Building Strong Customer Relationships in Asset Finance
In this cutthroat world of asset finance, customer satisfaction is no longer a luxury; it’s a necessity. Happy customers become loyal customers, and loyal customers drive business growth. By focusing on building strong relationships, asset finance companies can differentiate themselves from competitors and achieve long-term success. The Importance of Customer Satisfaction A satisfied customer is more likely to: Recommend your […]
The Power of Data: How Xpertek’s Acquire Drives Better Decisions
If knowledge is power, then data is king. It’s the fuel that powers smart decisions, drives growth, and keeps you ahead of the competition. This is especially true in the lending business, where having the right information at your fingertips can make all the difference. Xpertek’s Acquire is more than just software; it’s a powerful tool that turns your financial information […]
Asset-Based Lending: A Growing Trend in Private Equity
Private equity firms are facing tough times. High-interest rates are squeezing profits and making it harder to borrow money. To stay competitive, many are turning to new financing options. One option gaining popularity is asset-based lending (ABL). ABL lets companies borrow money using their assets as security. This can be anything from inventory to machinery. It’s like using your house as […]
B2B Lending – Get the Edge with Xpertek
Knowing how to gain the competitive edge is what you need right now. For lenders, margins can be tight, risk high, and competition rife.
Digitisation of the banking industry
For many of us, stepping up to an ATM or hopping online to our internet banking is a simple task, but this is not the case for most of Africa. South African banks have, over the last few years, been scaling back on their in-branch services. Many branches were only satellite branches, offering a limited […]
Compuscan and Scoresharp sold to Experian
Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and ScoreSharp, a decision analytics company, to Experian for ZAR3.72bn.
New accounting rules for leases on the horizon
The International Accounting Standards Board (IASB) issued IFRS 16 Leases in January 2016. IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (‘lessee’) and the supplier (‘lessor’). IFRS 16 is effective from 1 January 2019.
Transaction Capital posts strong results in a tough climate
Asset-backed lender, Transaction Capital has reported a 20% climb in headline earnings to R177 million. This performance is ahead of expectations as of March 31, 2015.
Qrent offers to help put second-hand computers in SA schools
Qrent, who specialise in refinancing used assets, including second-hand computers and laptops is a division of Innovent and a client of Xpertek.
Technology Can Help Us Too
Nearly everyone has a phone. Despite this, businesses continue to keep records manually and they still send their sales reps out into the field armed with a clipboard and a pen, instead of making use of the technology available as business tools.
