada (F) |
$50,000 to $3MM
$250,000 average transaction |
|
|
|
|
|
|
|
7
|
Nationwide |
$50,000 to $1.0 million. Our average size transaction is $250,000.
Preferred Range
$100,000 to $500,000
Does Subprime Leases
|
|
|
|
|
|
|
|
7 |
National |
$15,000.00 up to $2,000,000.00
|
|
N |
Y |
N |
N |
|
|
7 |
All 50 States |
$5000-$70,000
Does Subprime Leases
|
|
|
|
|
|
|
|
6 |
Nationwide - 50 States |
$25,000 + |
|
|
|
|
|
|
|
6 |
Most States |
$50,000 - $450,000 |
|
|
|
|
|
|
|
6 |
Nationwide |
$25,000 min., $250,000 max.
"Ap only" program $25,000 - $75,000
|
|
N |
Y |
Y |
Y |
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American Leasefund, Inc.
1999
Tom Davis
tom@alclease.com
800.644.1182 - PH
503.244.0845 - FX
www.alclease.com
NEFA |
6 |
Idaho, Montana, Oregon, Washington |
$3,500 - $50,000
Does Subprime Leases
|
|
|
|
|
|
|
|
6 |
Nationwide |
$50,000 to $1MM
$250,000 average transaction |
|
|
|
|
|
|
|
5 |
U.S. |
$50,000 - $1,000,000
(Master Lease)
Does Subprime Leases
|
|
|
|
|
|
|
| Barrett Capital Corporation
1975
Barry Korn
914-632-4200
Cell: 914.954.1900
Barrett@BarrettCapital.com
www.BarrettCapital.com
NVLA
(click here for further description)
|
4 |
United States |
Vehicles Only
$10,000 minimum |
|
|
|
|
|
|
|
4 |
Nationwide & some offshore |
$10,000 - 250,000
($25,000 - $150,000 desired) |
|
|
|
|
|
|
|
4 |
Nationwide |
$5,000 + |
|
* |
* |
* |
* |
|
|
4 |
Nationwide |
$20,000, average transaction size is $200,000 |
|
|
|
|
|
|
|
3 |
USA |
$10,000 to $100,000 with an average of $25,000 - $35,000
Does Subprime Leases |
|
|
|
|
|
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Dumac Leasing
(a division of Exchange Bank)
N/R
Archie Julian
JulianA@ExchangeBank.com
(800) 546-7822
(707) 521-5027
www.exchangebank.com
NAELB
(click here for further description)
|
N/R |
West Coast |
N/R |
|
N/R |
N/R |
N/R |
N/R |
N/R |
Affiliated Investment Group, Inc. is the proud continuation of over 20 years of serving the broker community. We are a balance sheet, cash flow, credit lender. The primary question on every transaction is "what is the likelihood of being paid back". Our motto is "any equipment, for any Lessee, anywhere in the country". Also known as "The Flexible Funding Source" as we look at a deal with the philosophy of "what's right" about it "how can we make it work". We have significant sources of funds from A to B credits.
Broker Qualify - Yes
ABCO Leasing, Inc. in Seattle area has been operating since 1974 serving the broker community. We required full financial disclosure on every transaction. We do story transactions, but do not like to refer to them as "C" credits. We think of them as "A" type credits that have not been discovered yet. Broker Qualify contact: Brad Christensen, Broker Relations Manager,971/204-0236 bradc@abcoleasing.net
* Allegiant Partners has expanded their maximum transaction size from $250,000 to $500,000 for the 5 western states of California, Oregon, Washington, Nevada and Arizona.
In addition to increasing the transaction size Allegiant is offering more competitve rates for these A- and B+ transactions. Broker Qualify - For Broker qualification please click here.
Allegiant.pdf
Bankers Capital " We will do ANY Type of Equipment, in ANY industry, in ANY state. We especially like 6-figure transactions with full financial packages no matter how good or bad they look. We look to structure the story C&D credits with any kind of additional collateral that makes sense. It could be with 2nd or 3rd mortgages on residential or commercial Real Estate, additional equipment, cash value life insurance, security deposits, vendor agreements. We look for any way to make the deal work instead of looking for any way to decline the deal." Broker Qualify - Please contact Larry LaChance
Barrett Capital Corporation: Broker Qualify - Please Call
Black Rock Capital (Ireland) Limited and Black Rock Capital (UK) Limited provide the same services for small to middle market corporations in the European Economic Community and the United Kingdom.
Boston Financial & Equity Corporation, most of our leases are venture capital backed startups and turnarounds. We require full financial disclosures, CPA and internal statements, no tax returns. We do not required additional collateral, no PG's or RE needed. Do not send deals with large tax liens, especially if they are payroll taxes. Broker Qualify - A deal in hand and a full package
BSB Leasing, Inc has been providing syndication services for brokers nationwide since 1982 and have been funding business directly since 2002 through BSB Direct Finance, LLC. We offer Brokers a complete internet solution for credit submission and tracking and document preparation.
BSB will fund up to $75,000 App Only on our direct line under BSB Direct Finance, LLC and we now offer App Only up to $100,000 through BSB Syndication (our house syndication group.
Broker Qualify - Please Call or see application on-line at bsbleasing.com
Calfund, LLC finances 18 wheelers and some trailers for owner operators with substandard credit.
