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Vendor Information
How Leasing Helps You Sell:
If your customers say they need more time to think about your sales proposal, maybe what they’re really saying is, "I want that equipment, but I don’t have the cash to buy it now." While they are saving up for that purchase maybe your competitor will offer them a leasing program that solves the problem and gets YOUR DEAL! Quoting a lease payment up front provides your customer with a manageable way to acquire your equipment now when they need it most. A Lease payment quote reduces “sticker shock” (when was the last time you saw a car ad that didn’t quote a lease payment?). Leasing gives your customer a financing solution that works with their budget! Leasing gives you another way to get your customer to YES, I’ll buy it, rather than NO, I need to think about it. Simply put, leasing helps you sell.
- Why leasing benefits your customers:
- Frees up working capital and offers 100% fixed rate financing-Keeps credit lines accessible for short term business needs
- Protects against inflation and obsolescence
- Works on tight budgets –minimal cash outlay plus modest payments enable leasing to work in any budget. Flexible payments match cash flow requirements.
- Tax benefits –lease payments may be 100% tax deductible as a business expense.
- How the lease process works:
- Lease Quote presented to customer; they decide to lease your equipment.
- Customer completes the Peninsular Leasing credit application which is then faxed back to our office for approval.
- Once approval obtained; lease terms confirmed along with the price and description of the equipment and lease papers are drawn up for signature.
- Lease papers fully executed by customer and advance lease payment check from customer provided to Peninsular Leasing.
- Equipment delivery and installation made to customer’s satisfaction. You provide Peninsular Leasing with an invoice for the leased equipment.
- Funding check is delivered to you.
- How we can help you:
- Call us, and we can prepare a lease quote for your customer
- We will also meet with your customer to discuss leasing, obtain the necessary credit information to process the lease application, and entertain any questions they have about our leasing programs
When your customer’s lease is done, you’ll have a ready made chance to update their equipment and build another sale. If they want to lease again, we can help expedite that process as well.
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