As a retailer or manufacturer, you can easily increase your turnover with sales financing. If you offer this type of financing, you can sell more products to more people. In this article, we explain exactly how this works and what other advantages sales financing offers.
What exactly is sales financing?
Sales financing, also known as small-ticket leasing, is, in short, selling in installments. As a retailer or manufacturer, you offer your customers this installment purchase directly on site. This means that even customers with low equity can buy expensive products.
Your customers can sign the purchase contract immediately without any detours. This saves them having to go to their bank or a credit institution to organize financing themselves.
How do you increase sales with sales financing?
If you offer your customers sales financing, this lowers the purchase threshold and more customers buy your products more quickly. This is because the installments offered make even expensive products affordable. Even if your customers do not have a lot of equity.
As a result, your products suddenly become attractive to a whole new target group and you gain new customers. You can also use cross-selling and upselling to sell additional products and services, which you can simply include in the rates.
You can find more tips on increasing sales here.
Offer uncomplicated financing as a retailer or manufacturer
Offering your customers sales financing is easier than you think. With the help of a leasing broker, you can put together a suitable package. This usually includes various financing partners, such as leasing companies, banks or credit institutions, which are tailored to your products and customers.
Thanks to this selection of partners, you can easily sell expensive products in particular – no matter how different your customers are. In most cases, you will receive approval for financing within a few minutes so that you can confirm the financing to your customer directly during the sales meeting and close the sale at the same time.
You can read about the other advantages and sales-promoting and sales-increasing effects of this type of financing here.
Let us advise you
If you have any questions about sales financing and would like to offer your customers financing, please contact us. We are an independent leasing broker and will be happy to advise you without obligation. We will find a tailor-made sales financing solution for your company and your customers.