Cobra Capital, LLC. Comments: Our registered trademark "Making impossible possible" is our central marketing tagline for both strong and weak credits. I have developed a 10 year history, (from Cobra and my prior company GALCO), with specialty, non-conforming transactions (story credits) and have a solid reputation for candidly responding to our originators and lessees and working diligently to mitigate deal risk rather than making excuses to turn deals down. Our originators prefer our underwriting approach to non-conforming transactions since unlike most non-conforming funders, we prefer to mitigate risk versus jacking our return. Both Originators and Lessee's prefer our candid approach as we are also frequently asked to advise lessee's and lessors on the best way to structure their bank loans and raise capital due to our 25+ year banking and accounting backgrounds as my partner and I are both former bankers and CPA's.
Dolsen Leasing has served the 11 Western States since 1958 and specializes in B & C Credits for established and new companies. We require a full financial package and offer both leases and financing for new and used equipment in the range of $10,000.00 to $250,000.00. Specialties include titled vehicles for both existing and new owner operators. Story credits are considered as long as credit has been reestablished and trends are positive. Credit decisions are based on old fashioned common sense, not credit scores, allowing us a very quick turnaround-often the same day. We accept broker business and also have in house salesmen. Broker Qualify - Please call or visit www.dolsenleasing.com
Dumac Leasing--Our prime prospect, has integrity, the ability to submit one to five leases for consideration per month, good financial analysis skills, good packaging abilities and can appreciate a funding source that looks at one deal at a time. Poor rating at BBB is a major hurdle. We are an A Credit lender and cash flow is critical. We use tax returns for info to compute cash flow.
Financial Pacific Leasing supports a nationwide network of Brokers and Lessors. We specialize in "B" and "C" credits for established companies as well as companies under two years in business. Broker Qualify - Please Call or see "Prospective Broker" section on website
Forum Financial Services, Inc., prefer venture capital backed start-ups and middle market to large corporate turnaround companies including companies in bankruptcy and post bankruptcy. Our absolute minimum sales for an established business with financial problems are $10.0 million. (this does not include venture capital backed start-ups). Broker Qualify - Please visit our website at www.forumleasing.com or call 972-690-9444 ext. 225
Gonor Funding specializes in hard to fund leases with D credit. Collateral based with good rates and commission program. Broker Qualify - Please Call
LPI-HC specializes in working Capital Loans / Equipment Financing for new and established medical professionals with our target market being dentists, medical doctors, veterinarians and physical therapists. We also offer any type of Medical Practice Refinancing for established medical professionals that want to consolidate all their practice debts and improve their cash flow position. "We have the financial solutions to help start and grow a practice with repayment programs designed for medical professionals to manage their money."
Broker Qualify - Please Call
Kurt Hess
770-579-2900 ext. 1100
Address:
2260 Rushmore Dr .
Suite B-3
Marietta , GA 30062
National Machine Tools---Specializing in Machine Tools only for transactions up to $750k. National has been in the Machine Tool Finance business since 1986 and has a leasing proficient staff to accommodate the most challenging transaction. F ull financial disclosure required. We can provide structured financing for the story marginal credits. May require personal guarantees and/or down payments depending on the credit. Any size business accepted. For more information please contact Chris Chiappetta or Robert Lang at 800-669-7527.
Pawnee Leasing CorporationPawnee Leasing Corporation; Some times we go higher than $30,000, but our marketplace is from $1,000 to $30,000. We don't have a "Sub Broker Program per se but accept re-brokered deals with disclosure. Broker Qualify - One year time in business
Quail Capital offers App Only program up to $100K- nationwide. We also have a special California Only “A” credit program with very competitive rate under “California Express Program”.
On the commercial side, Quail Capital specializes in mid market to large structured and complex transactions. Mohammed Ahsan began his days at Westinghouse Credit (then Atlantic Financial, Mitsubishi Bank, Bank of California and First Sierra) as a funder. He has been in the leasing industry for 29 years. His partner Jeff Rudin has over 29 years leasing experience.
In addition to the equipment leasing, Quail Capital is also involved in Asset Based Lending, Franchise Financing, Acquisition Finance, Sale- Lease Back- Working Capital and facilitate the SBA program.
Broker Qualifying- please call.
Standard Professional Services. LLC is a non-cookie cutter funder who does not credit score.
Summit Leasing consider ourselves to be primarily "B" credit lenders, working almost exclusively through brokers. Broker Qualify - Contact us
TEAM Funding Solutions is a structured lender for brand new businesses or for older companies with previous credit problems. We do not credit score. The secret to producing an approval for C-Credits starts with interviewing your customer." Broker Qualify -
TechLease - due to previous experiences, TechLease is vertically focused on three primary sectors: Semiconductor, Media and Aerospace. We fund all deals and hold paper an all equipment under $250,000. Deals over $150,000 we typically want to meet the Lessee face-to-face. We prefer business in California, however we will fund nationwide. Broker Qualify - Please Call
Business Reports: Companies listed may make any netiquette comment about their company or reports or other information in the footnote section of their listing. Leasing News recommends readers also view the footnote as well as the section itself or searching reports on the business.
It also should be noted that if a BBB report listing is found by a reader, as there may not have been one when this was last up-dated, please send the link to maria@leasingnews.org so Leasing News may up-date this section.
Leasing Associations: All non-profit leasing associations are abbreviated. To see the full name and learn more about the association, please click here.
BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information
A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen
N/R (not reported)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)
[headlines]
--------------------------------------------------------------
Sales Make it Happen
by Leasing News Readers
Sales Techniques
These are sales techniques sent in by readers from time-to-time in reaction to many of the "Sales make it Happen" columns. They were all received "off the record." They are not in chronological order or in any special order, meaning more important than another. If you
care to add to the next group that is published: kitmenkin@leasingnews.org
"When a customer asks what is the best rate or term to get the best rate, I always go into letting them know, if they are going to write off the payments, the shorter the term, the better the write-off. But also the higher the monthly payment. Whether they are going to depreciate or write-it off is up to them and their accountant ---and I try not to give advice. The idea is to move from rate to monthly
payment. Once they are at this point, I give them a 36 month, 48 months and 60 month quote. The attention this is to the monthly
payment, not the rate. "
"When I am asked to compare a rate with another quote, I try to move the customer to another term, talking about a shorter term being good to get the lease over with, but the longer term is a lower payment. Most often the quote comparison goes into a 36 or 60 month quote. If I can find out the quote, it is better as I give a slightly lower rate, and then go back to the shorter time period versus the longer time period, and when the customer seems he can't decide which direction, or what is best for him, I move him into a 48 months, which he does not have, and tell him it is a compromise between the higher payment and the lower payment, the best of both worlds, and it is the safest for him."
"My goal is to get the customer to talk more about the equipment that he wants to lease and why he needs it. The more he realizes the value
and what it will do for the company, the more important it becomes to
him to acquire it. I also don't look at returning to the customer as
being afraid he is going to ask more questions, or go back to pricing,
but as an opportunity to learn more about his business, the equipment, his goals, and trying to move him into a Master Lease where he can draw down upon it and be more concerned and spend more time running his company. "
"This is something that has always worked for me, if I work out a quote, I think about what Wal-Mart and other retailers do. If it is $402 a month, I make it $398.98. If it is $310 a month, I move it to $295 first and last two, taking two months as a security deposit and billing for the first month, when the equipment is delivered and accepted. This works especially when deliver will not be for a few weeks or longer."
"I will try and make the payment more like a retailer, instead of a number. For instance if it is $272.89, I will make it $274.10 or $372.05. I have found the number that stays in their head is the cents number. Over the years, I can move the dollar up, and the cents down, and win the deal every time."
"I often go in with a high 36 month quote, knowing they won't take it, but if they do, it is a higher commission, as I have found they look primarily at the 60 month rate. I always give the 60 month rate the lowest I can, and make the 48 month the better of the two as the numbers work to the applicant's advantage. I move them away
from the shorter term to a in-between period. Works all the time for
me."
"The numbers are important, meaning $249.00 a month is better than $251 a month, or $810 is not as good as $798.00. Often the lessee realizes that the price is being changed, and I tell them I wanted it below $800, as that was too high, but $798 is okay."
"When I dealing with a tough customer who wants to negotiate, I let him know that in the beginning I know he wants the best rate. I recognize right away he wants the lowest rate, so first I get an approval, which may take financials and a package, and when I get the approval, I tell him, I know you wanted the best rate, and I don't control the rate, but I got my bank (or credit committee) or company to give you the pricing for over $50,000, although this is $38,000. If the equipment is $75,000, I got the pricing for leases over $100,000. It's the best I can do."
"Never lower your rate. If you start negotiating, you will lose. Certain
"characters" always want to barter, it's in their culture. If you know you are going into this type of situation, go in with a FMV or 10% residual (using a $1.00 rate factor.) Even if they want $1.00 in the beginning, quote with a FMV or 10% residual. Most likely they will reject the monthly payment no matter what it is, but when you come back, you tell them again, you don't control the rate, but you got your company to waive the 10% residual. You got your company to do the deal with the same monthly payment, but with a $1.00 purchase option."
"Don't laugh, but I think my customers can read my mind. When
I meet with them, I try to have a positive thought. In my
mind, I purposely think : "This is the best I can do for you." " I like you." "I am proud to be helping you." "I am doing the best I can."---Never negative, never not doing the best I can, and when I leave, I always make it a positive thought to say, "What a great guy." "What a great company." "I did the best I could for him." Being positive in
my thought as I really think my customers can read what I am
thinking."
Previous "Sales makes it Happen" Columns:
http://www.leasingnews.org/Legacy/index.html
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[headlines]
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Classified Ads---Help Wanted
Vendor/Dealer Leasing Professional, generous commission's package that can lead to base salary and benefits. Join a sales team that has all the right sales tools for developing a successful vendor program in many different industries.
Chris Chiappetta, Phone: 800-669-7527 ext. 1208,
chris@netlease.com
National Machine Tool Financial Corp., funding vendor
programs since 1986. We offer competitive rates and a
credit staff dedicated to vendor programs.
www.netlease.com
|
2 years + vendor driven experience
Active with major trades shows, vendor programs and Pefunding
Small office environment, with knowledgeable staff member and 17 year reputation for performance
Quality funding sources
Large commission structure with book of business
Confidential Interview:
Barbara Griffith 714-573-9804 ext 101
resume: bgriffith@socalleasing.com
|
Lease Corporation of America is seeking a select group of business development professionals to participate in our Independent Sales Associate program.
This is a commission only program that can lead to permanent employ with base salary, commission and benefits.
John Martella
LCA Financial, llc
President
Phone: 800.800.8098 ext. 5209
Direct: 248.743.5209
jmartella@leasecorp.com
|
2 years+ small ticket ($150k and under) experience
We offer the ability to structure and fund Vendor Programs, great
commission splits; friendly support staff in beautiful Carlsbad, CA.
Remote office work is acceptable for the right candidate.
More Info: click here or Email resumes@ilslease.com
ILS is a direct lender specializing in
Vendor Program business.
www.ilslease.com
|
Sales positions in the Western United States
5 years+ small ticket or mid market experience
Established customer/vendor relationships a plus. Draw/Base
plus commission. Submit resume to: jobs@TEQlease.com
TEQlease provides customized equipment leasing solutions for businesses.
www.TEQlease.com
|
[headlines]
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"Adopt a Pet" Englewood, Colorado
http://www.coloradohumane.org/shelters.html
The Society for the Prevention of Cruelty to Animals has many adoption centers. Look for one in year area on line. Many have web sites with dogs and cats available on line.
