Offering Equipment Financing For Your Customers

A companion episode to “Why Use Equipment Financing?’, which primarily focuses on businesses acquiring and financing equipment, this episode of the First Business Bank podcast features a discussion about the advantages of offering financing to customers when you’re a manufacturer, distributor, or retailer selling equipment. Offering your equipment customers financing through a responsive, reliable financial provider helps your business sell more capital equipment, increases customer retention, and builds long-term relationships.

At First Business Bank, we help business owners finance the acquisition of equipment for their businesses, and we assist vendors in selling more equipment to their customers by providing financing. Two of First Business Bank’s equipment Finance experts with decades of industry experience discuss:

Overcoming your customers’ budgetary restrictions to sell more equipment
Improving closing ratios with a fast approval process and optimal payment terms
The streamlined transaction process from application through approval
Partnering with experienced experts who have industry equipment expertise and knowledge of industry sales cycles and market challenges
A customized approach to ensure your financing options are competitive for your customers

Reliability and industry experience are key when choosing a financing partner. Manufacturers, distributors, and retailers need peace of mind that they can get quick answers for customers along with industry insight so they can compete now and in the future.

Featured Experts

Mark Meloy

Executive Vice President of First Business Financial Services, Inc.

Mark Meloy serves as Executive Vice President of First Business Financial Services, Inc., parent company of First Business Bank. He has enjoyed more than 40 years of commercial banking, joining First Business Bank in 2000 where he held various positions, including Chief Executive Officer, President, and Executive Vice President.

David Sook

Vice President - Equipment Finance of First Business Specialty Finance, LLC

David Sook serves as Vice President - Equipment Finance, bringing more than 25 years of experience in equipment finance to his role. His expertise covers a wide variety of industries including healthcare, technology, and municipal markets. David's recent focus has been on helping clients nationally in the municipal equipment finance market, leveraging both direct end-user and vendor relationships.

Stuart Goddard

Managing Director - Equipment Finance of First Business Specialty Finance, LLC

Stuart Goddard joined First Business Bank's Equipment Finance team in Milwaukee in 2018. He has more than 30 years of senior level equipment leasing and financing experience.

Offering Equipment Financing For Your Customers

Featured Experts

Access Business Insights & Resources

Why Use Equipment Financing?

The Advantage of Section 179 for Business Equipment Financing

Benefits of Equipment Financing