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Home > Solutions > Vendor finance programs

Geared Asset Finance is a specialist Vendor Finance Partner for Suppliers of all Equipment types. We finance 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.
How does a Vendor Finance Program work?
+ Geared Asset Finance will proactively become the vendors 'Out-sourced Finance Dept.'
+ We can quote and follow up on your clients, complete applications and documents, obtain credit approval and have you paid.
+ We can also implement a 'Point of Sale' finance process so that you can take control of the financing procedure.
+ All the necessary 'Tools' are provided to the Vendor - such as finance quote calculators.
+ All Sales-Staff are trained on the Finance features and process.
+ Online login Vendor Portal for client management
The advantages 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
How to get a Vendor Finance Program with Geared Asset Finance underway:
+ Please call us on phone 1300 828 567 or email info@gearedfinance.com.au
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