Equipment Vendor Programs
Tatonka Capital partners with an extensive network of vendors and manufacturers nationwide to provide lease products and financing for their customers. With budget constraints affecting the purchasing power of public entities, Tatonka is committed to helping vendors grow sales by offering flexible financing solutions to their public sector customers.
Offering a vendor’s customers a low-cost and easy way to pay for the vendor’s products and services will help drive incremental sales. Our vendor partners offer a wide variety of assets to a broad range of customers, including:
- Special districts
- Political subdivisions
- Federal agencies
- Indian tribal nations
- Charter Schools
- Non-profit entities, such as a 501(c)(3) hospitals
As a vendor, what are the advantages of working with Tatonka to offer your customers lease financing?
- Increased cash sales by allowing your customer to pay with tomorrow’s dollars
- Increased cash flow
- Opportunity to fund large transactions with progress payments
- Improved ability to bid larger government transactions
- Expanded government client base
- Ability to offer your customer more lease products and financing options
Because we recognize the importance of vendors’ relationships with their customers, Tatonka offers the following programs that allow vendors to customize transactions to suit each relationship:
Private Label Program: Tatonka’s private label program enables a vendor to be named the lessor in the lease contract with the customer. This is a valuable marketing tool for vendors who want to keep their name in front of their customers and give the appearance they are a ”one-stop shop” for all their customers’ needs. Under a private label program, the vendor assigns all right, title and interest under the lease to Tatonka, then Tatonka bills and collects for payments under that vendor’s name.
Captive Leasing Program: Captive leasing allows a vendor not only to be named the lessor in the lease contract, but also to retain title to the equipment and therefore take advantage of any available tax benefits (e.g. depreciation). The vendor assigns the payment stream to Tatonka, then Tatonka bills and collects under that vendor’s name.
Maintenance Contract Billing: Tatonka’s maintenance contract billing program enables a vendor to bundle maintenance charges into the monthly lease payment, so that the customer receives only one bill.
Purchase Order Program: With Tatonka’s purchase order program, if a bid has been issued containing the terms and conditions of the lease purchase or rental, the customer need only issue a Purchase Order against the bid, making lengthy lease contract negotiations unnecessary. The Purchase Order Program may be used for Federal General Services Administration (GSA) contracts as well.
Assignment of Proceeds: Using assignment of proceeds, a vendor may authorize Tatonka to pay equipment suppliers or manufacturers directly, with the balance of the proceeds going back to the vendor. This program alleviates any cash on delivery (COD) issues and protects credit lines with suppliers and manufacturers.