Empower your customers to invest in your products without the burden of significant upfront costs. With supplier finance, or vendor finance from grenke, offer your essential equipment and assets through spreading the cost over time in budget-friendly payments.
A customer's equipment is out of date and slowing its workforce. They have found the latest technology with their preferred supplier. Their supplier works with Grenke as their finance provider and applies for the customer to finance the equipment or asset with Grenke. After confirming the customers eligibility for equipment finance, Grenke confirms with the supplier that the equipment can be financed with Grenke.
The Customer receives the equipment and any maintenance and service from the supplier. They become a separate customer of Grenke. Grenke purchase the equipment for them, and lease or hire the equipment back to them with regular payments over a fixed term.
Unlock growth and retention, boost your sales team with Customer finance solutions.
No upfront costs
Customers can start a finance agreement with just an initial payment.
Fixed payments
Enable customers to budget with confidence.
Future-proof tech
Fuel customer innovation and competitiveness with equipment upgrades at any time.
Protect credit
Help customers maintain financial flexibility and keep other credit lines for strategic use.
Asset finance isn't new and certain industries and assets are perfect candidates for funders like Grenke to support. So where do we see our finance option flourishing?