Private Label Vendor Finance Program1
Provide the right financing solution for your customers.
K22 tailors lease financing products to meet the unique needs and requirements of your customer base. As a partner, we work to become an extension of your sales team, providing a value-added resource and closing tool for financial and budgetary objections. K2 manages all the administration, overhead and credit risk associated with a financing program and allows the vendor to recognize sales revenue upfront.
First, we’ll work with you to determine the right financial products for your end-users and help train your sales team on how to best use them.
Draft & Distribute
Next, we’ll collaborate as a team to build and distribute financing solutions to your sales force and customer base.
From initial planning with your team to end-user support, we are dedicated to maximizing your financing program’s potential.
The Benefits of the Program:
Increased Sales and Account Control
Your sales team increases their chances of securing a sale when they can provide a flexible financing alternative to their prospects, easier and faster equipment upgrades, and add-ons in the future.
Shorter Sales Cycle
Since leasing is less capital intensive for the end-user, our vendor partners often see a faster acceptance from their customers.
Faster Revenue Recognition & Improved Cash Flow
Upon receipt of executed documentation, K2 will promptly issue you a purchase order, triggering revenue recognition. K2 will pay you according to your payment terms, thus reducing invoicing and accounts receivable issues that many manufacturers encounter with end-users.
Offer a Value-Added and Comprehensive Sales Solution
Offering your prospect/customer an alternative acquisition strategy can differentiate you from your competition and provides your sales team with a value-added service.
Account Management Support
K2 assigns a professional documentation specialist to each of our vendor partners so there is a reliable single point-of-contact.
“The team at K2 has played an integral part in our growth and success. They developed a creative, customized program that really no other finance company could execute. They understand our customers and deliver best in class customer service. K2 exemplifies everything you look for in a finance partnership.”
We assign a team leader to each vendor partner to provide a comprehensive approach to servicing and administration of each program.
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.
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.