Benefits of Vendor Finance
Below are just a few of the benefits of Vendor Finance to you and your customer.
Benefits To You
- A monthly rental will be more appealing than a daunting 'Day 1' investment by your customer
- The benefits and savings made by acquiring your product are easier for your customer to appreciate if the costs are broken down monthly or quarterly.
- You will have the opportunity to remarket your customer at the end of the finance agreement, when upgrading or replacing will be fresh in their mind.
- By offering your customer not just ‘direct purchase’ but also the ‘financing’ route, you are giving them options rather than just a choice to buy.
- If cash is the limiting factor, they can upgrade to a preferred or better asset
- Prompt provision of finance may stop the customer 'shopping around'
- You will have a tighter and more reliable ledger with direct payment for goods from a recognised financial institution immediately upon delivery or installation
Benefits To Your Customer
- Retain vital cash reserves
- Acquire assets through revenue rather than capex budgets
- Spread the cost of acquisition over useful life of asset
- Leasing contracts may improve key financial indicators
Enquire Online
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you competitive UK Vendor Finance.
