TimePayment
TimePayment
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Latest posts
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TimePayment Names Joanna Markos as Chief Revenue Officer
The Equipment Financing Veteran Has Returned to Continue the Growth Story She Began WOBURN, MA, September 25: TimePayment, an award-winning fintech company specializing in commercial equipment financing, has elevated Joanna Markos to the role of Chief Revenue Officer. Markos has…
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Why Medical Spas Make Great Broker Customers
Don’t be fooled: Jumping into the medical aesthetics market is no leisurely spa day. Here’s the real deal: Medical aesthetics professionals are motivated, ROI-focused buyers who actively pursue equipment financing as a growth strategy. That makes medical spas a rewarding…
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1 in 3 “Just Looking” Customers Really Want to Buy
Want a foolproof way to turn browsers 🐸 into buyers? 🦄 Equipment financing could be your magic wand. 🪄 📈 Here’s a surprising stat: If you present B2B equipment shoppers who say they’re “just looking” with—this part is important—specific monthly payment information, 34% of them…
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Brokers: Plan for the Q4 Funding Surge Now
It may be the Dog Days of summer. 🐕 But smart equipment brokers have December on the brain. 🎄 No, we’re not kidding. Nearly 60% of annual small-business equipment purchases close in the fourth quarter, as owners rush to put equipment in service before the year ends to take…
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Want to Win New Deals? Reply Within 1 Hour
What is a quick reply worth? A lot, it turns out—especially if you’re an equipment financing broker. 📚 What the research tells us: When a business owner submits an equipment financing inquiry to a broker, the odds of winning that deal drop sharply after the first hour. The news…
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Vendors Who Offer Financing Discount 23% Less Often
Today’s big thought: You can ditch the discounts and still close the sale. Too many B2B equipment sellers fall into the habit of lowering their prices to get to a “Yes.” But in an era of rising inflation, uncertain supply chains, tariffs, and razor-thin margins, can you really…
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Why Aging Equipment Is a Broker’s Prospecting Signal
As an equipment broker, you’re more in demand than you realize. Because a lot of equipment out there needs replacing—and soon. 📊 One number every broker should know: 23%. That’s how much small businesses’ average equipment age has crept up since 2019. 🔑 Why it matters: This…
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Trials Periods Without Financing Aren’t Trying Hard Enough
🧠 Today’s big thought: If you demo or trial equipment, you need to offer financing. 🐘 One number to remember: 62%. Customers who complete equipment demonstrations or trials and are then immediately presented with financing options convert 62% higher than customers who receive…
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How Brokers Can Break Into Small-Ticket Construction
TimePayment financing can be a big-time solve for small-ticket construction equipment. Here’s what equipment brokers and vendors need to know. The landscape: Small-ticket construction equipment—scissor lifts, boom lifts, welding systems, concrete equipment, and specialty…
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Brokers: Specialty Printing Equipment Sales Are Up 31%
The specialty printing market is growing rapidly. Equipment brokers and vendors have strong opportunities to capture that growth with financing—if they recognize the opportunity 📈 One stat we’re watching: Sales of specialty printing equipment—direct-to-garment printers, DTF…