Kruse-Brady-Monlux Go MainStreet Finance

 

 

“Thanks so much for your recent posting of the MainStreet Finance Press

Release,” John Kruse said in his e-mail.” We have been buried with calls and interest pertaining to the different products that we are starting to offer to the leasing market.

John Kruse

 

Kruse is Vice President of Business Finance and Managing Partner with MainStreet. He is very well-known in the leasing industry, contributing

both time and support to several leasing associations. He presently

serves on the board of directors of the United Association of Equipment

Leasing

 

 

“There is definitely a strong interest in other forms of finance products

that these companies can market back to their existing customers and

prospects, “ he explains about his new company. ” There is also an even stronger, obvious, interest in adding more profit to the bottom line without adding any additional overhead.

 

“The Company will be delivering their services through marketing and service relationships with independent CPA firms, small banks, equipment finance companies and manufacturers who focus on service to small business owners.

 

MainStreet is the brainchild of Jim Brady, Cliff Monlux and Kruse, who together represent over 40 years of experience working in the specialty finance market. MainStreet is exceptional in offering access to several forms of financing from a number of different lenders across the US through one highly efficient central service point.

 

The idea is to help equipment leasing finance companies leverage their marketing investment for more revenue and stronger client relationships, introducing other

products and acting as intermediaries for additional fee benefit plus service

to their customers.

 

 "Companies that currently offer only equipment leasing and loans can now offer other forms of financing to their lessee customers with minimum additional cost and significant upside revenue potential,"  Kruse explains.  With their contacts, information, experience, MainStreet can increase yields, fees, and help maintain

their customer base by offering more financial services..

 

 “l am  very fortunate to be working with Jim Brady and Cliff Monlux again,”  Kruse says.” It's refreshing to work alongside partners who

you can trust and who's interest lies in creating quality products that

offer true value to the customer.  Much like the early days of System 1.”

 

System 1 was the software product and company name which started in 1995, which took both the broker and small to medium lessor/discount marketplace by storm.  It was first introduced for a nominal dollar amount at leasing conferences, then part of a package for joining leasing associations, with the two fold process of getting the first version out and working, and tying companies into a yearly

contract for maintenance plus upgrades. As the company developed more “sophisticated programs, the company name changed in 1999 to CapitalStream. The System 1 Software name changed to 'Advantage', as it is today.  The company was spun off to Jim Buckles, who manages it today. 

 

Cliff Monlux and John Kruse started System 1 with Jim McCommon’s company

Beta number one (see the 1995 Picture from past above this story).  Kruse met Jim Brady when he was at MetLife Capital where he purchased our System 1 product.   After GE purchased and subsequently closed MetLife Capital. Brady became vice-president of Marketing at CapitalStream.  Jim was at CapitalStream for approximately 2.5 years.

 

Jim Brady

 

"MainStreet is all about finding credit for small business," said Jim Brady, Senior Managing Partner of MainStreet Finance. "We work with our service partners, namely CPAs, banks and other channels to define the credit needs of their clients and help them quickly find and qualify for appropriate financing at competitive rates" added Brady.

 

MainStreet offers their channel partners the benefit of personal advice and assistance in serving their clients as well as convenient online access to information, qualification tools and application forms.

 

"MainStreet represents an innovative approach to the challenge of small business credit in a number of ways" said Cliff Monlux, co-Senior Managing Partner of MainStreet. "Foremost is the idea of using professional channels for more efficient access to the small business client" added Monlux.

 

Cliff Monlus

 

More about the management of this company, with telephone numbers and

other information is available at:

 

http://www.mainstreetfinance.com/managementteam.php

 

Jim Brady, Senior Managing Partner, can be reached at

(866)889-6886 Ext. 230

jim@mainstreetfinance.com

 

 

John Kruse

jfk@mainstreetfinance.com

(425) 889-6886, ext. 224

 

Featured on Leasing News 8/20/03

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