Amur Vendor Newsletter, April 2024

Another Record-Breaking Quarter for Amur? ??

Amur is proud to announce another quarter of record originations in Q1, providing financing for more than 3,000 customers – the most in its 28-year history!? We are thrilled to be the finance partner of choice for so many vendors and customers in Q1 – it is our purpose to provide you and your customers with the financing tools you need to succeed. ?

Q2 Economic Outlook

Overall economic activity remained robust in Q1, with the ISM manufacturing gauge posting its first increase in 16 months in March. ?In fact, the economy has remained so resilient in the face of higher interest rates that the Federal Reserve seems content to leave its benchmark rate ‘higher for longer’ rather than cut the rate and risk an uptick in inflation. ? Given the increase in manufacturing activity and continued tailwinds for the construction and industrial sectors from infrastructure development and reinvestment, Amur is planning for a busy Q2 in our ‘CIV’ (construction, industrial and vocational) sector. ?We also expect an increase in transportation activity as the weather improves and cargo attempts to navigate around the Port of Baltimore. ? We are ready to put together another record-breaking quarter at Amur! Please reach out today if there is anything we can do to help you maximize your sales as we take on Q2 together!

We Want to Hear from You!

We want to make sure that you, our valued vendor partners, are properly served now and throughout the year!?

What can we do to better align with your sales goals? Our aim is to be the best equipment finance company in the country so please let us know how we can best help you and your team.?

Interested in Acquiring Equipment from Amur?

Amur aims to be a value-additive partner to all aspects of your business. ?Primarily that means financing the sale of your equipment to your customers, however, this can also include selling equipment directly to you.?

Did you know that Amur, as one of the largest non-bank financing companies in the country, is an active re-seller of equipment? ?Our?Asset Management?team does an amazing job of managing our nationwide equipment inventory. ?When we can partner with our vendors to efficiently sell equipment and put it back on your lot for resale, everybody wins! ?

Here are just a few examples of equipment that Amur has recently sold to vendors partners: ?

Contact us today if you’d like to discuss opportunities to purchase equipment from Amur!

FAQs

Q.? ?Can Amur offer a zero-down approval??

A.? ?Yes! Amur can offer zero-down financing on New and Used equipment for qualifying credits.

Q.? ?Is Amur a direct lender??

A.? ?Absolutely. ?We are one of the largest non-bank lenders in the country, with over $5bn in equipment financed in our company's 26+ year history.

Q.? ?Can Amur do larger transactions?

A.? ?Yes! ?While we most of our business in the app-only space, we are ready to finance larger assets and schedules up to $3mm and beyond! ?

Q.? ?Does an application with Amur affect my customer's credit score?

A.? ?Amur only performs soft credit checks, so submitting an application to Amur will not affect your customer's credit.

Contact your Amur Account Manager to find out more about our market-leading finance products.

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Partner with Amur to equip yourself to win!