[headlines]
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 |
### Press Release ############################
GreatAmerica Passes $1 Billion Milestone
(Cedar Rapids, Iowa) -- GreatAmerica Leasing Corporation announced that it passed the $1 billion mark in assets, a milestone unequalled by any private independent small ticket leasing company in the U.S. The achievement comes at a time when many financial services companies are experiencing layoffs, restricting their underwriting, and struggling to secure sources of capital for their own growth.
The milestone is especially meaningful in the finance industry since it is comprised of "organic" growth as opposed to growth through acquisitions. "We took no shortcuts, no smoke and mirrors," said Tony Golobic, Chairman and Chief Executive Officer.
"We did only what we felt was for the long-term good of our customers, our employees, our community, and our owners."
GreatAmerica opened its doors 17 years ago amidst a field of 44 competitors. Today, fewer than five of those competitors are still in business, a strong testament to the durability of GreatAmerica and vision of its leadership.
"Today we have a billion dollar company we can all be proud of with a reputation no one can match - one of great care for our customers, of hard work, of integrity and of excellence," Golobic wrote in a company-wide email. "It is a reputation each and every one of you had a role in building and a reputation all of us must and will continue to build upon."
Golobic is already looking at the $2 billion mark as a goal well within reach. "We are certain that one day we'll be celebrating a two billion dollar GreatAmerica -- a two billion dollar GreatAmerica with an even greater reputation than we have today," Golobic said. "We are all building a future worthy of our dreams."
ABOUT GREATAMERICA
The Company was originally incorporated in Michigan in 1990 and renamed itself GreatAmerica Leasing Corporation when it moved to its headquarters in Cedar Rapids, Iowa in 1992. GreatAmerica is a national commercial equipment finance company dedicated to helping manufacturers, vendors, and dealers be more successful and keep their customers for a lifetime. GreatAmerica provides financing and consulting services in all fifty states and some U.S. Territories. GreatAmerica has a staff of over 300 employees with offices in Colorado, Florida, Georgia, and Missouri.
[headlines]
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#### Press Release #############################
Pawnee Leasing Corporation announces transition to DOLLAR$ lease operating system provided by SFFA, Inc.
Fort Collins, CO.- Pawnee Leasing Corporation (Pawnee) announced that it recently replaced its operating system to the tenured DOLLAR$ lease operating system provided by SFFA, Inc. (SFFA), of Lakewood, CO.
"We are both confident and excited to align ourselves with SFFA, perhaps one of the most experienced and specialized lease operating system providers in our industry", said Gary Souverein, Pawnee's President and COO. "The DOLLAR$ lease operating system provides us with flexibilities and customizations that support our unique underwriting niche to Start-Up and "B" credit lease applicants. It also enhances our disciplined processes and will support a more web-efficient interface with our broker/lessor customers in the coming months as we continue our installation".
"Pawnee is a unique lease operation and our distinct advantage of not taking a "one size fits all" approach to their business allows us to be additive to their operations and customers. With over 25 years of service to the leasing industry we also especially enjoy partnering with Pawnee's experienced employee team." stated Dave Fern, SFFA's President.
Pawnee Leasing Corporation, providing lease financing in the lower 48 states since 1982, purchases small-ticket "Start-Up" and "B" Credit transactions exclusively from a national network of brokers/lessors. For more information please contact Gary H. Souverein, at 800-864-4266.
(This ad is a "trade" for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP) |
[headlines]
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#### Press Release #############################
Marlin Closes on $75 Million Three-Year Facility with Wells Fargo Foothill
(note: Marlin BBB: F Rating*
http://www.bbb.org/new-jersey/business-reviews/business-consultants/marlin-leasing-in-mt-laurel-nj-80012102
MOUNT LAUREL, N.J., -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the equipment leasing industry, is pleased to announce that its affiliate, Marlin Receivables Corp., has closed on a $75,000,000 three-year committed funding facility with the Lender Finance division of Wells Fargo Foothill, part of Wells Fargo & Company (NYSE:WFC). The facility will be used by Marlin to fund its growth, increasing its ability to extend flexible equipment financing options to thousands of small and medium-sized businesses nationwide.
"I am excited to announce a new relationship with a leading lender to the equipment finance industry, Wells Fargo Foothill," said Daniel P. Dyer, CEO of Marlin Business Services Corp. "Access to committed funding provides Marlin with a competitive advantage to grow our business and serve the financing needs of our equipment dealers and their customers," added Mr. Dyer.
"Marlin is a long-time customer of Wells Fargo, with a proven track record in the equipment leasing industry," said Andrea Petro, Executive Vice President and Division Manager of Wells Fargo Foothill Lender Finance. "We are delighted to build on the successful relationship with Dan Dyer and the rest of the Marlin management team through this new facility."
This financing, coupled with Marlin Business Bank, further solidifies Marlin's diversified financing platform and its ability to meet the credit needs of small businesses.
About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of equipment leasing and working capital solutions primarily to small businesses. The Company's principal operating subsidiary, Marlin Leasing Corporation, finances over 90 equipment categories in a segment of the market generally referred to as "small-ticket" leasing (i.e. leasing transactions less than $250,000). The Company was founded in 1997 and completed its initial public offering of common stock on November 12, 2003. For more information, visit www.marlincorp.com or call toll free at (888) 479-9111.
The Marlin Business Services Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4087
About Wells Fargo Foothill
Wells Fargo Foothill is a leading provider of senior secured financing to middle-market companies across the United States and Canada, offering flexible, innovative credit facilities from $10 million to $1 billion and more. It is part of Wells Fargo & Company, a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores, over 12,000 ATMs and the Internet (wellsfargo.com) across North America and internationally. For more information, visit wellsfargofoothill.com.
