Vendor Finance

What’s in it for your clients?

Leasing is a highly cost effective way of securing the products they want:

  • Low monthly or quarterly payments
  • Payments are offset against tax
  • Easier to budget
  • Existing credit facilities left untouched

What’s in it for a supplier?

More sales…you’re offering a way for your clients to get what they need without having to wait for elusive lump sums to be available

11123538363_07bb05134a_bWe liaise with your clients and confirm in writing to you that a finance facility is in place.

You can then safely deliver your product knowing that you will be paid within just a few days. No more late payers with leasing!

We take care of all the paperwork with your client; you just need to raise your invoice.

It is easier for you to offer upgrades or new products in the future and easier for your client to say “Yes!”

Is Vendor Finance for you?

Do you supply business to business products?

Would you like to make it easier for your clients to buy your products?

We can provide indicative rates for you to insert in your proposal. Monthly payments are much easier to find rather than a large cash amount.

Prime Business Finance works with suppliers to organise funding for their clients.

We already organise funding for clients of these different businesses

  • Software
  • Telecoms
  • Hand-held computers
  • IT Networks and PCs
  • Printers
  • Photocopiers
  • Document Scanners
  • Engineering machinery
  • Agricultural machinery
  • Security doors

How does it work?

  1. Your client agrees to your proposal but wants to spread the payments.
  2. You ask their permission to pass their name and contact number to Prime Business Finance.
  3. We contact them and gain the necessary information to present to our lenders.
  4. We submit the information to our lenders in order to secure a funding facility.
  5. When we have approval we notify you and your client.
  6. We (or you if you prefer) organise the documentation for the funding facility and once it is signed, submit it to the lender.
  7. You are now safe to deliver your product(s).
  8. The lender checks that the client is satisfied that the product(s) have been delivered as specified.
  9. And finally – you are paid within a week of delivery!