Why Manufacturers Offer Financing

Dealers and manufacturers that offer financing simply sell more. Regardless the equipment produced or carried offering financing is the best way to get results. Not sure if financing is right for you? Click below to learn about the many benefits you’ll experience.

BUILD LASTING RELATIONSHIPS AND BRAND LOYALTY WITH DEALERS

Inventory floor planning gives Dealers direct access to additional financing for your equipment. Offering an inventory finance plan shifts the focus from an overwhelming investment to a simple and manageable payment option as your Dealer sells your equipment. Private-label financing is a great way to build your brand and add value to your offering. Simply put: you sell more equipment.

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REDUCE BUYING FRICTION

Many equipment manufacturers agree that their growing Dealer network exceeds their internal credit departments’ lending limits from time to time. By offering an Inventory floor plan, manufacturers easily expand their Dealers’ equipment purchasing power. Inventory financing works in conjunction with your credit department to make Dealers more comfortable with the buying process, and it makes you more attractive to new Dealers. Dealers are more confident and inclined to purchase larger quantities of your equipment when they have access to more financing.

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COMPETITIVE MARKET DIFFERENTIATOR

The most leverage a manufacturer has is making it easy for dealers to obtain equipment. The industrial landscape is getting more competitive as manufacturers vie for their piece of the pie. Make it easy on yourself and give Dealers what they want – when they want it. The fastest way to grow your business is to make it simple for them to buy from you.

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IMPROVE EFFICIENCY ACROSS THE SALES CYCLE

Offering attractive floor planning terms on specific inventory models, or seasonal models will increase your sales while solving potential inventory problems. You give the Dealer an opportunity to place a large equipment order and the additional time to sell your equipment.

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