View Poll Results: How familiar are you with Equipment Financing & Leasing
- Voters
- 6. You may not vote on this poll
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Very Familiar
3 50.00% -
Familiar
1 16.67% -
Somewhat Familiar
0 0% -
Not Familiar At all
2 33.33%
Results 1 to 1 of 1
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03-28-2016, 12:12 PM #1
Clearly there is a need for Equipment Financing & Leasing for your clients.
Last week I posted that we provide Equipment Financing & Leasing. We received a ton of feed back from partners that signed up with us that instantly said "I have this deal". That was the exact response we were expecting as this program is absolutely necessary to have in your tool belt. However a lot of partners don't know the full vision and how profitable this type of program can be. Let me break it down for you:
1. Providing a program with traditional repayment terms, rates, and overall structure. While still getting the same commission as working capital.
A. Building a better reputation for your company as you are not looked at as a "hard money lender"
B. You are able to capture the client from all ends. Not only are you able to build a portfolio of your advance clients but you are able to cross-sell your clients into your equipment financing & leasing product, and vice-versa.
C. You are a one stop shop for all financing needs.
2. Building out your Vendor Portfolio.
A. Not only are you able to capture the direct client, you are able to build out a portfolio of Vendors. Think about this example:
You are working with a client that has a gym. They are looking to open a new location in a couple towns over. They send over application along with a Quote from ABC Fitness Equipment LLC. Then from there, after submitting to Everlasting Capital to receive an offer within 4 business hours, you call ABC to see if they currently have a equipment financing and leasing program in place. If they do, figure out how their experience is and start to learn their pain points. If not, then it is your job to position why it would be beneficial to work with you. The main reason would be to increase their sales by selling more fitness equipment because the client can obtain financing.
B. Setting Up Vendor Application Links
Everlasting Capital will work with you to put up application links on your vendors websites so that you can have another form of application flow.
As you can tell there is a lot of exposure being able to offer equipment financing & leasing for the main effort of not only helping your current and upcoming clients, but increasing your revenue.
Please call 888 777 8144 or email ISO@everlastingcapital.com to speak to one of our Partner Development Reps.Last edited by jfeinberg; 03-28-2016 at 12:51 PM.
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