Top Benefits of equipal for Equipment Vendors
by Iraz Akkusequipal works to make financing your equipment sales fast, fair and affordable. Here are just a few reasons why, as an equipment vendor, you can benefit from joining the equipal network by ensuring your kit is can be acquired by as many prospective customers as possible.
Quick Payment Turnaround and Pricing Tools
Once you’re a registered vendor, our automated, digital platform allows you to execute quicker sales on finance with a standard pay-out time of 30 minutes from finance acceptance to funds paid. We focus on finding the fastest route for you to sell more in less time.
We have tools built-in to our platform that support making your equipment ready to be financed as smooth as possible. For example, as a registered vendor you also have access to our express pricing tool, AssetBolt, this allows you to send instant quotes to your customers and lock-in a price for 30 days. Once the customer agrees on this price you have an automated finance request that takes you straight through our platform and kick starts the sale process. Everything is smooth, easy and, importantly, quick.
Here is a quick tutorial: Asset Bolt 1 Min Introduction
Straightforward and Easy-to-Use
Our digital platform is designed for the user’s ease, with clear, intuitive dashboards to make sure everything you and the Customer does is straightforward and simple. We keep information and distractions to a minimum. Each step of the process is graphically mapped out and our platform drives real time notifications so you, as the equipment salesperson, can track the progress of your customers’ finance request and payout online – cutting out the sluggish back-and-forth that high-street banks rely on.
As one of our vendors put it:
“equipal has a Great platform – it has become a serious asset for our sales department. As a small company, this allows great organisation of multiple equipment sales quotes in one place.”
Blair Hammond, General Manager Dark Arts Coffee
On the off chance you are unsure of what to do, our responsive intercom is open through all working hours putting you in touch with a real team member who can guide you through any queries. Unlike many fintechs, our digital platform does not mean we compromise on giving full, human support to our vendors and customers. there is always an account owner who can be contacted with (or without!) tea and biscuits!
Fewer Roadblocks, More Solutions
Unlike many traditional lenders, at equipal we try, where possible, not to demand personal guarantees. Instead we seek to structure our finance so we are fully secured on the asset and excess balance with support from clear customer affordability. This removes a notorious point of friction which can slow the sale process down and builds goodwill with both equipment salesperson and vendor.
We also have a Solutions Guarantee, which means on the the rare occasion we cannot provide funding, we provide assistance to customers and make introductions to ensure they are supported.
Growing Network of Customers
After completing a vendor profile your business and equipment appears in our equipment marketplace of 3600+ people, making it easier for our expanding network of customers to find your company and appreciate the equipment you sell. By using equipal’s free discovery tool, you are not only creating more brand exposure for your firm and bolstering brand awareness, but you are driving free leads, with a fully embedded finance offer in place to support the sale.
By setting up your profile, you enable a faster turn around time on finance, as much of the information needed on you, as vendor, and on your equipment, such as filling in the price and model name, has already been input into our automated platform. This means arduous repetition tasks are eliminated – fast and faff-free finance, for you to sell your kit and for your customers to achieve more.
If you’re looking to make finance fast and drive more awareness to your kit then equipal is the right solution for you. If you are not already registered please click here or set up a quick call with either Max O’Shea (07496 866818) or Eamonn McMahon (07947 540798)