As a vendor, you will increase your sales and profitability by closing deals with quick turn around time and easy financing approval. What you need is a financing company that will partner with you to provide customer truck lease financing and financing for purchases. How you run your business is up to you. These resources can be in the forefront and work directly with your customers or take a back seat and let you deal with your customers to get them the financing needed to close the deal. You will be able to offer great rates to customers and grow your own business in the process.
Truck financing programs include all Class 7, all Class 8 and all medium duty trucks. Commercial trailer financing includes goose-neck, flat beds, dump trucks and car haulers. Financing can also be provided for school buses, limousines, cement mixers, tow trucks and snow plows. Small businesses as well as larger ones will be coming to you for all their truck purchases and leasing programs when you partner with a company that has many years experience in truck financing. Terms can go from 24 to 60 months.
Lease financing has its advantages for small businesses as it does not tie up large amounts of capital. The monthly lease payment is what shows up on company financial reports rather than the debt for the purchase price of the equipment. This helps small business assets and liabilities line up better and frees up cash flow for operations on a day-to-day basis. Lease payments are also totally tax deductible for a business because they fall into the operational expenditure category. Leasing also helps businesses get the equipment they need to compete with bidders for bigger and better projects without risking too much.
Vendors that can get people into the trucks they need to conduct business quickly and efficiently with good financing will improve their business and see their sales grow. Partner with a company that can offer you the backing to make more deals when it comes to truck purchases and leases. Your customers will be happy, you will be happy and the financing company will be happy.