Tools to Sell More Technology & Equipment

Utilizing a subsidy for manufacturers who offer lease and loan financing to increase sales by meeting their customers’ cash flow needs, providing bundled products, consumables and services, and improving up-sell opportunities through strong customer relationships. Unlike other products that generate fragmented data using obsolete technology.

Increase Equipment Sales Penetration

Manufacturers finance equipment sales to make it easier for their customers to purchase the equipment by alleviating pressure on cash requirements. Attractive financing through leases and loans can be a significant marketing differentiator to meet increased competition and pressure on revenue growth. Unfortunately, many manufacturers are burdened by rigid IT infrastructures integrating a complex web of niche software applications and customizations that cannot adapt well to support new financial products resolve these pressures in a rapidly changing market place.

Increase Sales by Meeting Customer Needs

Offer New Products and Services

To survive and grow in this highly competitive marketplace where financing is a commodity, manufacturers must be able to adapt their financial products easily to meet unique customer needs. TVF provides flexibility to configure financial products to arm your sales force with the tools they need to finance your equipment sales. With unlimited financial products you have the flexibility to quickly configure terms and conditions you want to offer. Then, associate the appropriate financial product to a contract to govern the execution of fixed or variable rate terms through the contract life.

Manage Subsidies

Price incentives are very important in equipment sales and subsidies can play a key role in many manufacturers’ marketing strategies. Subsidies enable the manufacturer to offer products and services to customers at lower prices to promote increased sales volume and strengthen customer relationships. TVF enables you to budget, manage and control your subsidy programs. Group your subsidies into pools by equipment type, region or other parameters to control the application of subsidies as you price lease and loan contracts. Generate budgets for subsidy pools to control the use of subsidies and ensure that in the aggregate, users do not exceed authorized subsidy usage levels.

Technological Equipment and Software Financing

In today’s competitive business scenario it is very important to stay abreast of the best of technological advancements, essentially, those dealing with computer peripherals and relevant software. Technological or computer software comprises of new computer system, routing software and safety equipment.

These gadgets are often steeply priced and so it helps if someone provides the capital for the technological gadgets and computer software. However such specialized technological tools and software may not find their sponsors. This is owing to the lack of knowledge about these equipments and the business idea behind them. Therefore someone proficient in computer hardware and software has to impart the know-how on these tools. And it is not difficult to procure such technologies once you have the backing of some authentic sponsors.

There are a range of computer peripherals and software to choose from. Therefore the ways in which the financial institutions help with capital are various.

1) Audio visual equipment companies need their relevant tolls that are used in the business. Companies that are involved in mass communication deal in such equipments. The high price tags of these gadgets often require financial assistance.

2) Safety and security equipment forms the top priority when it comes to technological spending. It involves products like safety alarms, burglar alarms, fire safety alarms, metal detectors, closed circuit TV, motion detector and likewise. These are essential for maintain security in the offices and also homes. But its astronomical price deters individuals from floating such business. And hence there is the need for financing safety and security gadgetry.

3) Modern day businesses rest on the mighty shoulders of telecommunications. It is due to this technology that lots of companies could be incubated in campuses across the world. It has bridged the gap between production and the management. Sound and systematic communication is possible with the latest of technology in telecommunications. Offices are up o date with the latest of technologies like broadcasting equipment, multiplex equipment, telephone system and transmitting gadgets. But a ubiquitous high price bars these technologies from reaching small and medium scale businesses. Telecommunications funding gives them the chance to float such ventures.

4) Computer peripherals are essential for surviving in today’s business environment. So, most companies source such products. The data storage equipment, server, workstation are the must haves of businesses these days. But their configuration keeps changing from time to time. So hardware up gradation is a must to stay competitive. Therefore technological and software funding provides the necessary oxygen in these ventures.

5) Your business will also function smoothly only with the help of latest software. But conservative lenders would not allow their money to be used to source software. But the fact remains that businesses require various kinds of software like accounting software, ecommerce software, manufacturing software and CAD software. Infact every company runs on software. Therefore some financial institutions realize the value of software and offer them assistance.

