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.
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
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
Geared Asset Finance | Asset Financing Solutions
Geared Asset Finance was established in 2008 as an independent finance company providing its own lending facilities in addition to those of the major banks and alternate finance companies.
This allows us to provide a full finance offering and deliver a comprehensive funding solution that no single finance company can offer. We take the stress and pain out of finance by relieving you of the confusion and complications of dealing with finance providers giving you the best of what the industry has to offer.
We are a vibrant and dedicated group of finance professionals who will work with you to achieve your desired business results. We take meticulous care with everything that we do to ensure that you have one less worry so that you can go about your growing business.