Free Tools for Hard Times

In these challenging times, those of us in the finance industry must be more resourceful than ever before if we are to survive and ultimately thrive through the difficulties that we face. There are two essential keys to survival—sometimes seemingly conflicting—that stand out above all others: (1) reduce your overhead and make sure that you don't spend a single dollar that doesn't return at least $1.00+, and (2) utilize all the valuable tools and resources available to you so as to leverage your position and gain maximum traction in a slippery environment.

Generally you are forced to weigh these two items against one another, deciding whether the cost of a tool adds value or not.

If you are receiving this e-mail it is because you are a lender, a broker, or a borrower who has already signed up to use Lendicom. So this message is meant to be a reminder to you that Lendicom is a tool which does not force you to weigh cost against benefit.

If you are a borrower or a broker, you will never pay to use Lendicom at any point in the process. That’s it. If you are a lender, you will pay a nominal fee (25 basis points) only if you close a loan through Lendicom. So lenders will only pay when they willingly choose to make transactions which earn offer profit well in excess of the nominal Lendicom fee.

So as you batten down the hatches so to speak, and make those hard choices as to what to use and what to cut, remember that you are not forced to make hard choices with Lendicom. Use it, enjoy it, and prosper!