DO YOU SELL EQUIPMENT?

A VENDOR FINANCE PROGRAM IS MORE THAN JUST A CONVENIENCE FOR YOUR CUSTOMERS, IT IS A VALUABLE SALES AND MARKETING TOOL.

vendor financeToday, more than ever, manufacturers, distributors and dealers are turning to Vendor Finance Programs to stay ahead of their competition and capture the many benefits it has to offer. We have set new standards in tailoring innovative vendor finance solutions for manufacturers, distributors and dealers to facilitate the purchase of equipment for their customers. The typical funder or bank only want to lend a customer money when they can prove they don’t need it. At Tattersalls Finance, we are on your side. We understand that you sell equipment, not finance. Vendors don’t need to be experts in finance and the attention required is negligible. We work with you to develop practical and relevant finance solutions that will benefit you and your customers and we provide you with all the service and support you’ll need.

The Benefits Of A Tattersalls Finance Vendor Finance Program

INCREASE SALES AND MARGIN

By offering an alternative, highly tax effective payment method to your customers or even pricing goods on a monthly or weekly basis, takes the focus off the up-front price and belittles the cost. Consequently your equipment becomes more affordable without the need to discount.

CLOSE SALES QUICKLY

By solving the problem of how am I going to pay for this? Sales can be closed quicker. Additionally, the sales cycle can be shortened as financing provides an effective way to work around customers' capital budgeting restrictions by allowing them to pay out of operating budgets.

EFFICIENT CASH MANAGEMENT

Supplying goods on account becomes a thing of the past. No need for extended trading terms, and no more chasing bad debts. Every sale becomes a cash transaction and settlement happens on or near delivery.

CUSTOMER RELATIONSHIP MANAGEMENT

You've worked hard to get your customer in the door, now make sure you don't give them an excuse to leave. Create customer loyalty and defend your customer base against competitors who could steal your sale by offering a 'one-stop-shop.' Helpful and relevant financial solutions boost your attraction as a supplier, and closer customer contact gives you valuable information about the timing of your customers' investments in new plant and equipment.

INNOVATIVE FINANCING SOLUTIONS THAT DRIVE SALES

With Tattersalls Finance's dynamic and innovative product development, you have access to finance solutions that are continually evolving to drive sales. Importantly these are available through your Vendor Finance Program well before a Competitor and a Customers' Bank are capable of responding to them.

SECOND-HAND MARKET

You are informed of the second-hand market and can generate supplementary revenue by tapping into the market for second-hand equipment.

REDUCE THE COST AND ADMINISTRATIVE BURDEN OF MAINTAINING AN IN-HOUSE LEASING OPERATION

Some businesses are forced to maintain an in-house leasing operation to keep up with competition. A Tattersalls Finance Vendor Finance Program allows you to go back to focusing on your core business, while still delivering your customers the benefits of a vendor finance program.

Customers Are Attracted to Tattersalls Finance Vendor Finance Programs For The Following Benefits

  • Predictable, low monthly payments
  • Reduced upfront costs and preservation of capital
  • Convenience
  • Flexible pay structures
  • Ability to bundle transactions
  • Keep up with changes to technology
  • Potential accounting and tax advantages

Tattersalls Finance Vendor Finance Solutions

  • Customised financing structures and products
  • Standard Equipment Finance Loans
  • Retail financing for distributors/manufacturers
  • Discounting programs
  • Portfolio acquisitions
  • Refresh programs
  • Ownership programs
  • Channel financing
  • Managed services

Tattersalls Finance Service Offering For Marketing, Processing And Administering Your Vendor Finance Program

  • Presentations at sales meetings, training of sales staff
  • Point of Sale Marketing Material (with option for co-branding)
  • Individual sales-promotion campaigns
  • Joint customer visits, support at Trade Shows and Exhibitions
  • Information on client payment records on expiry of leases
  • Fast, low-cost processing via the latest IT Systems
  • Accounting, collection, and reporting services
  • Provision of qualified sales personnel