The Benefits of Leasing for Vendors

Our mission is to engage in conversations while providing competitive funding resources to a network of equipment manufacturers and distributors. In doing so, we enhance their overall selling experience while providing their customers with a more affordable way to invest in equipment.

Why Vendors Should Offer Financing Options

Did you know that 80% of your customer base requires financing help to purchase equipment? By offering affordable financing, you can attract and retain more customers. At the same time, you will give them a few choices on how they can pay for all equipment they need for their business to thrive. 

• The equipment being leased is the collateral and there are no compensating balances needed.
  
• The risk of obsolescence is to the lending company.
  
• Leased equipment is treated as an operating expense and does not appear as a liability on the balance sheet.
  
• Leased equipment is treated as a business expense and is not reported on the business owner's personal credit report.
  
• No down payment is required
  
• Usually, only one or two payments are due at signing. Those payments are applied to the lease so the lease term is actually reduced by the number of payments received at signing. 
  
• The business owner treats the equipment purchase as an expense. So, the equipment can usually be treated as a "100% write-off" and complicated depreciation schedules are avoided.
  

• Include a monthly pricing strategy early on
  
• Rely on “time to buy” promotions and offers
  
• Use “lease for as little as” features
  
• A tailored application to give to your customers
  
• Link to Tri-Lease’s application for faster approval
  
• Stress the usage of equipment as a return on investment
  

If you are interested in becoming a preferred vendor click here .