RSS
ENDE

Glossary

GLOSSARY VENDOR SERVICES


We define vendor services as financial and additional services for manufacturers and dealers to stimulate their sales or to support their captive finance programmes ; the services are offered as part of a vendor programme or a sales financing programme, depending on whether SGVS appears under the vendor’s brand or under its own name to the end-user.

Inform yourself in detail about possible partnership structures and about our financial and additional services:

PARTNERSHIP STRUCTURES

VENDOR PROGRAMMES
Programmes to support or execute a vendor’s captive finance programme by means of financial and additional services. Societe Generale Equipment Finance does not appear under its own brand to the end-user. Special types of vendor programmes are

Vendor-branded programmes
A working relationship between Societe Generale Equipment Finance and a vendor in which Societe Generale Equipment Finance performs all or part of its partner’s captive finance programme. Societe Generale Equipment Finance does not appear under its own brand to the end-user. The working relationship always includes financial services for the vendor’s clients. Societe Generale Equipment Finance can also perform further functions in the fields of contract management, origination and pre-origination (marketing).

 

Undisclosed vendor programmes
The purchase of a vendor partner’s leased equipment by Societe Generale Equipment Finance with undisclosed assignment of the lease or receivables; in contrast to -> vendor-branded programmes, Societe Generale Equipment Finance uses this type of programme to assist in the refinancing of a vendor’s captive rather than its financing.

 

Joint ventures
Execution of a captive programme in the form of a dedicated company owned by Societe Generale Equipment Finance and a vendor partner; the purpose of the venture is to share know-how, resources, profits and risks. Usually, the services are offered under a special label based on the vendor partner’s brand name.

 

SALES FINANCING
We define sales financing programmes - in contrast to -> vendor programmes - as cooperation agreements between Societe Generale Equipment Finance and a vendor to stimulate the vendor’s sales where Societe Generale Equipment Finance appears with its own brand to the end-user. Societe Generale Equipment Finance can either appear alone (-> loose cooperation agreements) or together with the vendor partner (-> co-branding)

 

Loose cooperation agreements / Societe Generale Equipment Finance brand
A vendor partner merely recommends Societe Generale Equipment Finance to its clients. The service is then offered independently by Societe Generale Equipment Finance under its own brand.

 

Co-branding
A vendor partner develops and presents financial services together with Societe Generale Equipment Finance under both brands.