Industry Roundup: Vendors Are Seeking Alternatives

The time is ripe to reach out

It’s been difficult to break through and establish new vendor relationships at scale in recent years.

  • New banks entering the market with very low capital costs—and boasting new technologies that allow for almost instant approvals—have created strong barriers to entry.


Yes, but: With recent disruption and a retreat of bank credit policies, vendors are more likely to evaluate new customer finance options than any time since 2008.



The clear takeaway: Brokers have a unique opportunity to establish and grow new vendor relationships right now.

  • Seeking vendors with unique collateral or who could offer a flow of smaller dollar transactions could also help you differentiate and win.


We can help. As a long-time funder of the broker channel and strong specialty in smaller-ticket transactions, TimePayment offers flexible monthly payment options for equipment needs starting at $500 and reaching $500,000 and beyond. We bring the technology tools to help you win where the opportunities are.

Take action: To discuss a vendor opportunity, reach out today. Or sign up now to get started.

*2023 Sawbux Greenwich Study of Commercial Finance Decision Makers

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