Increase your sales with Elvey Finance

Increase your sales with Elvey Finance

768 512 Elvey

Offering a monthly repayment option for a security solution will have an immediate & significant impact on sales volumes.

 

 

The monthly repayment option must be reflected in all your proposals in order to create awareness.

 

QUOTING THE FINANCE OPTION ON EVERY PROPOSAL SERVES THE FOLLOWING PURPOSE:

  •  Creates awareness for all prospective customers
  •  Makes the solution affordable.
  • Operating expense – not Capex budget
  •  Increases customer spend – a small increase in the monthly payment allows for a significant increase in the invoice value
  • Puts you ahead of competitors who are unlikely to offer a finance option
  • Changes the way the client thinks about the transaction – (2.5k per month vs R100K cash outlay)
  • Usually makes a quick difference to sales levels by converting a much higher percentage of quotes into sales

 

AN EXAMPLE QUOTE IS SET OUT BELOW

 

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HOW TO CALCULATE MONTHLY REPAYMENTS

The Rental Company calculator can be used to calculate the clients monthly repayment.

Using the calculator:

STEP 1 Enter the capital value, excluding vat:
For example R100,000.00

– – – – – – – – – – – – – – – – – – – – – – – – –

STEP 2 Select the required escalation on the
drop down bar.

– – – – – – – – – – – – – – – – – – – – – – –

STEP 3 Click on the calculate button.
The calculator will then give options
of 36, 48 and 60 months.

 

Escalation means:

 

 

0% – The clients monthly
repayment will remain the
same value throughout term.

10% – The clients monthly
repayment will start lower
from year 1 and increase
every year by 10%

15% – The clients monthly
repayment will start lower
from year 1 and increase
every year by 15%