A Message from Don Burnett
Thanks for taking your time to explore leasing in your bank. My bank, Focus Bank, started its leasing program in 1987, and I never imagined it would be so well received and so profitable. When we started leasing, we were a small community bank in a predominantly agricultural area with declining population and little growth potential. Obviously, I was becoming quite concerned about the financial future. We had always been a progressive bank, but it seemed as though each new product we introduced gave us no competitive advantage and no increase in profit. Does this sound familiar?
When we developed our own leasing program, I discovered a financial product that was a sleeping giant. It has become a product that provides me with my highest credit yields, a good non-interest income stream, and a competitive advantage that is hard to believe. Our portfolio now exceeds $20,000,000 and we have the largest community bank leasing operation between St. Louis and New Orleans.
It has become obvious that most banks don’t lease. For the life of me, I don’t know why. It is a natural financial product for banks. Of all capital equipment acquired, 33% is leased. If you don’t lease, that means your customer is going elsewhere.
In 1993 we developed a program that offers a complete turnkey installation of leasing into your bank. Our program includes training, software, operating manuals, sample policy, telephone support system, and above all else, the individual sales training you need to maximize this potential. This comes with satisfaction guaranteed, or your money back. When you leave our training you are completely equipped to start leasing tomorrow. To date, we have trained approximately 200 banks in 34 different states.
We call our program Banclease.
This program is not expensive. In fact, we can show you how this program will pay for itself with the first few leases you write.
I’m a community banker in the middle of a tough market, but I do know what has worked for my organization. If leasing works here, it will work for you. Opportunity is easy to recognize when it goes to work for your competition!
president & ceo Focus Bank
Don has served on the Board of Directors of the Missouri Bankers Association and has been in the banking industry for over 34 years. As a hands-on banker, he saw a need for leasing services that community banks could fill – if they had the right tools. This was the inspiration for BancLease. Don assembled a team of bankers, accountants, and computer experts to develop what now is BancLease. After seeing how profitable leasing can be for community banks, he decided to make the software available to others who faced challenges similar to his.
director of Banclease & Focus Bank, community bank president
Britt is the senior executive directly responsible for BancLease, including sales, service, and product improvements. He is also a hands-on user as President of the FOCUS Bank branch in Sikeston, Missouri. Wearing these two hats means Britt advises BancLease customers based on his personal experience. Britt has been with Focus Bank since 1991. He earned a Bachelor of Science Degree in Mathematics and a Graduate Degree in Banking from Louisiana State University. He keeps on top of industry trends as a regular participant in ongoing training, addressing leasing and bank operations.