We provide a full range of programs designed to help equipment manufacturers and distributors enhance sales by offering a financing or leasing option to customers. Our representatives work with you to design transaction terms and structures that match your customers’ cash flow, tax and accounting objectives, and business needs.
Convenient financing programs help business equipment dealers and manufacturers sell more equipment.
Benefits of a Leasing Program for your business:
⦁ Increased Margins – Leasing often preserves margins that are lost in highly discounted cash sales. By selling monthly payments you can maintain your sales price and margins vs deep discounts to the sales price.
⦁ Close Business Faster – When your customer has to hunt for financing, it slows down the sales cycle. Offering your own leasing program means one-stop-shopping for your customer, a quick close for you and fewer lost sales.
⦁ Upselling – Low monthly lease payments help increase volume. Affordable monthly lease payments allow your customer to buy more “product” than a large upfront purchase price might allow.
⦁ Upgrading During the Term – Adding upgrades to the lease is easy for the customer and profitable for you. We add the upgrade to the Master Lease, with only a minimal monthly increase for the customer.
⦁ Lock In Follow-On Business – Follow-on business is almost always more profitable than the initial order. By monitoring the end of the lease term, you’ll know exactly when to contact the customer.
⦁ Improve Cash Flow – Avoid providing 30, 60 and 90 day terms to your customers. VFS will fund the transaction immediately upon installation and documentation, providing you with improved cash flow.
Benefits of Leasing for Your Customer:
⦁ Low monthly payments vs. significant cash outlay
⦁ Save operating budgets
⦁ Preserve and/or expands existing lines of credit
⦁ Protect against equipment obsolescence with easy upgrades
⦁ Lease payments are often tax deductible
⦁ Can provide “off balance sheet” financing
⦁ One stop shopping
⦁ Creative financial solutions can potentially save a sale.