Deko has announced a strategic partnership with Shire Leasing, marking a significant milestone as B2B equipment suppliers can now offer finance leasing options at checkout through Deko’s e-commerce platform.
It also expands payment options and streamlines the integration process of Shire Leasing’s Click2Finance solution.Businesses can lease equipment at online checkouts through a business finance agreement, rather than purchasing outright or using existing retail finance options which hold personal liability against the individual.
The application process is quicker, with full Click2Finacne application completed within 15 minutes and if accepted, businesses can access the equipment they need in line with usual merchant timeframes but spread their costs over 2 to 5 years.
With the new partnership, Click2Finance will be available through Deko, making it even easier for B2B equipment vendors to offer flexible payment solutions to their customers.
Dugan Heaton, Commercial Director, Deko, said: “Deko have built an extensive B2C lending panel and we chose to partner with them as their solution serves a market that is currently underserved and their focus on a seamless customer experience aligns well with Deko’s offering.”
As Deko’s first B2B lender, Click2Finance opens new opportunities for equipment vendors to serve their customers better by providing a quick, integrated solution that meets the needs of business’ environment.
Mark Picken, CEO of Shire Leasing, said: “The partnership will help to increase overall sales conversions in the online B2B marketspace and improve accessibility to flexible finance options for UK SMEs looking to invest and grow affordably.”