We’ve all been there: you’ve sold something and in the end the customer doesn’t pay. The result is annoying reminders and anxious hopes that the customer will pay after all. Imagine if you no longer had to write reminders and always received your money safely. Does that sound too good to be true? Not at all, because with the right sales strategy, writing reminders is a thing of the past.
Can the customer pay or not?
When you sell one of your products to a new customer whose payment history you do not yet know, there is always the uncertainty of whether or not the customer will ultimately pay the invoice. Of course, you can obtain a credit check for your business customer beforehand, but this takes time. It is also no 100% guarantee that they will pay in the end. And so you may end up having to write reminders again to collect the money. A lengthy process that costs time and nerves.
No more reminders and still get the money
But there is a way to avoid having to write reminders and still get your money safely: Simply sell your product via a financing partner. You will be credited the sales price directly by the financing partner and do not have to worry about the customer’s payment history. The financing partner takes over this task. The money is credited to your account immediately and the sale is completed for you. What happens afterwards and whether the customer ultimately pays or not is no longer of interest to you.
You can concentrate on selling
This means you can concentrate fully on selling and not waste time with credit checks, writing reminders or other steps. Selling a product is no longer associated with the risk of making losses due to non-paying customers. By selling your items through a financing partner, you can not only enjoy secure proceeds, but also benefit from other advantages. Sales financing enables you to increase your turnover through upselling and cross-selling. Even business customers who do not have excellent liquidity can buy your products, as you can offer them in manageable installments instead of quoting the full retail price.
No more reminders, but secure revenues
With sales financing, writing reminders is a thing of the past. If you work in B2B sales, this is the solution for you. You are sure to get your money for the products you sell, without any payment defaults, and you can also increase your turnover because you have more time for sales and can offer additional services as an attractive upsell or cross-sell. Find out more about the advantages of sales financing here.
We are happy to advise you
As experts in financing, we will be happy to advise you without obligation on how you can use sales financing and leasing to secure revenue and increase your turnover. Talk to us. We will also be happy to call you back.
