Changing the customer preferences to ensure a bett
question of growth is always tied up with better management practices. This is rightly evident at LoanMax, the
flagship firm managed by
. From humble beginnings, this
lending institution has now continuously expanded its operations and they now
have branches in more than 20 states all over the United States. This in itself is a record for a firm that
has come up the hard way from humble beginnings with a small sum of money as
its working capital. Very recently, the
working capital of LoanMax has gone up several times and it is now planning to
foray into other sectors as well.
compared to other investor destinations, the United States always promotes
entrepreneurship. This is one reason as
to why almost all the leading businesses and businessmen in the world have
opened shop in this economic powerhouse of the world. Thus lending institutions like LoanMax have
achieved greater progress that is literally impossible if their operations
would have been in another part of the world say, in Asia or Africa.
with small financial needs always shied away from seeking the financial
assistance from the major banks and lending institutions. This is because, they had a notion that these
institutions are out of bounds for people with small and medium incomes. On the other hand, these institutions do have
better plans for people with small incomes, but the truth is that availing a
loan may take much paper work.
lending institutions like LoanMax, however, follow a different lending
policy. After doing a market research
into the customer preferences, Rod Aycox has been able to offer a better deal
to people with any type of income. The
approach that they have adopted is to affect a change in the mindset of the
common man through promotional activities.
Only by changing the misconceptions of the common man will it be
possible to motivate him to avail a loan from a lending institution like
LoanMax. The success of this mass
customer awareness programme is rightly evident in the volume of business
handled by LoanMax.