A Vendor Finance Program is more than just a convenience for your customers...
It's a valuable sales and marketing tool.
Get on top of your competition
Today, 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.
We're on your side
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.
Benefits of a Vendor Finance Program
Innovative Finance Solutions the 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.
Increase Sales & 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.
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.
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.
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.
Why Customers are attracted to Vendor Finance Programs...
Predictable, low monthly payments
Reduced upfront costs and preservation of capital
Flexible pay structures
Ability to bundle transactions
Keep up with changes to technology
Potential accounting and tax advantages
To learn more, please contact our office for an informative discussion.
“I got 2 quotes for my new equipment. I couldn't believe how much Tattersalls could save me!”
— K. Worthington (Finance for Coffee Machine & Display Fridges)