Newport Beach, CA (March 23, 2021) Phillips Connect is partnering with Partners Capital Group to offer its customers Flex-Pay financing options for the purchase or lease of their trailer telematics hardware as well as data plan costs.
Phillips Connect customers can take advantage of financial plans including operating leases to write off each payment as an expense, a capital lease resulting in a purchase of the equipment at the end of the term or a simple finance agreement to purchase equipment and data plans required. The financing plans require zero down at time of purchase and rates as low as 4.99% for qualifying purchasers.
Under the Flex-Pay finance plans offered by Phillips Connect, fleets can defer payments for up to six months while they complete the installation of the hardware on their trucks and trailers and begin seeing the payback associated with the technology.
“By having finance options available to our customers, we are adding another level of customer service to our portfolio,” commented Rob Phillips, founder and CEO of Phillips Connect. “For some fleets, this may make the difference in whether they go forward in upgrading their trailers with telematics and smart-trailer capabilities that can ultimately add to their bottom line.” Phillips Connect has a complete line of intelligent products that monitor trailers for location, status, and health in real time.
Travis Patterson, Vice President of Sales at Partners Capital Group added, “Partners Capital Group is excited to partner with Phillips Connect to provide competitive and creative financing solutions for customers who are looking to expand their fleet analytics. With this partnership, Partners Capital and Phillips Connect are poised to assist hundreds of fleet owners who are looking to achieve greater transparency over their fleet operations while keeping their monthly investment low.”
About Partners Capital Group
Partners Capital Group, Inc. (Partners) was incorporated in August 2005 and was originally established as a direct lender of loans and leases. The company partnered with several well-established leasing organizations to offer discounting and brokering of financial services. We are staffed to handle all aspects of loan and lease originations from credit review and underwriting to approving documentation, and funding along with billing and collecting the loan/lease payments. Started in 2005, Partners grew from a 500 Sq. ft. office space with two employees to our current office of 25,000 Sq. Ft. with over 125 full-time employees. Our corporate headquarters is located at 201 E Sandpointe Suite 500 in Santa Ana, CA with an additional six offices located nationwide.
In 2007, Partners Capital Group established a direct origination sales department, which targets vendors and suppliers in certain industries such as material handling, trucking, GPS equipment, telematics software, manufacturing, IT, medical, and other business essential industries. With an unsurpassed dedication to world-class customer service, our team of professionals has built long-term relationships with our vendor partners to help them increase sales through unique and flexible financing programs. Some examples are 90 Days Same as Cash, deferred payments up to six months, customer marketing promotions, sales training, co-branding and custom financing links.