- a statement that is obviously true and says nothing new or interesting.
"You get what you pay for"
Here are a few vendor “truisms” from someone who has worked with manufacturers and resellers for many years.
Not all of your prospects are the same. Some have great credit and some have less than great credit. Some are start-ups or have a short time in business while others have been around for a long time, some are mom and pops and some are larger corporations. All of this factors into whether or not they can be approved and at what rate.
Since the credit worthiness of your prospects are varied, you need a lender who can “cover all the bases”. A bank or a single source funder just can’t do it. If the application doesn’t fit their “credit or scoring model”, they don’t have a choice but to decline the transaction. United Funding, on the other hand, is an independent financial firm who has access to dozens of banks, investors, and alternative types of funds to match your prospect’s needs. This is true if they are a AAA rated company that deserves the best rates or a start-up in search of funds to buy your widget.
We are flexible. We offer a variety of programs tailored to your prospect’s needs. In addition to the standard terms of 24 to 60 month, we offer deferred and seasonal payment options. We would be happy to create a custom plan to fit their unique needs. As an example, we arranged a 60-month loan that skipped each January’s payment.
We are fast and easy to work with.
Approvals take less than twenty-hours. Often within four hours.
Our secure online application only takes a few minutes to complete.
Our paperwork is simple, in plain English, and handled via e-mail.
Yours is a cash sale. If the loan goes bad, it’s on us.
Your funds are remitted within 24 hours. Usually by wire or ACH.
We are advocates of your sale. We don’t get paid until you get paid!