4 Surprising Quotes from Auto Equipment Dealers
Mindset of Automotive Equipment Dealers In a recent survey of more than 2,000 automotive equipment dealer executives and sales leaders, there were some eye-opening comments and even more eye-opening stats surrounding them. “I think my sales team is afraid to talk about money.” 77% of automotive equipment sales teams leave the financial conversation for the […]
The Secret to Real Financial Success in Business
Uncovering the Key to Financial Success Warren Buffet’s path to wealth wasn’t built from out-sized risks or investing in the latest and greatest emerging market companies. He had a formula. Invest in companies that have a consistently good service to offer their customers and potential customers. Then he looked for the one big difference-maker, which […]
Six Trends in the Global Health, Wellness, and Beauty Market
Below are some recently published trends in the global health, wellness and beauty market that provide opportunities for vendors to expand their business. Health and Wellness The global health and wellness market is often cited as the “next trillion-dollar industry” According to a recent report published by Garner Insights, there are three leading trends: Athleisure […]
Are you getting what you need to grow your Security Business?
Does Your Security Equipment and Monitoring Financing Partner Offer What You Need? Make sure you are not missing out by using this handy checklist: Same day funding paid to you if application completed before 4PM EST. Support Fortune 500 to day-one startups to commercial customers and as low as a 550 FICO. Simple one-page application […]
Announcing Expansion of Revolving Credit Facility to $385MM
Credit agreement extended four years by existing bank syndicate matures at the end of 2022 We are is pleased to announce the expansion of our revolving credit facility to $385 million inclusive of a $50 million accordion. TimePayment is committed to continually improving program flexibility and value to its vendors and partners. With this expansion, […]
Restaurant POS Kiosks Accelerate Sales with Self-Service
Faster service in the restaurant trade is pushing Kiosk POS technology beyond just games and bill payment. Data from the Kiosk manufacturers shows that automating ordering on some if not all menu items can reduce order time by nearly 40 percent. Couple this with projections from The National Restaurant Association (NRA) that 63 percent of […]
Leasing Equipment Grows as Customers Use Less Cash
According to research conducted by the ELFA*, the use of cash by customers has declined by over a third since the beginning of the decade. At the same time leasing has more than doubled as a preferred method of acquiring equipment. As cash continues to tighten, are you losing business to other vendors that offer […]