As an equipment vendor, providing your customers with what they need is important – like accessibility and financing options. In many cases, equipment vendors need a partner to help provide these. But how can you ensure your partnering with the right financing company for your business, and for your many customers? Here are a few tips on what to consider when weighing your options.

History and Experience

Selecting a financing company that works in the equipment vendor space, and that has experience in your particular industry is a great place to start. Many financial companies have programs specifically designed for vendors. Plus, they may have a variety of tools and technologies that can help you close more deals and provide better customer service. Take a look at previous customer reviews completed by equipment vendors to check out what other customers have to say about working with that financial partner.

Rapid Processing

Your customers don’t want to wait for a credit decision after they submit their finance applications. To combat this, many lenders can provide web-based applications and back-end platforms that assist with the custom-tailored scoring technology you and your customer need. Manual paperwork is reduced and any credit-related issues can be identified and rectified sooner, increasing the chances of your customers obtaining necessary financing. Gather info at GSG Capital at www.gsgcapitalllc.com or info@gsgcapitalllc.com