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Financing Solutions | Vendor Finance Programs

Supplier: Geared Asset Finance

Geared Asset Finance is a specialist Vendor Finance Partner for businesses supplying all equipment types. We provide finance solutions for your customers rather than them having to pay cash for your equipment.

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From the Vendors point of view - this is the same as a cash sale. Once finance is approved and documents have been signed with the client, you will receive full-payment for the supply of your products.

Geared has a wide-spread and longstanding portfolio of vendor partners who we have setup a finance program for so allowing them to successfully use finance as a sales aid tool and significantly improve their sales.

We have vendor programs in areas of:

  • IT and office equipment
  • Point of sale systems
  • Plant and equipment
  • Motor vehicles
  • Medical equipment
  • Agricultural equipment

The benefits of having a Vendor Finance Program include:

  • Break the cost of your equipment down to a daily or monthly rate. This is a good way of allowing the client to clearly see the cost and benefit of the equipment - per day
  • Provide an overall turn-key solution to your client in having a finance partner available
  • Possibly transform the cost of your equipment into an 'operating cost' through using a rental product
  • This means that you open up the clients’ potential spending budget to make it an easier decision to purchase. This reduces the need for capital expenditure
  • Speed up the sales-cycle by solving the client's problem of trying to pay for the equipment
  • Take the focus away from an invoice price and rather onto the monthly payment
  • Stay in control of your clients after the initial sale while keeping them for 'life'
  • Improve the overall profit margin on your sales
  • Use finance to secure your sale

The advantages of using finance for your clients include:

  • Preserves cash flow for other uses such as working capital
  • May provide significant tax benefits
  • Protects the clients current banking lines
  • Allows clients to obtain equipment when they need it
  • Payments can be structured to meet cash flow requirements

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