Marlin Leasing, Mount Laurel, New Jersey
http://www.bbb.org/new-jersey/business-reviews/business-consultants/marlin-leasing-in-mt-laurel-nj-80012102
*(The great majority of complaints to BBB, and also received at Leasing News, regard "Evergreen Clauses," primarily in copier financing as Marlin reports almost 23% of their business was in copiers (SEC 1sQ report). Many of the complaints center on not notifying the lessor of intention to purchase 180 days in advance (many have made such intentions but generally 30 to 60 days, in complaints to Leasing News.) These automatic extensions
are legal in most states, and even the Equipment Leasing and Finance Association, has actively supported them, such as in the recent Wisconsin case.
(This is from Highlights: Marlin 10-Q 3/31/2009 SEC Filing:
("Our leases offer our end user customers the option to own the purchased equipment at lease expiration. Based on the minimum lease payments receivable as of March 31, 2009, approximately 73% of our leases were one dollar purchase option leases, 23% were fair market value leases and 4% were fixed purchase option leases, the latter of which typically are 10% of the original equipment cost. As of March 31, 2009, there were $50.5 million of residual assets retained on our Consolidated Balance Sheet, of which $40.4 million, or 79.9%, were related to copiers. (Highlights by editor/note two main sales/operational on copiers were let go and now work for Cannon Financial. editor). No other group of equipment represented more than 10% of equipment residuals as of March 31, 2009 and December 31, 2008, respectively. Improvements in technology and other market changes, particularly in copiers, could adversely impact our ability to realize the recorded residual values of this equipment."
("Our leases generally include automatic renewal provisions and many leases continue beyond their initial contractual term. We consider renewal income a component of residual performance. For the three months ended March 31, 2009, renewal income net of depreciation totaled $1.8 million compared to $1.7 million for the three months ended March 31, 2008. For the three months ended March 31, 2009, net losses on residual values disposed at end of term totaled $333,000 compared to net losses of $173,000 for the three months ended March 31, 2008. The primary driver of the changes was a shift in the mix of the amounts and types of equipment disposed at the end of the term."
http://www.leasingnews.org/archives/May%202009/05-13-09.htm#mrln )
vendor fraud:
(Leasing News provides this ad "gratis" as a means
to help support the growth of Lease Police)
|
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News Briefs----
[headlines]
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Obama wins the Heisman Trophy after watching a college football game!!!
[headlines]
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"Gimme that Wine"
Wine Prices by vintage
http://www.winezap.com
US/International Wine Events
http://www.localwineevents.com/
http://www.wine-searcher.com/
Winery Atlas
http://www.carterhouse.com/atlas/
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.
http://www.liv-ex.com/
[headlines] ----------------------------------------------------------------
Today's Top Event in History
1962-The Cuban Missile Crisis begins, 1962, bringing the United States and the Soviet Union to the brink of nuclear conflict. Photographs taken by a high-altitude U-2 spy plane offered incontrovertible evidence that Soviet-made medium-range missiles in Cuba--capable of carrying nuclear warheads--were now stationed 90 miles off the American coastline. Tensions between the United States and the Soviet Union over Cuba had been steadily increasing since the failed April 1961 Bay of Pigs invasion, in which Cuban refugees, armed and trained by the United States, landed in Cuba and attempted to overthrow the government of Fidel Castro. Though the invasion did not succeed, Castro was convinced that the United States would try again, and set out to get more military assistance from the Soviet Union. During the next year, the number of Soviet advisors in Cuba rose to more than 20,000. Rumors began that Russia was also moving missiles and strategic bombers onto the island. Russian leader Nikita Khrushchev may have decided to so dramatically up the stakes in the Cold War for several reasons. He may have believed that the United States was indeed going to invade Cuba and provided the weapons as a deterrent. Facing criticism at home from more hard-line members of the Soviet communist hierarchy, he may have thought a tough stand might win him support. Khrushchev also had always resented that U.S. nuclear missiles were stationed near the Soviet Union (in Turkey, for example), and putting missiles in Cuba might have been his way of redressing the imbalance. Two days after the pictures were taken, after being developed and analyzed by intelligence officers, they were presented to President Kennedy. During the next two weeks, the United States and the Soviet Union would come as close to nuclear war as they ever had, and a fearful world awaited the outcome.
[headlines]
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This Day in American History
1644-Birthday of William Penn, founder of Pennsylvania, born at London, England. Penn died July 30, 1718, at Buckinghamshire, England. President Proclamation 5284, of November 28, 1984, conferred honorary citizenship of the USA upon William Penn and his second wife, Hannah Callowhill Penn. They were the third and fourth persons to received honorary Citizenship, including Winston Churchill and Raoul Wallengber”
( lower half of: http://memory.loc.gov/ammem/today/oct14.html )
1656- The first punitive legislation in Massachusetts against Quakers was enacted. (The marriage of church-and-state in Puritanism made them regard the ritual-free Quakers as spiritually apostate and politically subversive). The law provided for a fine of 100 pounds for any ship captain who delivered Quakers “ or any other blasphemous heretics” the Massachusetts Bay Colony. Possessing Quaker books and coming to the defense of Quakers was also outlawed and punished with fines, whipping and jailing. Subsequent anti-Quaker laws included the penalties of having their ears cut off and the tongue bored through with a hot iron.
