For an SME, it can be a daunting prospect to consider customer finance packages. You may think that allowing customers to purchase your products using finance is a passport to a headache, but the truth is actually completely the opposite; there are many benefits. Here are 3 reasons your small business should offer customer finance packages,
Wider customer appeal
There will always be customers who want to buy your products but can’t afford to. As a startup, you want to make sure as many people as possible can purchase what you have to offer because it allows you to develop a more secure cash flow in a shorter space of time.
It also engenders a great deal of customer appreciation in your brand. A customer is more likely to be loyal to a business which has been able to offer them a more affordable way to purchase something they really wanted or needed, which benefits you in the long run.
Better business perception
Finance is something only big companies offer, right? That’s the common perception, at least. The reality is quite different; even if you’re the only person working in your business, you can work with Tower Leasing to offer your customers excellent packages.
The perception, however, is of a business that’s making a mark on the marketplace and enjoying a great deal of success. Customers are more likely to do business with brands they feel have a degree of experience, and offering finance packages will allow you to bypass that perception of new business uncertainty.
Easy set up
Another key benefit to consider is the fact that, in reality, you won’t have to do anything at all if you work with an experienced and well-regarded finance company. You enter into an arrangement with them and then they will do all of the heavy lifting to develop and implement your finance packages.
It’s a really beneficial service all businesses should consider, with all the tools and paperwork you need, there’s no time spent working out repayment terms, there’s no need to spend hours chasing up clients who haven’t paid on time – all you need to do is focus on building your business the way you want to build it!
Customer finance packages – where to find out more
If you’d like to talk to us about offering customer finance packages, please get in touch.
Or you can read more about offering customer finance packages on our website.