February 22, 2019 – (New York, NY) GSG Financial, a leading captive equipment finance company, announced today that GSG financed record originations of $117 million in 2018. The growth came from both captive and captive outsourced equipment as GSG expanded its major account program. With the launch of GSG Asset Management and Remarketing (GSG AMR), GSG saw significant interest from third party lessors for asset management services and was able to exceed 200% of residual realization on its own portfolio.
Dialogue in the equipment finance industry is heating up on the topic of managed services, bundled payments and financing agreements tied to usage models. Some people call them consumption agreements, cost per use or managed solutions.