So much of our consumer life has become pay-per-use, or on subscription. This trend is becoming more and more common in the business world too under various names – Pay per use, Xaas (anything as a service), cost per measure, pay per measure and the list goes on. As a business equipment or services vendor,...Read More
A critical part of any pay per use finance solution, where variable payments are anticipated, is that of the billing and collecting process. If you are a business equipment or services vendor that is using an asset finance partner or currently considering a partner, you no doubt rely, or will rely, on them for some or all the...Read More
Do you sell to government, education or large corporate clients? If you do, no doubt you have experienced the tender response process, or the negotiations involving multiple legal and operational parties to progress to a signed order. For many government, education or large corporate clients, it is expected that you will offer a finance solution. One that is...Read More
Guest post: By Allan O’Donnell of JCurve Solutions The coronavirus crisis (COVID-19) has brought sweeping changes to daily life. One significant change for businesses has been the work from home (WFH) revolution. Numerous employers and employees alike believe that coronavirus will change the way we work permanently, with working from home becoming the norm. Whether you’re...Read More
You finance your computer equipment, copiers, furniture, plant and machinery and cars for your business. Did you know, you can also finance your software? This is done with 3E Advantage’s Software and Services Agreement. How does software finance differ from hardware finance? Hardware finance is straightforward for most finance providers. They have a tangible asset, that in most cases has a serial number and that has...Read More
Most IT vendors and resellers are familiar with financing when it comes to hardware sales, but are you aware that you can also fund 100% software sales? With the right payment solution partner, you can access software financing for your software and services solutions. How does software finance differ from hardware finance? Hardware finance is straightforward for most...Read More
We come across this every now and then in our discussions with vendor partners and prospects. Purely looking at the headline figures, self-funding your equipment sales looks appealing. As a vendor, you can access credit at your overdraft rate from your business bank, add a little additional margin to the overdraft rate for your added...Read More
We’re seeing this more often lately with vendors that we speak to about partnering with 3E Advantage to establish an asset finance partner program. When reviewing their current relationship with their incumbent, we are discovering that the partner has been performing the billing and collecting function on behalf of their finance partner. Our immediate question...Read More
Now that the initial shock of Covid-19 has started to diminish, within our own industry of asset finance, the process of looking forward at the impact of covid-19 and to next steps has begun. I take a look at the impact of covid-19 on asset finance credit in the short term. Government Support The...Read More
As restrictions begin to lift, it’s important that businesses prepare their office and their staff for the new normal for the foreseeable future. Here are just a few suggested areas you might wish to consider. Pre-return preparation If your office has been lying dormant since late March, it could be worthwhile having a general check completed prior...Read More
