Why offer leasing?
It's simple: for
your customer, leasing can be more cost-effective than buying with cash, or
with conventional loans - especially if the new equipment can help increase
sales or profits on an incremental basis relative to the monthly payment. In essence, the equipment pays for
itself. By offering leasing as another
method of payment, you are offering your customer:
ü One Stop Shopping – This allows you to control the sale. There is no need for your sale to be delayed or lost while your customer looks for financing.
ü Convenience and Flexibility – Many different payment structures including one to five year terms, seasonal payments or step payments so they can pay for the equipment at a pace comfortable to them.
ü Professional and Personal Service – CFC is a full service independent leasing company that will provide you with outstanding personal service in completion of the application, document signing, and prompt payment.
ü 100% Financing – Soft costs (i.e. training, warranties, installation, and software) can be financed
In addition, there are many advantages to you, including:
ü Creating Additional Sales Volume – Financing is simply another way of completing a cash sale to your customer.
ü Maintain Higher Profit Margins – Increases in cash prices only marginally affect monthly payments.
ü Overcome the Customer’s Financial Objections - By quoting a monthly payment, total dollar cost will not be a major objection.
ü Prompt Payment – On closed transactions, you will be paid in full upon delivery and acceptance of the equipment; there are not “Net 30” terms.