Database Systems Corp. provides the technology and products that can improve the productivity of your financial services organization.
Our financial services phone system and contact management software can streamline your operation while providing controls and consistency within your financial services group.
Contact DSC to learn more about our products and services that help financial services organizations.
The following organization provides financial services to companies requiring financial assistance in acquiring business systems and software. Information presented on this page was provided by the company or found on the company's website. Database Systems Corp. does not endorse the company's products and services nor warrant the accuracy of this information. For current information, please visit the company's website listed below.
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LPI Software Funding Group, Inc.
LPI Software Funding Group, Inc. (“LPI”) is a17-year old leasing company which focuses on providing creativeand cost-effective financing alternatives for vendors and users. LPI will leasecomputer software separately or in conjunction with hardware. LPIemphasizes working with software vendors, but also providessoftware leasing directly to users.
LPI and its management has concentrated in the computer andcommunications industries since the late 1960's. After leasingmore than $2 billion of computer and communication equipment,primarily by short-term operating leases, in the United States,Canada and Europe, we concluded in late 1991 that the computerindustry model was shifting -- thevalue of hardware was declining at an accelerating rate and theprimary value generator in the industry was now software.
Company Profile Information
LPI Software Funding Group, Inc.
Four Glenhardie Corporate Center
1255 Drummers Lane
Wayne, PA 19087
Additional Company Information
EXPERIENCE AND INNOVATION
In the operating lease area, LPI management had pioneerednumerous concepts, including the use of the nonrecourse loanstructure which was treated as a sale for accounting purposes,the introduction of operating lease programs into Europe,multiple levels of pooling to protect our lenders, and thecombination fixed/floating debt structure to lower funding costsand yet retain payment flexibility.
In the finance lease area, LPI has structured programs inwhich, subject to mutually agreed upon standards, the vendorcontrols credit approval, the monthly payment amount, the downpayment, and deals directly with the customer. LPI structures theprogram around the vendor's marketing policies. Programs havealso been arranged where there is a participation by the vendorin profitability beyond an agreed upon minimum.
In the software leasing area, LPI is pioneering a leasestructure tailored to software in which the software licensecontinues to flow directly to the user, but is flexible enough toalso include hardware. LPI has also developed a simple structureto handle progress payments of a license or of software modules.LPI has applied some lease structures used in large leases tomuch smaller ones, including floating rate leases and using aballoon payment at lease end so monthly payments will fit withinthe user’s budget. Lastly, we have arranged for theenhancement of the lessee’s credit through a letter ofcredit, cash collateral account, or security deposit so that atransaction could be consummated. For some details, go to “Success Stories”.
Financial Services Autodialer and Software
Database Systems Corp. (DSC) can pre-qualify your financial services leads as well as consumer lending prospects before they ever speak to your financial service department. Using our PACER and WIZARD phone systems with our "Smart" Predictive Dialing feature, we can call your prospects and play a highly focused and custom greeting.
Your financial service prospects are then given the option to talk with one of your sales representatives. They can leave a voice message, hear additional information such as the latest consumer loan rates, schedule a call back, or simply decline the service.
Now when your financial service representative speaks with a prospect, you know there is a high level of interest. No longer will your finance specialists spend hours dialing numbers, repeating the same greeting, experiencing a high level of rejection. Your calls will be with highly qualified and interested prospects. Fewer representatives can process far more financial prospects and your call success rate will increase dramatically.
Contact Database Systems Corp. Today
Contact DSC to learn more about our financial service technology and services.