Why Offer Financing?

Generally, when the cost of equipment exceeds $4,000, businesses start to consider alternative options to paying cash. Leasing is particularly attractive because it enables the buyer to spread the costs of the equipment affordably across time while also capturing significant tax advantages. These are some of the key reasons why you should offer financing on the equipment you sell:

• Selling payments is easier than selling price

• Leasing makes existing sales bigger. Selling a payment of approximately $168.00 per month (upon approval) instead of $7000.00 up front can make the equipment your selling much more affordable.

• 80% of businesses lease some or all of their equipment 

• Selling payments expedites sales. Financing gives customers the power to buy now if they have cash flow limitations

• Lease payments are a tax-deductible business expense for your customer

• Customers focus on short term expense vs. short term profit, which makes payments more attractive.

• Financing gives clients the ability to quickly measure profit from the purchase.

• Deferred payment options can give the customer time to get the equipment generating profit before payments begin.