C2 Management, an asset disposition and recovery company, joined the National Equipment Finance Association.
“Questions that companies are being asked about the vendors they utilize for reuse and recycling have positioned certified companies like ours well to benefit from membership in many associations,” Chris Hansen, CEO of C2 Management, said. “But the efforts required to be a quality member make us think hard about which ones to join.”
Since 1998, C2 Management has worked with more than 200,000 buyers to ensure reuse becomes the highest form of recycling. The company profit shares with clients or purchases assets outright.
C2 Management has been a R2 certified company for a decade, which means the company goes through a rigorous annual auditing process that ensures environmental responsibility.
“Regardless of what capacity we end up collaborating with NEFA members in, we consider certification to be a key concept for us and we look forward to talking about it with all of them,” Hansen said.
C2 also recently joined The Electronics Reuse & Recycling Alliance (TERRA) to help spotlight certification and the company plans to showcase this certification for NEFA membership.
“The consulting side of our business is growing quickly,” Hansen said. “We can arrange buy-outs of equipment under lease to make the way for new transactions. We can also identify income streams for underused or obsolete assets that can furnish companies with capital to update their equipment.”
“Responsible and profitable asset disposition at the end of a lease will always benefit leaseholders, but we view joining NEFA as [a] way of letting these companies know that we can be of real value to them way before that happens,” Julie Gossett, finance supervisor for C2 Management, said.
“Joining NEFA will not only allow C2 to cast a wide net among brokers and lessors, but they will also have access to the large number of members that are looking to associate with these industries as well,” Chad Sluss, CEO of executive director of the NEFA, said. “The idea that C2 promotes responsible green practices as a certified company is very welcome at NEFA.”
“We do not restrict ourselves to any one type of material or asset,” Hansen said. “We regularly profit share with companies that bring us industrial assets and medical equipment, but we also decommission data centers.”
“The many networking venues that NEFA provides its members will allow C2 to connect with a variety of companies creating long-term win-win relationships,” Robert Hanna, chairperson of the NEFA’s Membership Committee and the director of national sales and marketing at Boston law firm Cohn & Dussi, said. “With regards to funders and finance companies specifically, I can see where C2 could easily bring valuable options in the final years of a lease.”
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