Solutions for Vendor Partners
Why should a vendor offer a leasing program?
- Lease and Equipment Financing is Pervasive
- 85% of a typical customer base will lease at least some of their assets.
- 75% of these customers will not seek additional quotes.
- Vendor Finance is an essential client need
- Customer finance is both a profitable and an essential activity.
- A good leasing program creates value-added and helps differentiate the
vendor from competitors.
- For every vendor which does not offer a leasing alternative, there is a
good chance a competitor will.
- Leasing helps increase new business volume
Helps close the sale even if the customer has cost or budgetary constraints.
- Leasing can close the sale faster
Reduces the number of sign-offs a customer needs to make a decision.
- Leasing can help upgrade the sale
Allows the customer to get all the "Bells and Whistles" at nominal cost.
- Leasing can help differentiate the product
Leasing delivers an integrated equipment and financial solution.
- Leasing helps compete against lower cost alternatives .
By investing in the asset, a lessor spreads the cost of that asset over a longer time, thereby allowing a superior product to compete with a lower-priced one.
- Leasing drives future sales and equipment upgrades .
Leasing can accommodate equipment upgrades and technology refreshes, providing a total solution for client needs.
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