Direct Capital Reveals Growth of Vendor Lending in New Infographic

Direct Capital Reveals Growth of Vendor Lending in New Infographic

Vendor lending has risen thus far in 2013, as a new Direct Capital infographic reveals.

Portsmouth, New Hampshire (PRWEB) August 19, 2013 - Vendor lending demand is on the rise in 2013, according to a new infographic released by Direct Capital, a leading provider of equipment leasing, business loans and working capital.

The surge in vendor lending, namely the impressive 23.2% increase over June 2012, is likely bolstered by the still-improving economy. This seems to indicate that more small businesses are realizing the benefits that having a financial solution in place can bring to their bottom lines – namely overcoming challenging price objections and closing sales faster.

The infographic also highlights the top three industries that are making use of vendor financing and their own growth over 2012.

“We are excited to see this uptick in vendor lending demand,” says Jamie Carpentier, Direct Capital’s Senior Marketing Manager. “Having a financial solution at the ready for your customers is a powerful selling tool and we anticipate that this trend will continue to increase as the year progresses.”

To view the infographic, visit this link: http://blog.directcapital.com/business-insights/vendor-business-lending-taking-off-in-2013/.

About Direct Capital

Established in 1993, Direct Capital (http://www.directcapital.com) is a financial technology company that delivers financial solutions for small & medium sized businesses, franchisors, and equipment and technology sellers. The company is headquartered in Portsmouth, N.H. and operates offices in New York, California, and Georgia. You can follow Direct Capital on Twitter at http://twitter.com/DirectCapital or subscribe to its PointBlank blog.

SOURCE Direct Capital

Contact:

Dave Choate
Direct Capital Corporation
603-766-9360

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

One Cannabis
Get A Piece Of The Booming Cannabis Market Without Headaches.
Red Mango
Based in Dallas and with more than 300 locations across the U.S., Mexico, El Salvador and Uruguay, Red Mango is a rapidly-expanding retailer of...
LaRosa Grill
La Rosa started as a single restaurant in 1994 that has grown today, into a food chain for the most discriminating of taste, authenticity & value.
RetroFitness
Retro Fitness is well positioned for today's economy and to dominate the low cost segment by offering a high quality and value add product in...
ZIPS Dry Cleaners
ZIPS, since 1996, began as eight dry cleaners in the Baltimore-Washington, D.C., metro area and has grown to more than 40 stores. Find out more.
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.