Finance your equipment sales

There are occasions where you find that you have made a sale, only for your customer to back out because their finance department have told them there is not the budget to meet the capital outlay or they do not wish to tie up valuable cash reserves. This is when presenting your customer with a trouble-free way to finance your equipment can close the sale.

This service, known as vendor finance, enables you to offer your equipment on a monthly or quarterly scheme to your customers, with you still obtaining the full upfront value of the sale.

By using vendor finance, you provide your customer not only with your goods, but also the finance with which to complete the purchase at no credit risk to yourself, and as you now handle all aspects of the transaction, the bond between you and your customer can be strengthened. An opportunity that would be missed if finance was attained through a third party.

No prior experience of financing is needed, we provide you with the tools and support you need to make quoting and administration as simple as possible. Enabling you to focus on selling your products.

In simple terms, you can enjoy increased sales and better customer retention without the need to take any credit risk.

Whether you are looking to finance a single transaction, or to put in place facilities for all future sales, The First Group can help turn that enquiry into a sale.

Apply now