The Importance of Diversity Spend

Whether for compliance, social, or economic reasons, American businesses have made Diversity Spend goals a top C-level priority. Including diversity suppliers provides a distinct competitive advantage by demonstrating commitment to core values and expanding access to the expertise of qualified, pre-vetted diverse suppliers. However, businesses are challenged to find diverse suppliers that they would also choose based on merit. Merrimak is proud to be such a supplier: an independent lessor and full-service equipment broker catering to a demanding marketplace – while being able to restructure our corporate status to deliver Tier One Diversity Spend Credit.
 
As a company that continues to be chosen as a premier leasing partner, we view our diversity status as merely an added value for customers who engage our services. This is not to say we are not grateful for the advantages that our diversity status brings. We find that this status has attracted some of the nation’s largest corporations who may otherwise not have given us fair consideration. Beyond the benefits of Diversity Spend, they have found that we are equally or even more competitive than the major investment-grade banks and financial institutions.
 
Supporting the Diversity Spend initiative Merrimak Capital would never be viewed as a pass-through. Merrimak holds 99% of every transaction we initiate, service our portfolio, and offer independent remarketing and/or brokerage services.
   
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