Vendor Partnership Program
Equipment Lease Program for Vendors
Platinum Life Financial’s Equipment Lease Program allows Vendors to offer leasing solutions on their equipment. This simple referral process allows potential customers to have access to financing solutions to facilitate the Vendor’s sale process. Below are a few key reasons why every Vendor should offer a Lease Program on their equipment.
Increase Sales Conversion Rate
Equipment Leases help increase the speed and efficiency with which a sale can be closed. Documents can be sent to you or your customer, and the approval process can be started immediately.
Close Larger Sales
The customer’s purchasing power is increased through equipment leasing. Financing allows monthly payments to customers interested in preserving cash flow.
Remove Closing Barriers
Speed up the closing process by offering customers a financing solution. Streamline the financing solution in your sales funnel to overcome cost objections.
Build Repeat Business
Equipment leasing allows customers to retool and upgrade their equipment at the end of their lease term. This helps you in selling the next generation of equipment to the same customers.
Why
Platinum Life Financial?
Simple and Quick
Leases up to $500,000 with a one-page application. Approval and lease documents are processed the same day.
Competitive Lease Rates
As low as 3.99%
All-Inclusive Financing
Loans can include all soft costs such as shipping, installation, software, and training.
Wide Range of Deal Sizes
From $25,000 up to $25 million
Pre-Approved Lease Lines of Credit
Lines of credit can be provided for flexibility in equipment financing.
The Lease Process
FAST. SIMPLE. EFFECTIVE.
Vendor Representative presents leasing as an option to the customer.
Vendor gives the customer an application that was created by PLF and customised with vendors logo.
Upon receipt of signed application, customer is then offered a quote.
If the Customer or Vendor Representative needs assistance regarding the quote, they can contact a member of their PLF Leasing Team.
Lease documents are generated and returned with the customer’s signature.
Equipment is ordered, invoiced, and delivered. Vendor is paid in full.
Standard Lease Programs
EXPRESS LEASE APPLICATION ONLY PROGRAM UP TO $500,000
- No Financial Disclosure
- 24hr Credit Approval
- Completed Signed Lease Application Reward
FLEXIBLE LEASE FINANCING ON NEW OR USED EQUIPMENT
This covers soft costs such as installation, freight and taxes. Also includes specially structured lease plans to accomodate our customers cash flow needs.
- Lease Plans for Start-up Companies
- FMV, 10% Purchase Option, $1 B/Out Option
- Trac-Lease for Commercial Vehicles
- Deferred Payment Plans
- Seasonal, Step and Skip Payment Plan
COMMERCIAL LEASE
(FULL FINANCIAL DISCLOSURE)
- Fixed rates as low as the current prime interest rate
- Lines of credit available up to $5,000,000
- 3-4 day Credit approval with complete financial package
What are you waiting for?
Start the conversation today
with one of our executives.