Vendor Finance

Close Leasing is the chosen partner to offer point of sale finance solutions to the customers of many of the country’s largest equipment suppliers.
The equipment suppliers we work with span a wide range of industry sectors including, Telecoms, IT, Access platforms, Construction, Agriculture, Engineering and Transport.
We are often closely aligned with the vendor’s sales force to assist them in securing a sale, through the use of tailored finance solutions.
However we also work alongside other lessors that may run a primary vendor finance partnership, yet require a secondary funding partner to spread risk exposure and ultimately provide a more comprehensive service to the vendor partner.
In either case, the combination of our structuring expertise, flexibility and ability to provide extremely quick credit decisions all serves to provide an exemplary service to our vendor partners who in turn enable them to secure more sales and increase profitability.
There are many benefits to a vendor proactively using finance as a sales tool. These include:
Product differentiation through financial structuring

Can move negotiation away from cash price
Can include installation , maintenance and other services to enhance profit
Improved customer control
Improved DSO & cash flow
Reduced customer credit risk
Improves future reporting allowing for targeted “churn / upgrade” sales
Ultimately drives incremental sales and improves profit margins