Mazuma Capital Unveils an Exclusive Finance Program for Mobile and Off-The-Grid Housing Solutions with Life Simple Network, LLC

DRAPER, UT- MARCH 2012/ Mazuma Capital announced their newly formed partnership with Life Simple Network, LLC; as the exclusive finance provider in the U.S. and Canada.   Life Simple sought out Mazuma Capital as their direct finance provider for their high level customers and vendors.  Life Simple Network, LLC offers their unique CHUHouse as an unparalleled housing solution for field workers on remote work sites or where housing is limited.

Mazuma Capital’s exclusive finance program allows Life Simple Network customers to immediately reduce upfront housing expenses with no capital outlay. Mazuma Capital brings their experience and strong technical knowledge within the oil and mining industry to ensure a profitable partnership with Life Simple.

“Our relationship with Life Simple is another example of our ability to work with unique collateral and unusual transactions.   The Life Simple product fills a demand that is continuing to grow, while taking us back to our financing roots in construction, mining and oilfield exploration.  We’re very excited to have them as a partner”, said David Eckman, VP of Vendor Services Mazuma Capital.

Curt Smith, managing member of Life Simple Network, LLC stated, “We are very excited about our new strategic partnership with Mazuma Capital.  The financing options, provided by Mazuma, will make it easier for our customers to secure much needed housing for their mobile work force,  at a lower overall cost than traditional housing options, while providing safety and convenience for their people.”, said Smith. 

About Mazuma: Mazuma Capital is committed to our client’s success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance. Mazuma Capital subscribes to the ELFA Code of Fair Business Practices and NAELB code of ethics.

Mazuma Capital Funds Hires David M. Eckman as Vice President of Vendor Services

FOR IMMEDIATE RELEASE-

DRAPER, UTAH SEPTEMBER 23, 2011–Mazuma Capital Corp announced that David M. Eckman has joined Mazuma Capital as the Vice President, of Vendor Services. The Vendor Services division will provide turnkey financing services to vendors, manufacturers and distributors seeking $100,000- $20,000,000.

David brings phenomenal expertise to Mazuma Captial through his extensive background in diversified management and finance.  Prior to joining Mazuma David worked with several financial institutions including Orix Credit Alliance, where he maintained the integrity of transaction fundings and regulatory processes.  David holds a B.S. Business Administration / Finance degree from, Oregon State University.

Mazuma Capital CEO Jared Belnap said, “We are excited about adding David to head up our Vendor Services division.  This division will provide a wide range of customized programs, turnkey solutions, and outstanding service.  David has a strong customer base and process history of developing these programs into successful ventures from his years at Orix and we’re thrilled to see him parlay this expertise into meaningful production, adding to Mazuma’s strong brand and market presence.”

 “I am very excited to join the Mazuma Capital team, and look forward to the continued growth and success of the Vendor Program.   Mazuma has the knowledge, expertise, and resources to position itself strategically into a formidable competitor in Vendor Origination and I’m thrilled to be at the helm in this endeavor.  I look forward to building on Mazuma’s already impeccable reputation as a dependable funding source with the highest level of hands on service.”  Said David M. Eckman, VP of Vendor Services.

About Mazuma: Mazuma Capital is committed to our client’s success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance and subscribes to the ELFA Code of Fair Business Practices.

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Media Contact: Julie Fuchs, 801-816-0800 Ext. X291, jfuchs@mazumacapital.com

Finding "Real" Value

With the economy up in the air and the unknown looming upon the leasing industry, we have seen many leasing companies, brokers and funding sources rise and fall throughout the past few years. Most originators, who have found success over the last few years and more specifically over the past year, have gravitated to a specific niche or limited their efforts to a few industries. Vendors and end-users want to conduct business with financial partners who understand their specific industries, their specific challenges, and are able to speak their language. Brokers who try to be all things to all potential customers become experts in nothing and spend more time chasing miss-matched transactions than they spend funding transactions which are properly aligned with their capabilities. Originators who are focused are able to provide greater value to their stakeholders and are able to increase their personal incomes more quickly. There are no better or worse industries to focus one’s energies, the important factors are to choose an industry which you have an interest in, which you can develop funding capabilities and an industry which you have a passion to penetrate on multiple levels.
“Real” value is derived from knowledge and an originator’s ability to transform knowledge into quantified results. Every broker’s primary function is to prospect and to deliver superior services to his/her stakeholders. Superior service cannot be delivered unless the originator has knowledge which is otherwise in limited supply. Therefore, it must be an ongoing process to improve your knowledge in relationship to every aspect of the leasing/financing process. Some of the greatest attractions for entrepreneurs to enter our industry are the dynamics, the flexibility, and the creativity of our business. Along with these factors comes the responsibility of originators to embrace change; to be pro-active in innovating and providing new solutions to new challenges. The strongest brokers embrace a higher level of knowledge; they no longer chase transactions with the lowest common denominators, but are able to attract stronger vendors, stronger funders and stronger credit clients because of their ability to add “real” value to every transaction.
The future is bright for the best brokers and originators. The market craves expertise, knowledge and value-added services. Funders, vendors and end-users need our services now more than ever. Success will not be delivered to those originators who are not pro-active. However, for those originators who are willing to deliver superior service and are willing to aggressively pursue new relationships by providing “real” value, 2011 will provide an abundance of new opportunities.

Mazuma Capital  is committed to our client's success.  Our unique capabilities and innovative product offerings provide solutions accelerating financial growth.  Servicing rising companies, established companies, brokers and vendors, Mazuma continues to secure its position as the middle-market industry leader.

Source: World Leasing News