6 Benefits of Vendor Equipment Leasing Programs

You might be saying to yourself, “I sell equipment, why should I offer financing?” We hear it on a daily basis. The answer is simple, vendors who offer equipment financing options sell more equipment! Keep in mind, even if customers can afford to pay cash for their equipment, equipment leasing/financing provides obvious advantages. These include yet not limted to tax relief, preservation of credit lines, cash-flow management, and the ability to stay ahead of the technology curve.

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Introducing equipment leasing and financing options early in the sales process will help overcome cost concerns. Equipment leasing is an important sales tool that will allow you to close more deals and move more inventory. When you control the equipment financing process and you have better control the sale.

Let’s take a closer look at the six benefits…

1) 100% Financing:

Our vendor equipment leasing and financing programs allow traditional “soft costs” such as installation, freight, training, and licensing to be included in the financed amount. This helps to further reduce initial out-of-pocket costs for your clients.

2) Private Label Financing:

Our private label vendor financing programs allow you to have the look and feel of a captive vendor finance division, without the work. Our marketing department is available to create custom applications and other materials with your company logo and color scheme. Custom online equipment lease calculators and applications are available.

3) Industry Expertise:

Having a vendor equipment leasing company on your side that knows your industry is important. Envision Capital Group has experience providing vendor finance programs in nearly every industry imaginable. We know industry terminology and can “talk the talk” with your customers and provide flexible equipment financing options.

4) Minimal Cash Upfront:

Cash will always be king! Your customers have better use for their cash than tying it up in costly equipment purchases. Our vendor financing programs require little money in advance; your customers can enjoy immediate use of the equipment as well as tax benefits at the end of the year.

5) Easier Selling:

Rather than selling the total cost of the equipment/project, with a vendor equipment financing program, you are selling a monthly payment that is often far lower than what the equipment will generate in profits. This allows the customer to justify bigger purchases that are paid for over time from the use of the equipment being acquired.

6) Shorten the Sales Cycle:

The old saying is true; time kills deals. Equipment vendors need all the tools available to shorten the sales cycle. Our streamlined application, documentation and funding process gets your customers the equipment they need, and get you (the vendor) paid FAST! We offer same day approvals and documentation.