Does leasing have a future as a separate credit product? Only if it does some or all of the following
- Become innovative
- Understand technology, don’t just finance it
- Become asset information experts
- Promote the product and the sector
- Standardise documentation and securitisation
- Modernise our organisations with talent from outside the sector
- Do real CSR, supporting leasing in emerging market financial services
- Ditch the product silo mentality
- Reward in line with income recognition
- Stop comparing with direct competitors and start benchmarking against best commercial practice
and a partridge in a pear tree….
Happy Christmas
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