Showing posts with label financing. Show all posts
Showing posts with label financing. Show all posts

Tuesday, February 21, 2017

10 Reasons to Offer Financing to Your Customers

Are you offering financing to your clients? If not, here are some reasons you should consider it:

  1. Improve company cash flow
  2. Increase customer loyalty
    • Create a relationship with customers and create future sales opportunities
  3. Increase deal size
    • Research shows that when you offere financing, deals can be up to 34% larger (Yankee Group 2008)
  4. Close more deals, faster
    • Financing helps to make the deal easier
  5. Your customers expect it!
    • In a survery, 50% of customers said they expect financing options to be part of the proposal.
  6. Close a more profitable deal for your business
  7. Improve your personal sales performance
    • Stand out in the industry! 
  8. Overcome customer objections
    • Help customers overcome budgetary restraints
  9. Stay ahead of your competitors
  10. Help your customers preserve cash and lower overall Total Cost of Ownership (TCO)
    • By offering regular and predicable payments and spreading it out over time, you are helping your customers take control of their expenditures and budget.