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Loading... What is Vendor?
A vendor can be a supplier, dealer and/or manufacturer of any type of equipment and subsequently is in an ideal position to offer many referrals for finance. With over half of all vendor’s clients requiring commercial finance to purchase their products, offering in-house finance is an option. However, this is not always possible due the cost of running a finance division and/or having the necessary expertise. Most small to medium sized businesses require finance services through banks or brokers and have relied on dealing with the banks direct. However, due to the inefficient service offered by the banks, this often costs the supplier the sale. As we act as an agent for all leading banks, the solution for a vendor is to use our service that ultimately ensures that settlement takes place within a 24 – 48 hour period. Effectively the broker becomes the service arm of the financier who can in turn look after all their finance requirements for the vendor. Offering your client the best possible rate and service will help maximise the sale.
What products and services can we offer Vendors?
All products and services are available to Vendors. With the ability to ‘shop around’ for the best possible rate, vendors receive an exceptional service and rate for their clients with a fast application to approval usually within 24 hours. We can offer ‘badged’ or ‘branded’ applications and contracts. This means the vendor can reinforce their company profile and ensure repeat business. Obviously time is of the essence and with our online application forms, vendors can easily fill in client information and e-mail it directly to Multilease.
This allows us to substantially cut down the time required to process applications and ultimately arrange documentation and settlement much faster. Multilease also offers training to the vendor’s staff. This again gives the image of a totally professional company. Product information for leasing is available to the Vendor through Vendor Kits or information that can be accessed via the Multilease website.
