Speed Is the Broker’s Ultimate Advantage

You likely already know that TimePayment delivers instant approvals on qualified deals under $25K.

Yes, and we deliver fast approvals on deals over $25K too.

• In context: Traditional bank equipment loans often take several days for approval.

Why it matters: TimePayment keeps you closing deals, capturing time-sensitive opportunities that slower competitors lose.

Here are just three of the many reasons why approval speed matters:

• Speed builds broker credibility: A customer who gets an approval in hours or days becomes an advocate for a broker’s services and value. Customers who wait weeks or months for bank decisions will seek faster alternatives next time.
• Seasonal timing drives urgency: Today’s businesses need to gear up fast. Retailers preparing for holiday seasons, landscapers stocking up for spring, and contractors bidding time-sensitive projects can’t afford lengthy approval processes that miss critical windows.
• Equipment emergencies create premium opportunities: When faced with losing $1,200 or more per day in productivity drain, businesses facing equipment failures will seek immediate approvals rather than wait weeks for bank decisions, even if it means passing up a potentially lower rate.

What’s the broker bottom line: In equipment financing, speed isn’t just convenience—it’s a competitive advantage.

• While traditional lenders bog customers down in bureaucracy, brokers with rapid approval capabilities become indispensable partners for time-sensitive equipment needs.