Fitness Equipment Vendor Financing
Increase your sales and profits by providing customers with fast, flexible financing solutions.
Increase your sales and profits by providing customers with fast, flexible financing solutions.
Growing your fitness equipment vendor business and surpassing your sales goals can be challenging due to several factors. These include seasonality, market demand, and the number of fitness centers, fitness studios, and gyms in your city or town. One way to close more deals is to present your customers with financing options when they want to buy the equipment you sell. This can help shorten the path to purchase and result in more sales. Balboa Capital, a division of Ameris Bank, is a leading provider of fitness equipment vendor financing in the United States.
Consider the possibilities when you and your sales team recommend financing to fitness and gym owners who are ready to invest in elliptical trainers, stationary bikes, treadmill machines, rowing machines, weights, or other equipment you sell. They might move forward with financing if they lack sufficient capital for a big one-time purchase or simply want to maintain their cash flow. And that can result in more sales for your vendor business, not to mention happy customers.
Choosing a lender to fund your customers’ deals is an important decision. You want a lender with enormous lending power, extensive fitness industry experience, responsive service, and competitive rates. Balboa Capital offers this and more. Our industry-leading vendor financing program has the tools and technology to help your fitness equipment vendor business move more inventory. This includes an easy online application that takes just a few minutes to complete, a fast credit decision process during our regular business hours, and quick funding for approved deals. We can even provide you with private-label financing applications and custom website banner ads at no cost when you become our vendor partner.
Next, we realized our vendor partners need an all-encompassing online sales management platform. So, we invested time and resources in developing Portal360™, free to use when you become a Balboa Capital vendor partner. With Portal360™, you can check the status of your customers’ deals, generate custom reports, submit applications, and much more. Now is the time to increase your fitness and gym equipment sales, so apply to become a Balboa Capital vendor partner today.
How equipment vendors can boost sales
Selling strategies have changed. Have yours?
Reasons vendors offer financing to customers
Here are six benefits of providing financing options.
Benefits of private label financing
Build your brand, enhance credibility, and sell more.