Large equipment purchases, whether for commercial or consumer use, are expensive. And buyers frequently require financing to help make the purchase more feasible. But as the seller, you need to know that your customer has the means to make continued payments.
Soft Pull Solutions can help. We provide thorough credit reporting solutions and prequalification services to help you mitigate the risk of defaulted payments on equipment sales.
Types of equipment businesses we work with include:
- Gym equipment
- Medical equipment (examination tables, x-ray machines, sonograms, EKG machines, etc.)
- Sports equipment (basketball courts, golf clubs, other outdoor equipment, etc.)
- Business equipment
- Office equipment
- Farm machinery (tractors, plows, sprinkler systems, etc.)
- Restaurant equipment such as commercial ovens
- Machines in manufacturing
- Auto mechanic shops (welding equipment, diagnostic machines, specialized parts, and tools)
- Breweries (tanks, grain milling and handling systems, boilers, pumps, etc.)
- Conveyor belts
- Computers, servers, & cooling equipment
- Wiring and hardware
- Scanners
- Printers
- Photo booths
- Video equipment
- Water purifiers
- Tires
This isn't a comprehensive list, and we'd love to answer any questions about your industry and using our services. Give us a call today!
Why Equipment Companies Need Soft Pull Solutions
Powerful credit reporting software allows businesses to streamline the prequalification process for large equipment purchases. Soft Pull Solutions generates comprehensive reports to help you understand the risk of each potential buyer.
Through soft pull credit checks, you can gather the information you need without impacting your customer’s credit. You don’t even need their date of birth or social security number.
Benefits of Soft Pulls For Equipment Companies
Save Time
With our software, you receive real-time data to minimize waiting time. Sales decisions require timeliness and efficiency on your end, so we do everything we can to streamline the credit reporting side of things for you.
Prequalify Customers
Soft pulls allow you to prequalify customers for financing without impacting their credit scores. This keeps your customers satisfied and helps move the process along without the need for a lengthy application process.
Accurately Evaluate Risk
Making informed decisions is crucial to your business growth. Our reports provide you with comprehensive consumer data to help you stay informed and evaluate the risk of each potential customer.
Services We Offer
Additional Reports & Features
When you sign up with Soft Pull Solutions, you’ll have access to a variety of other detailed reports and services designed to meet your specific business needs. Click the button to view a full list of reports available to your account.
Difference Between Soft & Hard Pulls
| What Is Different? | Soft Pulls | Hard Pulls |
| Impact on consumer credit? | No | Yes |
| Social Security Number required? | No | Yes |
| Date of Birth required? | No | Yes |
| Does running an inquiry create trigger leads? | No | Yes |
| Do you need to print a Risk-Based Pricing Notification and give it to the consumer after you pull the report? | No | Yes |
| Is it a full credit report? | Yes | Yes |
| Is a FICO Score included with the report? | Yes | Yes |
| Is the report sufficient for tenant screening purposes? | Yes | Yes |
| Can I get consent over the phone? | Yes | Yes |
See the Difference Firsthand
Click below to view a sample soft pull report and discover how it can streamline your processes today!