1734-Birthday of Francis Lightfoot Lee, signer of the Declaration of Independence. Born at Westmoreland County, VA, he died January 11, 1797 at Richmond County, VA.
http://www.francislightfootlee.com/
His plantation was called “Menokin.”
http://www.stratfordhall.org/menokin.htm
1735 -Methodist pioneer John Wesley first set sail to America, to minister to the Indians under Georgia Gov. Oglethorpe. On this same date, Wesley began keeping his famous, 55-year-long journal, whose last entry was dated Oct 24, 1790.
1774-The Declaration of rights was passed by the First Continental Congress in Philadelphia, PA. It was known as the “Declaration and Resolves of the First Continental Congress.”: It stated the colonist “are entitled to life, liberty and property; and they have never ceded to any foreign power whosoever a right to dispose of either without their consent.”
1834-African-American Henry Blair patents his corn-planting machine. Two years later, on August 31, 1936, he obtained a patent on a cotton seed planter.
http://inventors.about.com/library/inventors/blblair.htm
1863 -Battle of Bristol Station - Confederate General Robert E. Lee attempts to drive the Union army out of Virginia but fails when an outnumbered Union force repels the attacking Rebels The aggressive Lee realized that he had a chance to cut the Union army up piecemeal during the withdrawal. Confederate General Ambrose P. Hill spotted Yankees from General George Sykes's Fifth Corps near Bristoe Station on the afternoon of October 14. Thinking this was the rear of the Union army, Hill attacked and began driving the Federals away in disarray. The Confederates were surprised by the sudden appearance of Union General Governor K. Warren's Second Corps. Warren's men were returning from a small battle at Auburn, Virginia, earlier that morning. Hill decided to attack this new force as well, but the Yankees were well protected by a railroad cut. In a very short engagement, the Confederates suffered 1,400 men killed, wounded, and captured, while the Union lost only 546. "Bury these poor men," Lee somberly told Hill, "and let us say no more about it." The Union army was driven back 40 miles from its original positions, and the Confederates destroyed a large section of the Orange and Alexandria Railroad, a key Union supply line. Nonetheless, the gains were temporary. The next month, Meade drove Lee back behind the Rapidan River.
1863-Birthday of journalist Winifred Sweet Black. She wrote under the name of Annie Laurie was able to infiltrate Mormon life and expose polygamy in an 1898 series of articles in the Hearst newspapers. But her greatest accomplishment was disguising herself as a boy and becoming the only woman reporter on Galveston Island after the terrible hurricane in 1900. She, unlike others, didn't only report. Using funds donated by Heart's readers, she opened and administered a hospital on the island to aid the displaced and injured. Another time she faked a collapse to expose graft and mismanagement in San Francisco's receiving hospital. She got an exclusive interview with President Benjamin Harrison, and even get into a leper colony in Hawaii. She also reported on World War I and the Versailles treaty negotiations. She continued reporting on world events well into her 60s. She died in 1936.
http://www.school.eb.com/women/articles/Black_Winifred_Sweet.html
http://marian.creighton.edu/~leonardm/annie.jpg
1890-Birthday of Dwight David Eisenhower, the 34 th president of the US, born at Denison, Texas. Serving two terms as president, Jan 20,1953-January 20,1961, Eisenhower was the first president to be baptized after taking office )Sunday, February 1, 1953). Nicknamed “Ike,” he held the rank of five-star general of the army ( resigned in 1952 and restored by act of Congress in 1951). He served as supreme commander of the Allied forces in western Europe during WWII. In his Farewell Address (January 17,1961), speaking about the “conjunction of an immense military establishment and a large arms industry,” he warned: “ In the councils of government, we must guard against the acquisition of unwarranted influence, whether sough or unsought by the military-industrial complex. The potential of disastrous rise of misplaced power exists and will persist.” An American hero, Eisenhower died at Washington, DC., March 28, 1969.
1891---Birthday of Sarah Winnemucca
http://memory.loc.gov/ammem/today/oct14.html
1894 – Birthday of e e cummings (Edward Estlin Cummings) (poet, playwright: Him, Santa Claus; writer: The Enormous Room; died Sep 3, 1962)
http://www.kirjasto.sci.fi/cummings.htm
1899-Birthday of pianist/song writer Spencer Williams, New Orleans, LA
1899 -Bandleader/jazz promoter William “Red” McKenzie Birthday
http://www.redhotjazz.com/mckenzie.html
http://www.redhotjazz.com/mound.html
http://us.imdb.com/Name?McKenzie,+Red
http://www.musicweb.uk.net/encyclopaedia/m/M58.HTM
1906 -The White Sox, known as baseball's 'hitless wonders' complete their unbelievable World Series upset of the their powerful crosstown rivals by beating the Cubs, 8-3 at South Side Park. The Cubs had won a record 116 regular season games.
1938-Bob Haggart-Ray Bauduc record “Big Noise from Winnetka ( Decca 2208) 1939-Birthday of Ralph Lauren, the designer and purveyor of a line of popular clothes that sought to capture the "spirit of the West," born New York City. His claim to fame is the “Polo” brand.
http://about.polo.com/history/history.asp
1940-Charlie Barnet Band records “Redskin Rumba” (Bluebird 10944).
1946—Top Hits
To Each His Own - Eddy Howard
Five Minutes More - Frank Sinatra
South America, Take It Away - Bing Crosby and The Andrews Sisters
Divorce Me C.O.D. - Merle Travis
1947-Flying a Bell X-I at Muroc Dry Lake Bed, California, Air Force pilot Chuck Yeager broke the sound barrier, ushering in the era of supersonic flight. Yeager, born in Myra, West Virginia, in 1923, was a combat fighter during World War II and flew 64 missions over Europe. He shot down 13 German planes and was himself shot down over France, but he escaped capture with the assistance of the French Underground. After the war, he was among several volunteers chosen to test-fly the experimental X-1 rocket plane, built by the Bell Aircraft Company to explore the possibility of supersonic flight.
