The Best Way to Finance External Power Sources

When deciding what equipment will benefit them in their day-to-day operations, most business owners don’t consider power sources as a strong contender, but not investing in this area could prove to be a big mistake

If you’re interested in financing your external power source solution through a third-party vendor, be sure to contact Dimension Funding. You’re only an online application and a quick approval process away from getting a time-tested, hassle-free, and convenient financing option for your next equipment upgrade. 

July 2021 Monthly Confidence Index for the Equipment Finance Industry

The Equipment Leasing & Finance Foundation released the July 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 72.9, an increase from the June index of 71.3. 

Some of the major takeaways: 

• When asked to assess their business conditions over the next four months, 58.6 percent of executives responding said they believe business conditions will improve over the next four months, up from 42.3 percent in June
• 55.2 percent of the survey respondents believe demand for leases and loans to fund capital expenditures (CAPEX) will increase over the next four months
• In July 51.7 percent of respondents indicate they believe their company will increase spending on business development activities during the next six months

Dimension Fundings creative and flexible rates help drive sales. As the economic outlook brightens, offering financing helps to make your products and sales more affordable. Reach out today to see if customer financing programs are right for your clients! 

AMRs and the Post-COVID Marketplace

The rapid increase in e-commerce during the COVID-19 pandemic led warehouse and distribution center operators to clamor for the benefits AMRs can provide. 

"We are seeing an explosive rise in the development and deployment of autonomous mobile robots (AMRs) in the supply chain. In this article, we look at how the rapid increase in e-commerce led warehouse and distribution center operators to clamor for the benefits AMRs can provide and how the COVID-19 pandemic crisis is and could be affecting this demand in the future. Finally, we will introduce you to Bolt™, the collaborative AMR from IAM Robotics, and why it could be the AMR solution you’ve been waiting for."

Dimension's custom and creative financing programs can help make the AMR solutions that you sell more affordable. Your customers can invest in the new technology that they need to be competitive, without impacting their bottom line. Reach out today for more information about how Dimension can help you and your customer innovate a better world. 

The Importance Of Value Proposition

Like most sales professionals, I sometimes become bogged down in the importance of value proposition as the main reason our vendor partners choose to do business with us.  When asked, clients often provide some of the most revealing insight into an originator's real value proposition.  When asked this question recently I listed attributes which I believed our vendor partners would say were our most beneficial offerings: fast turnaround, competitive pricing, easy documentation process, etc. However I was a bit surprised to hear that most important to them were not necessarily the value components of our offering but these reasons instead:

• Professionalism
• A "can do" attitude
• Reliable personal service
• A straightforward approach to business - no nonsense
• A trustworthy individual with dependable service
• A business partner in good times and not so good of times
• A friend

In other words, professionals want relationships with other professionals. Origination is personal; sales are personal. People deal with people that they like and trust. Important lesson learned: We make a difference because of who we are and how we interact with others. We all have a personal value proposition and when we flaunt our personal attributes we increase our network, our business partners, our production, and our personal incomes.