MSEDA FINANCIAL SERVICES
Financial Services is the next evolution in the Association’s strong commitment to Midwest-SouthEastern members and provides one-stop financial services for your needs and for your retail customers.
Dealer members have access to financing that will help perpetuate your business while meeting customer needs for competitive rates and payments that fit their monthly budget. This highly competitive program provides an array of innovative financial solutions including retail and wholesale financing, lease options and public finance. These services will allow you to effectively manage the customer for your benefit and are not tied to any manufacturer.
Through Financial Services we are committed to bringing you the most innovative products that meet your changing needs.
BANK CARD PROGRAM
Bankcard program a great way to save money while you streamline your operation for maximum profitability.
The Association sponsored Bankcard program lets you manage customer payments the fast, easy and cost-effective way. As an Association member, you will receive favorable processing discounts and faster funds availability while you reduce receivables. That is real money management.
Insurance coverages are one of the most complicated and expensive necessities of business management. So we rely on experts to help Midwest-SouthEastern members avoid the pitfalls and get exactly the coverages needed. Insurance is not something you leave to chance.
Therefore, we rely on the nation’s leading insurer of equipment dealers, Federated Insurance, for the best in group health, property, casualty, and worker’s compensation plans.
Members also have access to Federated’s pension, profit sharing, 401(k) and deferred compensation plans. Professional advisors evaluate the complex issues surrounding retirement plan benefits and design a program which most effectively meets retirement goals for dealers and their
PHYSICAL DAMAGE INSURANCE
This program provides physical damage insurance to equipment that is subject to loan or lease. It is administered by Equipment Insurance International and underwritten by American National Insurance Company.
· Coverage provides actual cash value protection and may be written in the terms of the loan or lease.
· Rates are in line with other insurance companies and reasonable for the coverage provided.
· Coverage is effective when the loan or lease is initiated.
· The premium may be included in the loan or lease.
· Premium calculations take only a matter of seconds.
· The program generates profit while protecting the lien holder and customer.
KNOW THE REAL VALUE OF YOUR BUSINESS – BUSINESS EVALUATIONS
Whether you are getting into something new or getting out of something you have had for a while, you want to know the true market value of your business investment. The truth is, many dealers don’t have a clear conception of the value of their business, and they don’t contemplate the subject of valuation unless they are considering one of the above questions or have estate planning needs.
Now you can… courtesy of a Certified Business Valuation from a name you trust: Midwest-SouthEastern Equipment Dealers Association.