Split Funding Product
TimePayment understands the cash flow crunch you experience when you have to pay your supplier upfront and then have to wait until the leasing process is complete to receive funding, especially without a down payment from your customer.
Our Split Funding Product is a funding product where TimePayment pays two companies involved in the lease, whether it’s paying you and your supplier or reimbursing the lessee for a deposit paid to you, upon completion of the lease process.
Our Split Funding Product allows you to:
- Obtain more buying power with your supplier
- Satisfy supplier method of payment requirements
- Simplify your cash flow management
Getting Started
Please speak with your Business Development Manager for more details.