Nimans sees growth in leasing

Nimans claims that a growing number of resellers are using its leasing policy to unlock new sales opportunities and capture millions of pounds of additional business – on top of their standard credit terms.

Individual customer finance reports that identify how much equity clients have built-up within existing agreements – then used to purchase new equipment – are helping drive demand as part of a ‘revolving finance’ facility.

“Leasing is in addition to a dealer’s standard credit terms and therefore dramatically increases their spending power,” said Tom Maxwell, dealer sales director. “In this current economic climate, cash flow remains tight and access to general credit is limited. For many of our customers, leasing is a ‘no brainer’ as they can source all their equipment from one distribution partner. We don’t necessarily have to stock every product.”

Maxwell highlights the fact that Nimans has invested in a dedicated financial services division, offering a range of finance options up to 7 years. “In these prudent economic times it is even more imperative that resellers can take the financial heat off their customers who are often reluctant to make any financial outlay unless absolutely necessary.”

Did you find this article useful?

Posted by George Carey (100)

Written on 13th April 2012

Find other articles written by this user

Comments

0

Add Comment

Please Register

Please register to use the full range of our site's features: renew your subscription, post a blog, comment against news articles, view Dealer Support magazine online

Latest Added

Brace yourselves for a surge in mobile…

New research from IDC highlights how smartphones and tablets are changing the way…

Written By Austin Clark 30th July 2015

Balreed opens Digital Print Evaluation…

Production print engines from Konica, Ricoh and Xerox can be tested and compared…

Written By Austin Clark 30th July 2015

ECS expands its recycling with new…

New site allows more consumables to be recycled or remanufactured

Written By Austin Clark 29th July 2015

Most Viewed

Making lighting work

Sean Starkey, MD of Durable UK, talks about the importance of lighting in the workplace…

Written By Austin Clark 21st July 2015

The simplest way to motivate your…

There is one action that stands out from the rest when it comes to motivating staff…

Written By Austin Clark 17th July 2015

Do you have the Business Skills needed…

How have business skills changed in the 21st Century?

Written By Austin Clark 6th July 2015