Asset Finance For Your Customers
Keeping control of a sale is vital to any business and having that edge over your rivals can make all the difference in today's competitive marketplace.
Complete a contact form or call 0115 9849800 to find out how our experts can help you to secure the asset finance you need.
At Sterling Capital Reserve, we work closely with a number of business-to-business suppliers across a wide range of asset types including IT, Plant, Machinery and Vehicles. Your customers are provided not only with your equipment, but also the finance with which to buy the goods.
As you now handle all aspects of the transaction, the bond between the customer and yourself is enhanced. If the customer has to source finance elsewhere, the sale could be delayed and may allow a competitor to step in. It is often the case that your customers are unable to complete the purchase due to a number of considerations. It may be that they wish to spread the cost of the asset over its useful life; or perhaps they do not have the capacity for capital expenditure within their budgets; or, as is generally the case, they do not want to tie up vital cash reserves. Whatever the reason, we have the solution.
Benefits to your Customers:
- Retain vital cash reserves
- Acquire assets through revenue rather than capex budgets
- If cash is the limiting factor, they can upgrade to a preferred or better asset
- Spread the cost of acquisition over useful life of asset
- Leasing contracts may improve key financial indicators
Benefits to You:
- A monthly or quarterly rental may be more appealing than a daunting 'Day 1' investment.
- Cost benefits or savings through acquiring the goods are easier for your customer to appreciate if the costs are broken down monthly or quarterly.
- Opportunity to remarket your customer at the end of the finance agreement, when upgrading or replacing will be fresh in their mind.
- By offering your client the direct purchase or leasing route, you are giving them options rather than just a choice to buy.
- Additional sales to customers who cannot make a direct purchase
- Prompt provision of finance may stop the customer 'shopping around'
- Possible revenue from end of lease options (refer to Facilities - Fixed Term Lease)
- Better customer relationships
- Tighter ledger with direct payment for goods from a recognised financial institution immediately upon delivery or installation
Complete a contact form or call 0115 9849800 to find out how our experts can help you to secure the asset finance you need.
