Vendor Finance
GB Asset Finance Limited work closely with a number of suppliers of capital goods. The fact that we are not restricted to one single funder is a major advantage in that we offer a more flexible and broad approach to that found when dealing directly with one particular lender who ultimately will cherry pick the deals to suit their company policy or pricing criteria.
Due to our position in the market we will not jeopardise your selling potential or relationship with your customer by unfavorable credit decisions, instead we will tailor a solution to meet a particular requirement.
“We will tailor a solution to meet a particular requirement”
We understand the challenges your business faces in this competitive market and therefore the need for us to be inventive and creative in our finance dealings, as an example we can discuss:
- Structured payment terms.
- Low start payment options.
- Operating lease facilities.
- VAT deferrals.
We will prepare, present and package a finance application on behalf of your customer in a format that will enhance their chances of securing finance.
In addition to this we also encourage working with our vendor partners in the following areas:
- Marketing campaigns.
- Credit control.
- Attending regular sales meetings to discuss new ideas and obtain feedback and highlight success stories.
Benefits to your business
There are numerous benefits your business has to gain by working with us.
- Increase your sales by offering finance solutions to customers thereby overcoming many cost objections.
- Increase your margins as financing encourages customers to sign up for added options / extras from that as discussed in your original product offering.
- Cash flow benefits through immediate payment of sales invoices.
- Improve your debtor position by converting equipment you may have on a direct rental or deferment to finance.
- Opportunity to develop ongoing relationships with your customers by structuring a finance profile to allow upgrades and add-ons.
- Joint marketing initiatives with us to maximise your sales opportunities.
Remember for your customer financing is often simply the best use of their business cash, increasing return on investment and maintaining liquidity in their business. It gets them the equipment they need without having to make financial compromises. In addition, finance offers tax incentives, budgeting advantages and convenience.
Let us join part of your team and notice the difference.