Can our vendor financing program help you close more sales?
If you’re in the business of selling equipment or technology to businesses, you know that closing a sale with cash can be a tough sell. Often, customers don’t want to go through the hassle of applying for a bank loan, and no business likes laying out a large amount of cash for a purchase that pays for itself over time. That’s where the Advantage+ Financing Vendor Programs come in.
Vendor financing programs make it easier for you to close sales by letting you offer a smaller, monthly payment option rather than just a lump sum, upfront payment. There’s a reason car dealers promote monthly car payments rather than full cash amounts – as consumers, we think of our finances on a monthly basis, not cost over the life of the purchase. Since equipment and technology are used over time, it only makes sense to pay for the product as its being used.
Here’s how it works. First, your company partners with Advantage+ Financing. We create a button for your website that will let your customers apply for financing online or figure out their estimated payment instantly. Your customers apply for financing, we respond within one business day (sometimes even the same day), and you close your sale! Your company gets checks for the full purchase price upfront, and your customers make monthly payments to us.
Are financing rates competitive for vendor financing programs?
Financing rates vary from company to company. Advantage+ Financing has some of the most competitive rates for vendor financing programs in the business.
Why consider a vendor financing program?
Financing is particularly attractive because it enables the buyer to spread the costs of the equipment over time. Vendors like partnering with us because it lets them focus on doing what they do best – selling equipment, not managing financing programs. Here are some of the key reasons why you should consider a vendor financing program for your sales team:
- Selling a payment is easier than selling a total price.
- Financing can help you increase the size of the sale.
- Monthly equipment payments are tax-deductible business expenses.
- Customers can profit from their equipment immediately, rather than starting with a large deficit.
To begin a vendor financing program for your company, contact Advantage+ Financing today.
Ready to start offering Financing to your customers?
Find out how easy you can get started today by applying for our vendor program.
Advantage+ Financing is based in Milwaukee, Wisconsin and we serve clients nationwide in the small ticket category. We are not brokers, so we can offer very competitive rates. And since we lend directly to you, we offer more flexibility on payments, such as no penalties for prepayment, and a personal approach that you don’t receive with other companies.