According to surveys of small business IT managers:
- 93% of small businesses prioritize costs over the best IT solutions. As a result, 89% experience IT problems.
- Insufficient capital and lack of cash reserves are leading causes of business failure. During economic downturns, banks raise requirements, making capital difficult for many businesses to obtain. The article advises businesses to maintain enough cash reserves to withstand market downturns and slow seasons.
- Leasing equipment can help businesses by providing higher quality products while keeping cash on hand and avoiding using credit lines or tying up funds, allowing them to purchase more and strengthen customer relationships.
2. Insufficient capital and lack of cash reserve
top the list of why businesses fail.
Banks raise their requirements during economic downturns and
capital becomes a problem for many businesses.
“ Make sure you protect your investment and keep enough
reserve cash to carry you through market downtrends and seasonal slowness.”
D&B Why do many Small Business Fail?
3. According to a recent HP survey of more
than 500 IT managers at small
businesses across the United States:
93% of companies have placed cost
Concerns over the best IT solutions,
Leading 89% of those companies to
Experience IT-related problems.
-Business Wire
4. Solve Customer Problems
Build Lasting Relationships
Leasing alleviates the financial stress that is
plaguing businesses in today's marketplace
and allows them to:
• Purchase Higher Quality Products
• Keep Cash on Hand
• Not Tie Up Credit Lines
• Deduct 100% of Payments
5.
6. Micro Ticket
Instant Credit Approval
•Instantly Approve Deals from $500 -$25,000
•Approve over $25,000 in a few hours
•Approve Start Ups and A-D Credit Scores
Maximize Profitability
•Eliminate Credit Card Processing Fees
•Leasing Allows Customers to Afford More
Your Finance Department
•Service Customers as Your Finance Department
•Private Label Interface on Online Application
•Risk Adjusted for Customers with Higher Credit
7. Second Chance
•All previous turndowns qualify
•All credit types considered
•No deal too small or too big
•If we can’t get it done nobody can
8. LeaseStation System
• Point of Sale Credit Approval
• Direct Sales
• Web Sales 24/7
• Instant Documentation System
• Automated Access to Multiple Lenders
• Easily Organize and Track Your Financing
9. Increase Revenue Now
• Eliminate Credit Card Processing Fees
• Increase Ticket Size
• Convert Net 30 Receivables to a Lease
10. Solve Cash Flow Problems with Net 30 Conversion
Currently: Wait 30 Days for Customer to Pay and they still can’t pay in time!
Net 45, Net 60, Net 90 . . .
Cost of Collection Process
Send Customer to Collection
Lose the Customer
Net 30 Conversion with LeaseStation
Get Paid in Full
Offer Affordable Monthly Payments
Keep Customer Lines Open for Higher GP Business
11. How it Works
Eligible Accounts: Any up to 90 days DSO
– Process is automated through the LeaseStation™ system
– We pay you 1% on the gross amount of each converted transaction
– LeaseStation equips your collectors with a link that allows delinquent
customers to automatically get approved for a lease (min of $2k).
– Customers send the documents back to LeaseStation and we fund you.
Editor's Notes
With our Net 30 Conversion you build customer relationships by helping them afford the equipment instead of turning them over to collections. Customers will remember this and come back to you to buy in the future “Customer on Credit Hold”
