Exclusive Broker Services Program Through Mazuma Capital
December 17, 2010 (PRLEAP.COM) Business NewsDraper, Utah December 16, 2010–Mazuma Capital announces a new extension of services to include an exclusive broker program. The offering is part of Mazuma's Strategic Development Program and provides innovative turnkey solutions for brokers and their clients.
The broker program has been formed in conjunction with Mazuma Capital's new affiliation with the NAELB (National Association of Equipment Leasing Brokers). The exclusive broker program is available to brokers whom seek funding from $100K to $10MM for qualified middle-market clients. Through a private label solution or as a turn key service provider brokers may access this program to reduce turn-around time and streamline processes.
Mazuma Capital possesses financial backing that provides strength to fund transactions internally, allowing Mazuma to carry residual risk, fund projects over extended installation periods, and other capabilities that most of Mazuma's competitors can't match. By bringing together these unparalleled resources coupled with a unique approach to the market place, Mazuma Capital can deliver the quality, timing, strategy and strength that top brokers are seeking.
"We know and understand the competitive landscape of equipment leasing right now. With the migration of the main stream banks, money centers and independent leasing companies to better credit markets, these sources continue to tighten as they stretch to find ways to reduce static loss, take less risk and strengthen their respective portfolios. This has made the "A" credit markets extremely competitive and left a gaping hole in the "B" credit markets. Mazuma Capital, staying true to its niche`, has successfully funded more than $100MM in "B" credits since the start of the downturn. This is due to our strategic partners who remain flush with capital and our own internal capital and expertise in being able to structure and carry equity risk on transactions that have merit. As relationship continue to win deals, it is important for Mazuma to be an advocate for these companies, and the brokers that represent them. By following best practices and delivering on our commitments we have created an amazing broker program that provides flexible lease options to meet the needs of brokers and their clients", said Jared Belnap, Mazuma Capital CEO and President. "It is Mazuma's goal to help promote these best practices and incorporate them into each leasing transaction and relationship we enter into", said Belnap.
About Mazuma: Mazuma Capital is committed to our client's and partner's success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance and subscribes to the ELFA Code of Fair Business Practices, and the NAELB Ethical Conduct Code.