What is Vendor?
A vendor can be a supplier, dealer and/or manufacturer of any type
of equipment and subsequently is in an ideal position to offer many
referrals for finance. With over half of all vendor’s clients
requiring commercial finance to purchase their products, offering
in-house finance is an option. However, this is not always possible
due the cost of running a finance division and/or having the necessary
expertise. Most small to medium sized businesses require finance services
through banks or brokers and have relied on dealing with the banks
direct. However, due to the inefficient service offered by the banks,
this often costs the supplier the sale. As we act as an agent for
all leading banks, the solution for a vendor is to use our service
that ultimately ensures that settlement takes place within a 24 –
48 hour period. Effectively the broker becomes the service arm of
the financier who can in turn look after all their finance requirements
for the vendor. Offering your client the best possible rate and service
will help maximise the sale.
What products and services can we offer Vendors?
All products and services are available to Vendors. With the ability
to ‘shop around’ for the best possible rate, vendors receive
an exceptional service and rate for their clients with a fast application
to approval usually within 24 hours. We can offer ‘badged’
or ‘branded’ applications and contracts. This means the
vendor can reinforce their company profile and ensure repeat business.
Obviously time is of the essence and with our online application forms,
vendors can easily fill in client information and e-mail it directly
to Multilease.
This allows us to substantially cut down the time required to process
applications and ultimately arrange documentation and settlement much
faster. Multilease also offers training to the vendor’s staff.
This again gives the image of a totally professional company. Product
information for leasing is available to the Vendor through Vendor
Kits or information that can be accessed via the Multilease website.
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