GPF Vendor Services

equipment you can leaseGranite Peak Financial is here to join forces with your sales team. Together we will work to increase your sales and project your company to the next level. We will assist you in setting up a fast and easy sale where a customer doesn't worry about a lack of cash or inability to borrow money from its bank.

Vendor financing programs provide distributors, dealers and sellers the capability to offer customers a convenient way to acquire their products at the point of sale. A few of the key benefits vendor financing provides an equipment distributor include:

  • Improved vendor cash flow through pre-funding, or financing of the down payment, and reduced receivables through collection of the balance upon delivery of the product

  • Margin protection and bigger sales by focusing the customer on monthly payments instead of price reductions

  • A faster selling cycle - fewer worries about whether your customer has the money in its capital budget or if they can (or will try to) find financing on their own

  • Transfer of the financing risk to a third party through non-recourse programs
  • With programs that can provide financing in amounts as little as $3000, vendor financing can be implemented to cover most asset types and a variety of customer credit profiles including start-ups and early stage companies. For amounts up to $150,000, many financings can be approved in as little as 24 hours by completing a one page application. Approvals can be obtained as quickly as two business days following the submission of financial statements and tax returns for larger transactions. Lease terms can extend to 60 months for equipment with long useful lives. Choosing the right programs and leasing company can be the difference in winning a sales competition.

    A few questions to ask in selecting the best leasing company for your business include:

  • Flexibility - Can the financier fund my A, B & C credits? Can soft costs be included in the financing amount? Will all credits be financed without recourse to the vendor?

  • Minimums and maximums - How small and how large of a deal can the financier fund? Any limitations on how much credit it can extend to any given buyer? Any overall minimum or maximum volume requirements to create a program for your company?

  • Creativity - How many different programs structures and end user offerings can the financier provide? Will the financier create unique programs to meet the special needs of certain customers?

  • Service - What levels of support do you require for sales, marketing, administration and deal structuring? Do your customers require a personal touch or will a highly automated system be a better fit with your sales methods?
  • If you can visualize your company as a one-stop solution provider to your customer's needs through having the ability to offer fast and easy equipment financing, then vendor financing may provide you with new and profitable opportunities.

    Here are the basics on how our program works:

  • Fill out the vendor application included here. It will give us a better idea of your past experiences with leasing, what your average sale is and how much sales you expect will be generated through leasing.

  • An account manager from our vendor services department will call you within 24 hours to discuss the details of your application and construct a plan that will trailer a program to best fit your needs.

  • Once you have potential customers in place they can fill out our online application or download an application that can be faxed or emailed back.

  • We will contact you to confirm estimated equipment costs so payment options can be generated that business day.

  • Once the customer has been quoted an approval will be set, lease documents are signed and we will work on getting payment sent out in FedEx or via wire transfer which ever you prefer.

    Vendor Application Link
    Special Vendor Questionnaire Link
    Lease Application For Customer Link

  • 866-523-8898

    "Granite Peak Financial was able to tailor a lease to my specific needs... The rates where exceptional and I was ...on my way to a successful summer."

    "Tax season was right around the corner and we had a bunch of new computer hardware needs ...GPF had an approval set up for us that day. ... the payment was 100% tax deductable which saved us thousands of dollars over the course of the lease."

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    Learn more about why to lease

    Granite Peak Financial LLC 905 N Lake Blvd Tahoe City CA 96145
    Phone 866-523-8898 Fax 866-728-1678 info@granitepeakfinancial.com