Stay Relevant or Become Extinct!

Do you remember standing in Circuit City trying to determine which Polaroid
instant camera you would purchase to capture life’s unforgettable moments?

At their peak, each company enjoyed immense market share, comfortable profit margins and promising future profitability. Both companies filed for Chapter 11 Bankruptcy. Circuit City, once the behemoth of electronic retailers, posted this on their company website:

Circuit City would like to thank the millions of customers who have shopped
with us during the past 60 years. Unfortunately, we announced on January 16, 2009, that we are closing our stores.

Polaroid’s bankruptcy is believed to be the result of senior management’s failure to anticipate the effect of the digital age on its film business. After their product reached the market in 1948, they failed to adapt to changing technologies.

Both cases illustrate the need to change and adapt, or become irrelevant. Economic forces, disruptive technology and a myriad of other factors are constantly pressuring businesses to rethink their processes and adjust their strategies. Survival is as much about foresight as it is about fortitude.

Stalwart Contract Finance is here to help you recognize the changes in the equipment leasing industry, and to provide you with the dynamic tools necessary to compete and thrive in the new equipment leasing environment. Your Stalwart Contract Finance representative can help you understand how our CONTRACT FINANCING product works for situations and customers when traditional financing/equipment leasing does not. When your survival matters, our experience counts!