Angel Investors and Alternative Financing

It is extremely important to keep your financing options open. Prior to looking for angel investors, you should look at programs offered by the Small Business Administration. Angel investors are the life blood of small business investment. In limited instances, these private investors will syndicate their investment with other funding sources if the investment is large but not large enough for a venture capital firm. Not every business needs a capital investment. Writing a business plan for your company is a difficult process.

There are many industries that are less risky and therefore more attractive to angel investors. If you business is profitable then a SBA loan may be a better fit for you. Popular industries amount angel investors include auto repair businesses, medical businesses, law firms, and other companies that are always in need. When seeking private investment, you will need a well developed cash flow analysis. In some instances, your certified public accountant can handle issues as it relates to incorporating your business in the state for a business friendly state. If you qualify for a bank loan, then using angel investor may not be in your best interest.

Only extremely large businesses, with values in excess of $50 million, are appropriate candidates for an initial public offering if you are seeking an extensive amount of capital. As an alternative to seeking equity investors you may want to look into specialized white using programs. Your lawyer should have a number of documents prepared for you in regards to raising capital as you are going to need to comply with any and all applicable securities laws.

When writing your business plan, either for an angel investor or any other type of funding source, you should always include a yearly budget as part your financial forecasts. There are many quality sample business plans available online that can assist you with this process as you are seeking financing.

Technology-based businesses are highly prized by angel investors that may qualify you for alternatives to private funding sources. It is imperative that you work with a properly qualified attorney when you are looking for private funding sources. It should be noted that most private funding sources that provide equity usually do not provide loans. Technology businesses are highly favored by venture capital firms, and this may be a better alternative if you need a large capital investment. Hard money may be an alternative for you as it relates to raising money from outside funding sources.

Technology Equipment and Software Financing

Technology equipment and software are very important for a business in today’s world. Technological or software equipment includes new computer system, routing software, safety equipment and so on. These types of equipment are generally very expensive and so the need for technology equipment and software financing arises. However most of the traditional lenders may not be ready to finance technological equipment or software. This is due to their inability to understand the purpose and type of this equipment. Therefore an expertise approach is required to understand the need for technological and software equipment. There are some genuine financing companies that offer help to acquire these types of equipment.

There are various categories of technology and software equipment. Therefore various options are allowed by financial institutions to get technology equipment and financing help. Audio visual equipment is one among them which includes cameras, sound equipment and so on. This equipment is really important for companies that specialize in audio video. Seeking the financial assistance of financing companies is required due to high price tags of this equipment.

Safety and security equipment is essential for certain companies. These types of equipment include metal detector, alarm equipment, closed circuit TV, digital video recording, motion detector, security gate, fire suppression and so on. These types are vitally important for maintaining the personal safety and security. Due to its highest price ranges, most of the companies could not afford to buy it. But technology equipment and software financing makes it possible for almost all companies to acquire safety and security equipment.

Telecommunication equipment helps in effective business communication. Thanks to these types of equipment, many companies are functioning properly without any communication gap. Latest telecommunication equipment is available now which helps in effective communication. Broadcasting equipment, multiplex equipment, telephone system, transmitting equipment etc are really important for a modern office. However their price ranges are extremely high making it impossible to afford for small and medium companies. Technology equipment and software financing is the only best option to meet all the essential requirements.

Computer hardware is essential for most of the companies. Since their prices come down, most of the companies can get it easily. The data storage equipment, server, work station, network etc are vitally important for any business in today’s world. But the computer hardware has undergone constant changes. When the existing hardware becomes old, you need to buy a new one. This situation calls for the help of technology equipment and software financing.

Software financing is required to acquire the latest software. The traditional lenders would not be willing to provide financial assistance to buy the software. However accounting software, ecommerce software, manufacturing software, CAD software etc are essential for the business operation of most of the companies. In fact, every company requires certain type of software. Some of the reliable financing companies recognize the need for software financing and they offer essential help.

Since there are no embarrassing procedures for getting the technology equipment and software financing help, any company can apply for the financial assistance from the valid financing company.

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