Articles | The Time is Now for a Finance Wingman
This is the most opportune time for you to partner with a Financier; whether you’re a supplier of equipment that traditionally sells on a cash basis, or a commercial business needing to invest in new equipment during these unforeseen times of having lost over a month’s turnover – we all need a “ Finance Wingman”
Supplier Advantages to offering a finance solution:
- All clients will be looking more meticulously at current and future purchases.
- Offering your clients a variety of finance options will set you apart from the opposition.
- Timeous delivery of the chosen finance option is key as traditional banks are cumbersome!
- Payment holidays, deferred payments, skipped payments, seasonal payments, are all “another arrow in your quiver”.
- Having immediate financial sales support countrywide - no two deals are ever the same.
- Closing your sale now rather than having to wait until “everything gets back to normal”, or for your client’s new financial year.
Business Advantages to entertaining a finance solution:
- Your Budgets have been disrupted and you need to look at Financing options for critical projects.
- Priorities have changed, and you have had to invest in equipment you never anticipated a need for.
- The Sale and Lease back of newly acquired assets is a quick and easy way to inject cash back into the business.
- Re-Capitalization of unencumbered assets is a sure way of realizing hidden opportunities to boost cash flow.
- Having the opportunity and flexibility to align your finance repayments against your business cash flow.
- Access to a group of Professional Financiers countrywide without the call centre, ready to help you!
For more information on how we can become your Finance Wingman, email Mike Murray directly at MikeM@merchantwest.co.za