Sell More Used Equipment

The opportunity: Businesses used to regard new equipment as the headache-free option. But rising costs and persistent supply chain delays have both buyers and sellers shifting toward more used equipment these days instead.

The obstacle: Financing options for this segment remain rigid, frustrating sellers and buyers alike. 

The solution: Equipment sellers should partner with a financing provider like TimePayment, who is both familiar with and friendly to the used equipment market.

The benefits are clear: You can…

• Expand your customer base: Financing used equipment makes your services available to a much broader array of businesses, especially new businesses with the potential to grow into loyal customers.
• Offer competitive rates: The more attractive financing terms you can offer for used equipment, the less customer hesitation you have to overcome.
• Extend flexible terms: Offering longer terms for used inventory can help sales teams close the deal.

What they’re saying:

“Our customers are keeping older equipment longer, but financing options for this segment are terrible—higher rates, shorter terms, and tougher conditions. We’ve landed with a small-ticket, small-business expert that is powering our used equipment sales and it’s made all the difference.”  —Executive, Georgia dealership

This bullet seemed more for our audience than us: Simplify Access to Capital: Support floor planning for used inventory to keep sellers stocked and ready to meet demand.