Centerpoint Financial Services Latest Fax June 14, 2002
by Christopher Menkin
Centerpoint Financial Services, LLC, has been unable to place
backlog. Please accept our apology for the inconvenience this has caused
Leasing News complimented the forthright handling by Chuck Brazier. There
is criticism and unhappiness with lessees, vendors not paid, and lessor/discounters
and brokers caught in between.
Unfortunately, no one would sign their name as they were hoping their deal would
fund and to sign their name would jeopardize the funding of their transaction
Here are some more calm ones:
Praise to CHUCK at Centerpoint ASIDE, the real issue is that CENTERPOINT is
NOT honoring approvals and NOT funding deals that were all set to fund. As
we all know this can be catastrophic to a leasing broker's existence.
"Nature of the BROKER BEAST" or "Broker Beware" I guess !
placed one and the other was not. I do not know what we are going
to do with
( name with held )
wrote checks (*approvals) under an account (line of credit) which had
( name with held )
News interviewed both Gordon Roberts, president, and John Otto, the
sales, and other problems, including line of credit for warehousing
To the best of our knowledge, Mr. Brazier has been forthright and candid, trying
help all parties involved. In the instances of Metrolease, SDI Capital,
sent out three faxes to all brokers on the Centerpoint Financial list,
sources, and tried to be of assistance in every manner he could, although
and should be recognized for this fact.
no one at Centerpoint will make any comment, Leasing News assumes these
never met the wife of John Otto, if he is married. I do know Pat Roberts very well.
And I am sure she is not very happy about the circumstances. Most likely this
is Centerpoints last day as an active company.. Editor)
To all of you that are sending your support to my husband Chuck Brazier
through Kit Menkin@Leasingnews.org and phone calls.
Connie J. Brazier
PS Don't tell Chuck I sent this.
my name to the long list of Chuck Brazier's admirers. My admiration
everyone in the leasing industry would care and contribute as much as
Paul J. Menzel, CLP
Senior Vice President / General Manager
SANTA BARBARA BANK & TRUST
P.O. Box 60607
Santa Barbara, CA 93160-0607
1 South Los Carneros Road
Goleta, CA 93117
Dir Ph# (805)560-1650
I too, knew Chuck Brazier and worked with him in the old CPL days. High on
his list of virtues is that he "cares". We wish him well and offer any help
we might give in this troubled time.
Commercial Equipment Finance
Albuquerque, New Mexico.
Name = Lee Greif
Address = 7500 College Boulevard
City = Overland Park
State = Kansas
Zipcode = 66210
Phone = 913-754-0850
Fax = 913-906-9840
Email = Leeg@herfund.com
Comments = I am pleased that leasing news has chosen to give