HH Business Finance’s most successful route to market is via our vendor channel. Vendor finance is a great way for B2B equipment suppliers to offer flexible finance solutions to their customers. In doing so you can help support them by spreading their cash flow, enabling them to acquire the equipment they need through a range of affordable finance options. Selling on a rental is simple and is a proven method in how to increase sales for you, as well as a great way of putting your customer’s needs first.
The benefits to you as a Vendor
Increased Sales – leasing allows you to offer your customers an affordable, manageable rental to suit your customers needs. This offering could be the difference between you winning & losing opportunities.
Seamless Documentation – finance agreements can be completed via our e-sign functionality; ensuring everything is right first time and the process is slick and efficient.
Overcome Cost Objections – as opposed to a large capital outlay upfront, your customers will pay smaller, more management rentals over an agreed term.
Customer Retention – you can upgrade your customer at any time throughout the period of the lease, enabling you to upsell equipment and keep your customer away from the competition.
Fast Transactions – no need to chase payments, invoices are paid in full upon completion of relevant paperwork and installation of equipment, accelerating your cashflow and increasing profitability.
High Acceptance Rates – with our extensive panel of fully approved funders, we have greater scope to support your customer’s funding requirements
The benefits to youR CUSTOMER
No Upfront Costs - no deposit required, the initial rental is collected once all equipment is fully installed, enabling customers to retain capital within their business to drive profitability.
equipment needs - customers can purchase the best equipment for their business, not just the cheapest or when their budget allows.
Preserve exiting credit lines - leasing is a great alternative funding facility for customers, meaning bank loans and overdrafts can be used for more appropriate times.installation
fixed charges - all rentals are fixed amounts for the period of the lease, we see this as the safest way to lend money and is great for budgeting purposes.
upgrade opportunity - customers can upgrade their equipment at any point throughout the life-cycle of the lease, enabling them to stay up to date with the latest technology and stay ahead of their competition.
vat advantages - spread the cost of the VAT via the rentals as opposed to a lump sum on day one (excluding HP Agreements).