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Subprime Lending

Argent Starts Online Program For Office Supply Discounts

By James Comtois

As part of its plan to expand its online business building services, as well as give its smaller brokers the buying power of large corporations, Argent Mortgage Co., an Irvine, Calif.-based mortgage lender, has introduced an exclusive program to allow active, Argent-approved mortgage professionals to purchase office supplies at deep discounts and lower the cost of their business operations.

Argent Purchasing Express is an e-commerce portal that features discounts from dozens of national office supply and equipment companies such as Staples and Office Depot with thousands of products offered at a negotiated rate for Argent-approved brokers. The program, which also offers a personalized and complimentary cost comparison, is available online at www.argentmortgage.com.

This option rounds out the online business building services that Argent Mortgage has instituted for its clients over the past few years. In conjunction with recently launched Argent University and a full array of marketing tools and templates, Argent Purchasing Express assists mortgage professionals in building their business and increasing their profitability.

The lender's clients save money through contract pricing and save time by shopping online at its site for wireless services, copiers, fax machines, scanners and other office supplies. Argent-approved brokers have the buying power of a large corporation without being locked into exclusive or minimum purchase agreements.

Argent Purchasing Express offers the following discounts: on computer equipment, such as Dell and HP discounts of 12% to 20%; Canon, Ricoh and Xerox equipment such as copier and fax machines are discounted up to 50% or more and include local service and maintenance; FedEx, Kinkos, AppleOne, Avis and other services are discounted to 60% below retail prices; Office Depot, Staples and Corporate Express discounts of up to 20% below retail prices; Verizon, Cingular and Nextel customers can save up to 20% off monthly services plans; and 1-800-Flowers, Foley Estates Winery, Hickory Farms, Omaha steaks and numerous other gifts with an average savings of 15% to 20%.

Additionally, the company offers account consulting to help brokers explore saving options. If brokers provide one month of itemized receipts, the consultants can offer an "apples to apples" cost comparison that shows how much a particular office might save on operating costs by purchasing supplies through the online system. The consultants also can provide advice and follow-up services.

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