WHAT IS VENDOR FINANCE?
Vendor finance is a division of asset finance specifically tailored to businesses that sell vehicles, machinery, and equipment to other businesses. Vendor finance provides a facility for businesses to offer affordable asset finance to their customers.
WHO DO WE WORK WITH?
With vendor finance, we work with sellers and re-sellers of equipment to provide access to highly competitive asset finance solutions to their customers and facilitate their sales.
BENEFITS OF VENDOR FINANCE
As well as supporting your customers we can also help your business with a range of services designed to help your business grow.
- Support your customers
- Overcome buying objections
- Protect your margins
- Increase your sales
- Get paid fully on delivery/installation
- Earn commission
Need help? Call us on 0191 410 4776
How does Vendor Finance work?
Businesses who are looking to purchase equipment or machinery will rarely pay cash for their purchases, preferring to purchase assets using some sort of finance.
No matter what asset your customer is looking for, we can help. As experts in commercial finance, we’re committed to
providing your customer with the right solution that works with their current financial situation.
What can be financed through Vendor Finance?
If you manufacture or sell equipment that businesses use, it can be financed. This includes;
- Forklift trucks
- Machinery components
- Factory equipment
- Farming equipment
- Solar Panels, Heat pumps or Wind turbines
- And many, many more
Choose the asset
Begin by helping your customer identify the asset they require.
Talk to us
Tell us about the asset(s), and pass on your customer’s contact details.
We find the best deal
We will then contact the customer and reach out to our panel of lenders to find the best deal.
Approval and Payment
Once approved, your customer will receive their documents to sign, and we’ll arrange for payment to be made.
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