Most B2B sellers know that offering financing leads to more sales.
But did you know that it also leads to faster sales?
📊 By the numbers: Equipment sellers who lead with a payment option for equipment under $50,000 experience sales cycles up to 35% faster.
How it works:
- Empowering faster decision-making: Financing removes immediate budget constraints, making it easier for business buyers to commit—especially when you present financing as the customer’s first purchase option, helping to quickly secure the sale.
- Nurturing relationships and conversions: Leading with payment options for lower priced equipment builds trust with buyers and sets your business apart from sellers who don’t offer financing.
👋 Takeaway for equipment sellers: Introducing a payment solution up front helps you meet customers’ financial needs while speeding up your sales cycles.
TimePayment can help. Our payment solutions are designed to integrate seamlessly into your sales approach wherever you do business—online and in-store—giving your business customers fast, flexible options to meet their equipment needs.
- Reach out today to learn more about our shopping cart integrations. Or sign up now to get started.
Source: Proprietary 2024 Sawbux survey
