Micro-financing gives car wrap industry fresh incentive to sell – and upsell
MCKINNEY, Texas, Sept. 4, 2009 — Savvy business owners everywhere are scrutinizing how to spend marketing dollars, regardless of whether they're facing budgetary roadblocks related to today's economy. When times are uncertain, it just makes more sense to pencil out where to put the pennies, particularly when it comes to advertising.
So it's no surprise that the car wrap industry is one advertising medium receiving fresh attention from company heads, who want the most bang from their budgets. Wrapping a vehicle with slick branding and key contact information is an effective, unobtrusive way to promote goods and services. There's no need to hunt for the information online or in the phone book because it's posted right there, on the vehicle, for "all the world" to see. That said, potential customers of car wrap shops aren't always eager to commit to the advertising because they're unsure of whether they can afford it. And that's exactly why Compound Profit (http://www.cprofit.com), a Texas-based franchise that provides funding solutions for businesses throughout the country, is stepping in to help with its ProntoLease micro-financing option.
"ProntoLease is designed to facilitate the closing of sales because it solves a problem for potential car wrap buyers," Penny says. "That problem is the lack of funding or traditional financing that's often required for such equipment investments. Through our partnership with car wrap companies, we offer fast and easy approvals – usually in 24 hours or less. We approve customers with lower than ideal credit score, and often approve without financials. We even approve startups."
While ProntoLease may have the feel of a loan, it's most definitely a lease, and one that comes with low monthly payments. This financing tool enables car wrap companies to give customers a way to pay for some or all of their needs, making equipment investments affordable and manageable for most anyone.
"ProntoLease helps car wrap retailers seal more deals as well as upsell," Penny says. "And it makes financial sense for their customers once they understand the benefits and features of ProntoLease. Our program justifies the spending for equipment needs like car wrap advertising, which brings in more business, boosting the ROI."
Compound Profit is growing to 300 franchised locations across the United States and will employ 6,000 account executives. Applications for new franchise operators and account executives are now being accepted.
For more information, visit http://www.cprofit.com/.
About Compound Profit
Compound Profit provides working capital and equipment to companies while its Profit Advisors simultaneously coach clients on how to increase earnings and decrease losses and risk. With decades of experience in finance and business, Compound Profit's team empowers clients with the know-how to make their companies profitable and healthy. This approach stabilizes small- to medium-sized ventures and positions them for increased funding opportunities. Launched in Texas, Compound Profit has expanded nationwide and operates under a successful franchise model.
Contact:
James Penny
Founder/President, Compound Profit
Email
877-386-3716
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