Vendors: Increase Sales with Leasing
Are you keeping up with the times by offering equipment leasing to your customers? For more and more businesses these days leasing is viewed as the bright choice.
By offering a lease program you can assist your customers in obtaining the equipment they need now and overcome obstacles that could cost you the sale. Here are some typical sales objections and the reasons why leasing overcomes these objections:
"I can't afford it!"
Leasing offers immediate use of equipment with zero down and low, fixed monthly payments.
"Shouldn't I own the equipment?"
Advise your customer that it is the use of equipment that generates profits, not ownership.
"I don't want to pay interest charges."
When you examine what a lease really is, there really are no interest charges. A lease is a fixed payment for a specific period for the use of an asset. Are they leasing office space? What is the interest rate? None, of course!
Isn't applying for a lease complicated for my customer?
Not at all. In fact, where a bank or conventional lender would require financial statements and mounds of paperwork, most leases can be approved up to $75,000 with just a one-page lease application.
How do I start to offer lease financing to my customers?
It's really quite simple. Call us for a Vendor Package, which includes the following:
We recommend that every time you talk pricing to a customer that you also advise them that leasing is available. When quoting a price, either verbally or in writing, you can also quote them a monthly payment amount. Remember, "small payments sell big".
Just point your customer to this web site and they can obtain a lease quote and apply right on line. You can even put a link on your company's web site directly to ours.
If you prefer, we could fax the customer a lease quote and application. Just let us know the contact information and the total cost of the equipment and we will forward a quote to the customer.
When a completed lease application is received we can respond with a decision within 48 hours and funding is prompt too. A check for the equipment cost is sent to you (via overnight delivery) the same day that your customer accepts the equipment.
Stop losing sales - contact us today.
First Option Capital offers vendors fast and easy captive funding solutions to maximize customer satisfaction. Customize solutions for the unique characteristics of your industry. We are the fastest, most effective solution in the nationwide small & middle ticket lease market with access to 3 billion in commercial capital. Our financing programs will help your business sell more equipment.
- Progress Pay
- Custom applications and marketing information
- Investment partnerships for business development
- Dedicated, professional account managers
- Fast & efficient credit/administrative support
- Flexible billing & portfolio management
- Equipment upgrade options
First Option Capital has the resources and experience to help you develop a turnkey finance program committed building long term relationships. Provide unique financing solutions and win more customers!