The problem with most of them, however, is that they could do a much better job and add a lot more value.
Let me explain.
The objective of a vendor program is to put your customer in direct contact with a leasing company that is prepared to finance the type of asset they are trying to acquire with the customer’s financing profile.
In most cases, this does not happen for a number of reasons. Here are just a few:
Note: The only way to have the best sources for your customer is to work with a leasing broker who has access to not only the best programs, but also “B” and “C” credit lenders so regardless of what the customers financial and credit profile looks like, there is a good chance they will get financing and you’ll close the sale.
Note: The only way to get the best service possible is to be working with a leasing broker with the knowledge, experience, AND capacity to deal with your customers in a timely fashion.
If you have a vendor financing program in place or are considering getting one, then we strongly recommend that you give us a call so we can properly assess your business requirements and provide vendor program recommendations for your consideration.
Especially for existing vendor programs, you owe it to yourself and your customer to have someone else review what’s being offered. If there is an opportunity to improve upon the vendor program in place, the changes made will likely lead to additional sales, increased customer satisfaction, and greater potential for more repeat business.
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