Business Financing Program
Custom financing plans for all Businesses
Practical Capital tailors financing products to meet the unique needs and requirements of your business. As a partner, we work to become an extension of your company, providing a value-added resource and closing tool for financial and budgetary objections. Practical Capital manages all the administration, overhead and credit risk associated with a financing program and allows the vendor to recognize sales revenue upfront.
How it Works
Step 2: Draft & Distribute
Next, we’ll collaborate as a team to build and distribute financing solutions to your sales force and customer base.
Step 3: Continued Support
From initial planning with your team to end-user support, we are dedicated to maximizing your financing program’s potential.
Benefits of the Program
Shorter Sales Cycle
Since leasing is less capital intensive for the end-user, our vendor partners often see a shorter approval process from their customers.
Immediate Revenue Recognition & Improved Cash Flow
Upon receipt of executed documentation, Practical Capital will immediately issue you a purchase order, triggering revenue recognition. Practical Capital will pay you according to your payment terms, thus eliminating invoicing and accounts receivable issues that many manufacturers encounter with end-users.
Account Management Support
Practical Capital assigns a professional documentation specialist to each of our vendor partners so there is a reliable single point-of-contact.
What Does Practical Capital Brings to Table ?
Sales Training
We have financing sales professionals specifically trained to work with inside and outside sales teams. Whether providing finance training in the field or jointly calling on prospective buyers, each vendor program will have the full support of our resources.
End-User Support
Our team handles and administers every aspect of the financial solution so our vendor partners can spend more time on the next sale, not the last one.
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