New Milford, NJ (PRWEB) July 30, 2013
Kleen Car in New Milford, NJ has recently been able to do something most vendors and sellers cannot…..offer financing. With many small businesses such as car detail shops, car washes, and small used car dealerships struggling for cash flow, needed equipment purchases are either put off or denied because of poor credit and lack of financing. Many of these small car detail shops that are just starting up need items such as commercial steam cleaners, buffers, vacuums, extractors and chemicals. If the purchaser did not have a credit card, or a card with a low credit limit, they could not get all the equipment to do the job correctly. In turn, their business would suffer with such problems as taking too long to get the jobs done, being less effective, looking un-professional, and losing jobs to the better funded and well equipped competition.
Zero percent financing and lease to own programs
What Kevin Farrell, owner of Kleen Car has seen in the last few months is more aggressive lending and banks more willing to give out funds to these small businesses. Farrell states that “Lenders have become more willing to fund lower dollar amounts to small companies than ever before. It used to be a lender was only willing to lend $10,000 or more and fund large purchase to fully established commercial businesses. If you were a start-up, or less than 2 years in business, forget it. If you wanted to finance less than $3000 worth of detailing products or equipment, forget it. If you had borderline credit, forget it. But now, we work with a finance company that has exciting new programs for everyone”. Kleen Car can offer zero percent financing for 15 months. They offer low interest lease to own programs for commercial companies. There is even secondary financing for people with low credit scores who normally would be declined. The success rate of people being financed is higher than it’s ever been. There is no charge to apply and chances are there will be some kind of approval for everyone
Recent new technology means keeping up
In the car detailing business, there is more new technology regarding products and equipment. Steam cleaners have come into the fold and have been proven to help get car interiors cleaner in half the time. There are new types of paint buffers to help buff and polish paint. There are also new products and chemicals to help get cars looking better in a faster amount of time. Being able to purchase these new pieces of equipment and products makes a car detail shop better and more competitive in the marketplace. Farrell says that “It's not keeping up with the Joneses, but keeping up with technology. Every business needs something at some point but may not have the available cash or even credit card limits to do it. Funding it through one of our financing programs is the perfect solution.”
Just like a regular purchase
Once you are funded, the buying process will stay the same. The equipment is the same price as if it was paid for in cash or credit card. The warranties are still the same and the customer still deals with Kleen car for after sales service. Kleen Car, along with their financing company has helped dozens of car detail shops with steam cleaners, buffers and more in recent months. Some shops would be out of business if it was not for the finance program and other shops would be struggling with “old school” and outdated products and equipment.