Do you supply any type of machinery, equipment, vehicle or technology? Here we explore why you should offer your customers an asset finance option.
Offering your customers an asset finance option can bring several benefits to your business and your customers. Asset finance is a type of lending or leasing arrangement that allows businesses to acquire assets without having to pay for them upfront.
Offering this as an option allows your customers to acquire your products and use them straight away without having to pay in full upfront or tie up existing credit lines. You get paid in full by one of our specialist funders. A win-win strategy!
A professional partner such as Tempo Finance makes this happen – we take care of finding the best deals for your customers, and all the paperwork, so you don’t have to.
Why you should offer this option to your customers:
- Increased Sales: Asset finance can make your products or services more affordable and accessible to a wider range of customers.
- Customer Convenience: You can offer your customers a more convenient way to acquire the assets they need without them making a significant upfront investment.
- Competitive Advantage: Offering asset finance can set you apart from competitors who do not provide such options.
- Cash Flow Management for your Customers: Asset finance allows customers to spread the cost of acquiring an asset over time, which can be easier for them to manage.
- Cash Flow Management for You: The funder will pay you for your asset upfront and your customer repays the funder – you make a complete sale upfront.
- Risk Mitigation: Asset finance providers often take on the risks associated with the asset’s value and resale value. This can reduce the financial risk for customers, making it a more attractive option.
- Fostering Long-Term Relationships: By offering asset finance, you can build long-term relationships with customers who may continue to use your services or products for an extended period, enhancing customer loyalty and repeat business.
- Meeting Customer Demand: In some industries, such as technology or heavy machinery, customers may expect asset finance options. Meeting these expectations can attract and retain customers.
Partnering with a professional and qualified Asset Finance Broker gives you the best opportunity to offer asset finance as part of your customer package. Tempo Finance have the expertise to make this happen for you.
Contact us today for a no obligation chat.