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RTOFunding.com
entered the rental-purchase market with the goal to become
experts in this industry and to provide unique and useful
financial opportunities for rental dealers of any size to grow
their business.
Hugh Connelly, President, RTOFunding.com
RTOFunding.com, a new
financial resource for the rental-purchase industry powered by
Vanguard Leasing, today announced the company has signed an
agreement to be the exclusive financial client of
Right Choice
Today, Inc., an RTO consulting venture led by industry veteran
Tony Craig.
See
RTO Online's videocast interview with Tony Craig, President,
Right Choice Today.
Hugh Connelly, president of RTOFunding.com, says the partnership
is a way to further immerse and educate their lending company in
the operational language and key performance indicators of
rental dealers.
"This relationship makes RTOFunding.com a more complete resource
for rental store operators. Through our arrangement with Right
Choice Today, Inc. we are polling the four main industry
software providers to create a specific reporting protocol for
dealers who want us to assess their financial strength and
potentially provide them with funding. The creation of these
proprietary business metrics will allow RTOFunding.com to
provide feedback to dealers in an even faster timeframe than
before."
Right Choice Today, Inc. President Tony Craig says he is
impressed with the depth of RTOFunding.com's commitment to the
Rent to Own industry.
"The rental industry needs better, more consistent financial
opportunities and RTOFunding.com has the resources and the
willingness to thoroughly understand this business and to
properly serve its clients."
RTOFunding.com President Hugh Connelly expressed that this
partnership is just the first of many steps the company plans to
take to demonstrate its dedication to the RTO industry.
"As I have said before, RTOFunding.com entered the
rental-purchase market with the goal to become experts in this
industry and to provide unique and useful financial
opportunities for rental dealers of any size to grow their
business. This partnership is just the first step toward
achieving those goals and becoming a valued member of the
rental-purchase community."
About RTOFunding.com
RTOFunding.com is a division of Vanguard Leasing, a national
finance company located outside Philadelphia, PA that operates
in all 50 states and is backed by a multi-billion dollar
financial services corporation. Through its various financial
offerings, the company offers rental operators the ability to
acquire inventory then roll the financing into an amortizing
term loan that locks in a positive monthly cash flow. By
matching the cash flow of the rental merchandise to the
amortization of debt, RTOFunding.com has provided a new vehicle
to ensure financial health and stability for independent rental
dealers. Additional information can be found on the Company's
website at
www.VanguardLeasing.com or
www.RTOfunding.com.
About Tony Craig and Right Choice Today, Inc.
Tony Craig has more than two decades of experience within the
rental-purchase industry with companies such as Premier
Companies, RentWay, Rental King and Rent-A-Center. Additionally,
Craig has lent his expertise to the Ohio Rental Dealers
Association, the Texas Association of Rental Agencies, the
Florida Rental Dealers Association, and the Association of
Progressive Rental Organizations. Recently, Craig produced an
industry report that was presented to the U.S. Congress
documenting the high level of rental customer satisfaction.
Craig also owns Measuring Up, a customer satisfaction survey
company. Additional information can be found at
www.measuringup123.com and
www.rightchoicetoday.com.
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only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
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