Equipment Leasing and Financing: A Product Sales and Business Profit Center Strategy

This book explains how companies that sell equipment and other products can increase product sales and add...
BD$48.11 BMD
BD$48.11 BMD
SKU: 9781637423370
Product Type: Books
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Author: Richard M. Contino
Format: Hardcover
Language: English
Subtotal: BD$48.11
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Equipment Leasing and Financing: A Product Sales and Business Profit Center Strategy by Contino, Richard M.

Equipment Leasing and Financing: A Product Sales and Business Profit Center Strategy

BD$48.11

Equipment Leasing and Financing: A Product Sales and Business Profit Center Strategy

BD$48.11
Author: Richard M. Contino
Format: Hardcover
Language: English
This book explains how companies that sell equipment and other products can increase product sales and add an additional profit center by establishing their own innovative leasing and financing operation.

Industry data shows that the need for equipment and other product financing has evolved over the past few decades to where now nine out of ten U.S. companies use leasing or other forms of third party financing to acquire the equipment or other products they need. For market-aggressive companies offering products for sale, having an available in-house customer product leasing and financing program as a product marketing strategy can dramatically increase their ability to close product sales.

In the past, establishing an in-house financing activity was difficult and expensive, requiring unique and substantial additional business operational and financing components in addition to an extensive learning curve. This is no longer the case. In recent years, there have been wide-spread market advances surrounding the financing of equipment and other products that enable forward-thinking companies to cost-effectively establish their own in-house product financing activity, using readily available, state-of the-art financing software programs, and third-party back-office services to manage any part of the financing process.

This book will provide a product vendor with the turnkey know how it needs to assess the viability of establishing an in-house equipment financing operation, as well as the various considerations needed to set up and run its own cost-effective and profitable product financing activity.



Author: Richard M. Contino
Publisher: Business Expert Press
Published: 11/08/2019
Pages: 220
Binding Type: Hardcover
Weight: 1.02lbs
Size: 9.00h x 6.00w x 0.56d
ISBN: 9781637423370

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