Category Archives: Vendor Financing

Sellers of equipment, vehicles, and software… pay attention

It’s a Question of Closing

I’ve spent the last few posts discussing companies offering financing to their customers. It’s easy, it’s profitable, and it’s become very necessary. However, there are some people that are still not convinced. They don’t see how offering financing can help them. I can hear them now: “I don’t care how my customers get the money.” (I’ve heard that).… Read More »

Why Aren’t You Offering Financing? (part 2)

Ok, last time I discussed businesses who sell equipment offering financing, and some of the assumptions companies have that keep them from doing such. My goal here is to show how inaccurate these assumptions are, and hopefully spark some interest to partake in this most excellent business activity. Last time, I reiterated that there’s no risk at all… Read More »

Why Aren’t You Offering Financing? (part 1)

I have roughly 17,000 things on my desk today, all of which need my attention. To say businesses are looking to finance equipment in 2020 is an understatement. We, and every other lender out there, are busy. Overwhelmingly, businesses from coast to coast are buying equipment, and using monthly payments to make their purchases fit into the balance… Read More »