WHAT IS STAGED PAYMENTS?
Staged Payments, as the name implies, provides payments in stages – making it easier for customers to make a purchase, while helping to improve your cash flow.
When a customer is looking to buy equipment, they usually approach their bank for a loan or use important cash reserves. This could create cash flow problems, or delay the sale. Worse still, the deal may disappear completely. The chances are, even if the deal goes ahead, there could be a long lead time of manufacturing and installation before you receive any payment.