1950-“The Adventures of Ellery Queen” premiere on television. The first of many series to portray fictional detective Ellery Queen. It began on the Dumont network, where my father Lawrence Menkin wrote many of the episodes, and later moved to ABC. Queen was played by Richard Hart. In the next four series, he would also be played by Lee Bowman, Hugh Marlowe, George Nada, Lee Phillips, Peter Lawford and Jim Hutton. In each series Queen talked to the home audience at the show's climax to see if they were able to identify the killer. Future series were titled, “ Ellery Queen” and the “Further Adventures of Ellery Queen.” The last telecast aired on September 5, 1976.
1952-SCHOWALTER, EDWARD R., JR. Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, Company A, 31st Infantry Regiment, 7th Infantry Division. Place and date: Near Kumhwa, Korea, 14 October 1952. Entered service at: Metairie, La. Born: 24 December 1927, New Orleans, La. G.O. No.: 6, 28 January 1954. Citation: 1st Lt. Schowalter, commanding, Company A, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. Committed to attack and occupy a key-approach to the primary objective, the 1st Platoon of his company came under heavy vicious small-arms, grenade, and mortar fire within 50 yards of the enemy-held strongpoint, halting the advance and inflicting several casualties. The 2d Platoon moved up in support at this juncture, and although wounded, 1st Lt. Schowalter continued to spearhead the assault. Nearing the objective he was severely wounded by a grenade fragment but, refusing medical aid, he led his men into the trenches and began routing the enemy from the bunkers with grenades. Suddenly from a burst of fire from a hidden cove off the trench he was again wounded. Although suffering from his wounds, he refused to relinquish command and continued issuing orders and encouraging his men until the commanding ground was secured and then he was evacuated. 1st Lt. Schowalter's unflinching courage, extraordinary heroism, and inspirational leadership reflect the highest credit upon himself and are in keeping with the highest traditions of the military service.
1952-“The Red Button Shows” premiered on TV. The comedy-variety show starred the well-known burlesque comedian Red Buttons. Regulars included Dorothy Jolliffe, Joe Silver, Jeane Carson, Sara Seegar, Jimkmly Little, Ralph Stanley, Sammyu Birch, and the Elliot Lawrence orchestra. It later switched networks under a new format in 1953, as a sitcom with Phylis Kirk and Paul Lynde.
1954—Top Hits
Hey There - Rosemary Clooney
I Need You Now - Eddie Fisher
Papa Loves Mambo - Perry Como
I Don't Hurt Anymore - Hank Snow
1955-Nineteen-year old Buddy Holly and his sidemen, Larry Welborn and Bob Montgomery, open a concert in Lubbock, Texas for Bill Haley and the Comets. Nashville talent agent Eddie Crandell is in the audience and in the next few weeks arranges for Holly to record his first demo.
1957--Although it was banned by some US radio stations for its suggestive lyrics, The Everly Brothers' "Wake up Little Susie" reached the top of the Billboard singles chart.
1957-The Elvis Presley classic, "Jailhouse Rock" is released. It would become his ninth US number one single and stay on the Billboard chart for nineteen weeks. The film clip from the movie where he sang the song is considered by many historians to be the first Rock video.
1957- Elvis' "Jailhouse Rock" is released.
1960-At the improbable hour of 1am, then presidential candidate John F. Kennedy spoke impromptu to several thousand students from the steps of the University of Michigan Union building. He ask,” How many of you are going to be doctors are willing to spend your days in Ghana? how many of you( technicians and engineers) are willing to work in the Foreign Service? The response was favorable, and 19 days later in San Francisco, Kennedy formally proposed the Peace Corps, which was created by Executive Order, March 1, 1962.
1961 - The Broadway production "How to Succeed in Business without Really Trying" opened on Broadway.
1962-The Cuban Missile Crisis begins , 1962, bringing the United States and the Soviet Union to the brink of nuclear conflict. Photographs taken by a high-altitude U-2 spy plane offered incontrovertible evidence that Soviet-made medium-range missiles in Cuba--capable of carrying nuclear warheads--were now stationed 90 miles off the American coastline. Tensions between the United States and the Soviet Union over Cuba had been steadily increasing since the failed April 1961 Bay of Pigs invasion, in which Cuban refugees, armed and trained by the United States, landed in Cuba and attempted to overthrow the government of Fidel Castro. Though the invasion did not succeed, Castro was convinced that the United States would try again, and set out to get more military assistance from the Soviet Union. During the next year, the number of Soviet advisors in Cuba rose to more than 20,000. Rumors began that Russia was also moving missiles and strategic bombers onto the island. Russian leader Nikita Khrushchev may have decided to so dramatically up the stakes in the Cold War for several reasons. He may have believed that the United States was indeed going to invade Cuba and provided the weapons as a deterrent. Facing criticism at home from more hard-line members of the Soviet communist hierarchy, he may have thought a tough stand might win him support. Khrushchev also had always resented that U.S. nuclear missiles were stationed near the Soviet Union (in Turkey, for example), and putting missiles in Cuba might have been his way of redressing the imbalance. Two days after the pictures were taken, after being developed and analyzed by intelligence officers, they were presented to President Kennedy. During the next two weeks, the United States and the Soviet Union would come as close to nuclear war as they ever had, and a fearful world awaited the outcome.
1962—Top Hits
Sherry - The 4 Seasons
Monster Mash - Bobby “Boris” Picket
I Remember You - Frank Ifield
Devil Woman - Marty Robbins
1964-Martin Luther King, Jr. became the youngest recipient of the Nobel Peace Prize when awarded the honor. Dr. King donated the entire $54,000 prize money to furthering the causes of the civil rights movement.
