Electric vehicles are becoming increasingly popular in the UK as we become more aware of the impact of burning fossil fuels and look for more cost-effective ways to get from A to B. You want to show that you are at the forefront of innovation as the market grows and offering lease finance to your customers through Tower Leasing could be the way to do this. Here are the top reasons why offering electric vehicle charging finance could benefit you.
Customers researching electric vehicle charging points will be wary of the risks associated with buying a charging point outright, especially as the technology is so new and electric vehicles are still the minority on the road. Having a lease finance option means that budget strains become less of a concern, making your products more achievable and attractive to customers from any background. This means that you can appeal to a wider audience and are more likely to see profits as the financial risk for your customers is mitigated.
Retain customer relationships
By offering lease finance, you enter into a contract of 3 or 5 years with your customers. This gives you a wider timescale to build a relationship with the customer, gaining their trust and developing a meaningful connection for further profits. This keeps the competition away and increases your likelihood of securing another sale and an even longer relationship when their contract is coming to an end, especially when you can offer upgraded equipment.
With a more accessible payment option, you are demonstrating to your customers that you are a flexible business with options to suit anyone. Whether they are looking to install a charger at their workplace or to add multiple at a managed car park for increased revenue, they will feel more inclined to opt for the business that appears to understand their needs. Having low start repayment options, for example, can show that you intend to make electric vehicles accessible to everyone and empowers the customer to feel less trapped by a large fixed cash quote.
Offering electric vehicle charging finance – find out more
In 2014, we were one of the first companies to finance EV chargers and we have gained valuable experience about your industry. Coupling this experience with our knowledge of our own sector, we can provide a service that is tailored to you and remove any confusion you may have. Whether we are providing finance to the public or commercial sector, brand new start entities or established organisations, we are here to guide and support you every step of the way.
Read about our electric vehicle charging finance solutions and the benefits of partnering with us to offer EV charging finance to your customers.
Please get in touch if you would like to discuss how we can help you offer EV charging finance to your customers.