Equipment Leasing and Financing: A Product Sales and Business Profit Center Strategy
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Description
This book explains how companies that sell equipment and other products can increase product sales and add an additional profit center by establishing their own innovative leasing and financing operation.Industry data shows that the need for equipment and other product financing has evolved over the past few decades to where now nine out of ten U.S. companies use leasing or other forms of third party financing to acquire the equipment or other products they need. For market-aggressive companies offering products for sale, having an available in-house customer product leasing and financing program as a product marketing strategy can dramatically increase their ability to close product sales.In the past, establishing an in-house financing activity was difficult and expensive, requiring unique and substantial additional business operational and financing components in addition to an extensive learning curve. This is no longer the case. In recent years, there have been wide- spread market advances surrounding the financing of equipment and other products that enable forward-thinking companies to cost-effectively establish their own in-house product financing activity, using readily available, state- of the-art financing software programs, and third-party back-office services to manage any part of the financing process.This book will provide a product vendor with the turnkey know how it needs to assess the viability of establishing an in-house equipment financing operation, as well as the various considerations needed to set up and run its own cost-effective and profitable product financing activity. Read more
Publisher : Business Expert Press (November 8, 2019)
Language : English
Hardcover : 220 pages
ISBN-10 : 1637423373
ISBN-13 : 70
Item Weight : 1.02 pounds
Dimensions : 6 x 0.56 x 9 inches
Best Sellers Rank: #1,460,882 in Books (See Top 100 in Books) #1,904 in Real Estate Investments (Books) #3,617 in Business Law (Books) #6,440 in Finance (Books)
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- Klarna Financing
- Affirm Pay in 4
- Affirm Financing
- Afterpay Financing
- PayTomorrow Financing
- Financing through Apple Pay
Learn more about financing & leasing here.
