FINANCE & LEASING Finance takes the upfront pressure off
Finance and leasing specialists are uniquely placed to help vending businesses, but what kind of deals can operators get, and what benefits are there for them and end users
T
he vending industry is evolving rapidly. Machines are becoming more intelligent, payments are going cashless, and customer expectations have never been higher. But keeping
up with these innovations isn’t cheap, and it can often lead to cash flow pressures for operators and their customers. That’s where finance specialists step in. For vending machine
operators, partnering with a finance provider can be a game- changer. Rather than tying up precious capital in expensive machines and waiting for months – or even years – for customers to pay, finance providers can pay the full invoice at the time of installation. This instantly boosts cash flow, allowing operators to reinvest their capital into growth areas like expanding inventory, product development, or hiring more salespeople.
Finance solutions also unlock new revenue opportunities. Offering
flexible leasing options removes budget constraints for customers, simplifying sales and strengthening competitive advantage. Plus, it positions them as the preferred choice when customers are ready to upgrade their equipment at the end of a lease, securing valuable repeat business. End-users benefit significantly too. Leasing gives them affordable access to the latest vending products without hefty upfront costs, enabling businesses to keep their capital for essential needs like marketing, recruitment, or infrastructure upgrades. Customers also enjoy predictable, manageable payments and can take advantage of tax benefits like deductible lease payments. Upgrading to smarter, more efficient machines also means end-users can increase customer satisfaction, minimise downtime, and enhance their overall operational efficiency.
“As the vending industry continues its evolution, businesses that leverage specialist finance solutions today will be well-positioned to capitalise on opportunities in future, ensuring ongoing competitiveness and long-term success.”
Kevin Reed, head of vending at Tower Leasing, adds: “Many businesses face increased product costs and rising operational expenses. Here at Tower, we’re committed to empowering operators and their customers through flexible and accessible finance solutions, enabling them to tackle these challenges with confidence while achieving their growth ambitions. “As the vending industry continues its evolution, businesses that
leverage specialist finance solutions today will be well-positioned to capitalise on opportunities in future, ensuring ongoing competitiveness and long-term success.”
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