1965 - Dodger ace Sandy Koufax, working on just two days rest, pitched a three-hit shutout of the Minnesota Twins. Koufax struck out ten Twins on his way to the 2-0 win. And the Dodgers were World Series champs for the second time in three years.
1966--The Paul Butterfield Blues Band, Jefferson Airplane, Big Mama Mae Thornton,
play the San Francisco Fillmore Auditorium
1967-The Who's "I Can See for Miles" is released.
1967 -- Folk singer Joan Baez arrested in blockade of military induction center, Oakland, California.
http://baez.woz.org/chronology.html
1970—Top Hits
Cracklin' Rosie - Neil Diamond
I'll Be There - The Jackson 5
All Right Now - Free
Sunday Morning Coming Down - Johnny Cash
1972- Harold Melvin and the Bluenotes enter the soul chart with "If You Don't Know Me by Now," which, in 16 weeks on the chart, will peak at Number One for two weeks. The song makes it to #3 on the pop chart.
1972-The Temptations' "Papa Was A Rolling Stone" is released.
1975-Kiss' "Rock and Roll All Nite" is released.
1976- The Yankees win their 30th pennant dramatically on Chris Chambliss' bottom of ninth-inning solo homer defeating the Royals, 7-6 in Game Five and deciding contest of the ALCS.
1977- At the request of the Dodgers, Linda Ronstadt sings the National Anthem at Dodger Stadium to open the third game of the World Series against the Yankees. (1977)
1978-All four solo albums by the members of KISS break through Billboard's Top 100. Gene Simmons effort will prove to be the highest charting at #22, followed by Ace Frehley at #26, then Paul Stanley at #40 and Peter Criss at #43.
1981- Four days of heavy rain across northern Texas and southern Oklahoma came to an end. The heaviest rains fell in a band from southwest of Abilene TX to McAlester OK, with up to 26 inches reported north of Gainesville, in north central Texas. The heavy rains were the result of decaying Hurricane Norma, which also spawned thirteen tornadoes across the region. Seven deaths were attributed to the flooding.
1984 - Dense fog contributed to a 118 vehicle accident on I-94, just south of Milwaukee WI. It was the seventh day of an eight day stretch of dense fog. At the time of the accident the visibility was reportedly close to zero
1987 - A media frenzy occurred when hundreds of rescuers came to the aid of little 18-month-old Jessica McClure. At 9:30 a.m. on this day, Jessica fell 22 feet into an abandoned well in her backyard in Midland, Texas. She was brought out of the well 58 hours later and was rushed to the hospital, where she underwent minor surgery. Gifts, especially stuffed animals, pouring into the hospital from well-wishers, most of whom had never met Jessica or her family.
1988 - Forty cities in the eastern U.S. reported record low temperatures for the date. Elkins WV was the cold spot in the nation with a record low of 18 degrees above zero. Thunderstorms in Arizona drenched Phoenix with nine inches of rain in nine hours, the fifth highest total for any given day in ninety-two years of records. Carefree AZ was soaked with two inches of rain.
1989 - Thunderstorms produced severe weather over Michigan during the morning, and over New York State and Connecticut during the afternoon and evening hours. Thunderstorms spawned two tornadoes, and there were ninety reports of large hail or damaging winds, including seventy reports of damaging winds in New York State. A tornado at McDonough NY killed one person and injured three other people. Strong thunderstorm winds gusted to 105 mph at Somerset. Temperatures warmed into the 80s and lower 90s over much of the nation east of the Rockies, with eleven cities reporting record high temperatures for the date. Afternoon highs of 81 degrees at Beckley WV and Bluefield WV equaled October records.
1990- San Francisco 49er Joe Montana passes for six 6 touchdowns vs. Atlanta (45-35).
http://www.thedebster.com/magic.html
http://www.sfgate.com/sports/49ers/pages/1997/montana.shtml
http://www.amazon.com/exec/obidos/tg/detail/-/0805042784/
102-3335791-6093721?v=glance
1992- Canada gets its first pennant as the Blue Jays clinch the AL crown with a 9-2 victory over the A's in the Game 6 of the ALCS.
1996-Archer Daniels Midland Company, Decatur, IL, a maker of agricultural commodities received a fine from the Justice Department for $100 million. It was a penalty for conspiring with other companies to fix the prices of two food additives, lysine and citric acid. The company admitted the charges. It was by far the largest such fine up to that time.
2002- Light hitting second baseman Adam Kennedy becomes the fifth player to hit three homers in a postseason game helping the Angels to secure their first World Series berth in the team's 42-year history. Using a ten-run seventh inning, Anaheim beats the Twins 13-5 to win the ALCS in five games.
2003 Holding a 3-0 lead and needing only five more outs to go the World Series for the first time since 1945, the Cubs give up eight runs, on five hits, three walks and an error to the Marlins. The team appears to come apart after a Cub fan, sitting along the left-field line at Wrigley Field, tries to catch a foul ball that was about to be caught by Cubs' outfielder Moises Alou for the second out of the inning.
World Series Champions This Date
1905 New York Giants
1908 Chicago Cubs
1929 Philadelphia Athletics
1965 Los Angles Dodgers
1984-Detroit Tigers
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Baseball Poem
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SuDoku
The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?
http://leasingnews.org/Soduku/soduko-main.htm
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Daily Puzzle
How to play:
http://www.setgame.com/set/puzzle_frame.htm
Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm
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http://www.gasbuddy.com/
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx
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Weather
See USA map, click to specific area, no commercials
http://www.weather.gov/
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or type in a new route to learn the traffic live
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