Rent-to-own News

Rent-to-own News - New York Premier Rental-Purchase store receives Top New Business award in SBA ceremony

December 12, 2006

By Dee Dee Yelverton

 

Premier Rental-Purchase in New York has been recognized as the "Top New Business" by M&T Bank as part of a U.S. Small Business Administration awards ceremony held December 11 at the Syracuse store. Bernard J. Paprocki, U. S. SBA Syracuse district director presented the “Top Commercial Lender of the Year” award to M&T Bank in recognition of the number of loans and amount of money it has lent to small businesses in central New York. M&T Bank and the SBA recognized Premier Rentals as the top new business for M&T Bank in the central New York area. "I am very flattered that they would recognize a small business in the rent-to-own industry as one of their successful stories in its first year of business," says Rick Vadnais, Syracuse, New York, Premier Rental-Purchase store owner. Debra Angarano of M&T Bank says they wanted to recognize the company for its hard work and efficiency.

 

"Premier Rentals is doing well and we wanted to recognize Rick and his team,” says Angarano. Trooper Earle, Premier president and chief executive officer, is proud of the team's success. "We are very honored," Earle says. "As an SBA approved franchise, we work very hard to make the process of obtaining a loan efficient for our franchisees." Vadnais opened his store in September 2005 and plans to open a second store in the Syracuse area by the end of 2007.

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.
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Complete issue of RTOHQ: The Magazine | April-May 2009
Download the entire April - May 2009 issue of RTOHQ: The Magazine by clicking on the link above (PDF).

APRO’s Big Show Returns to the Cities of Light
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Paris and Las Vegas share the nickname “City of Light.” But you don’t have to settle for one over the other—-enjoy both at the same time! APRO returns to Paris and Bally’s in Las Vegas for the 2009 Rent-to-Own Convention and Buying Show, August 30–September 2. What happens in Vegas is très magnifique!.

The Lobbyists
By Kristen Card
While the rent-to-own industry employs an impressive grassroots movement aimed at securing a federal definition, it relies on efforts from inside the Beltway, as well. Lobbyists John Raffaelli, Zahra Buck, Tonya Speed and Palmer Hamilton help keep rent-to-own on the minds and agendas of the lawmakers on Capitol Hill.

Protecting Rent-to-Own Trade Secrets
By Ed Winn III
When an employee leaves your store, do your company’s private information—-and your customers—-go with him? APRO’s legal counsel explores the strategies for keeping your trade secrets where they belong.

A Permanent Opportunity in Temporary Housing
By Tiffany Hamburger
In our previous issue, we profiled the home staging industry, a potential new revenue source for rent-to-own. Now, a look at another under-tapped market to consider.

Vendor Spotlight: Bonnie Nitzsche
By Tiffany Hamburger
Known for her good cheer and stalwart dedication, an APRO Vendor of the Year recipient and undisputed friend of the rent-to-own industry turns the reins over to her son.


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Association of Progressive Rental Organizations
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