Why do equipment finance vendors choose your competitors?

Insights from our latest white paper

Have you ever wondered why some of your vendors choose to submit deals to your competition instead of you? Or what really goes on behind the scenes for equipment finance vendors and brokers? Our latest white paper, ‘Vendor Success: Building a Digital Experience That Drives Equipment Sales,’ is a guide to understanding and enhancing the vendor experience in a way that drives growth and revenue for equipment finance lenders.

In this white paper, we discuss the key challenges vendors face with traditional equipment leasing. We’re talking about the real stuff – the frustrations, the roadblocks, and why a simple, intuitive, and time-saving user experience (UX) is not just nice to have, but a must-have in today’s competitive market.

Through our research, we’ve found that vendors are looking for a simple, efficient way to send business to lenders.

Instead, vendors are burdened with an equipment leasing software portal that’s frustratingly complex, wastes their time, creates more work for them, and complicates the application process.

 

 

Plus, we cover a critical, often overlooked aspect– visibility. Have you ever thought about how the lack of clear, real-time updates can strain relationships with your vendors? We reveal how this single factor can make or break the trust between you and your vendors.

But it’s not all about the problems. We explore the benefits of AI and automation for both vendors and lenders. Imagine equipping your vendors with tools so efficient and user-friendly that they can’t help but channel more business your way.

By prioritizing user experience, lenders unlock the potential for smoother transactions, enhanced customization, transparent operations, and increased efficiencies. Download our white paper and discover the strategies to ensure vendors send business your way. 

download the full white paper