SHIFT

Harnessing finance on demand for your business.

The nature of the manufacturing industry means many businesses are equipment-heavy. For even the most profitable of businesses, this can require careful planning and at times hurdle-jumping to access the required finance to grow and serve customers.

This is where the right financial solution for the long-term comes into play, according to Paul Barker, Merchant Sales Director at Shift, a provider of credit and payments platforms to Australian businesses.

“What we’re seeing is that our business customers increasingly expect their payment platforms are easy to use, save time and help them create sales opportunities with their customers,” said Barker.

“This is where platforms that use online registration rather than manual applications make all the difference.

“With our Equipment Line, customers register online once, get a clear idea of their purchase limits and can then make ongoing purchases without repeat approvals.”

Cutting speeds on the ByCut Star increase twice as fast compared to 15kW and MixGas with sheet thicknesses between 6mm and 15mm, and more than twice as fast with thicknesses starting at 20mm. Piercing times are shorter for sheet thicknesses of 15mm and above. Sheet metal processors thus benefit from higher productivity at low unit costs, because with 30kWs the new ByCut Star cuts steel, aluminum, and stainless steel precisely and reliably. The 30kW laser power thus enables maximum flexibility for large series and spontaneous customer orders. Whether aluminum or steel: the powerful Bystronic cutting head impresses with maximum precision in thin and thick sheets. In addition, with the "Advanced Applications" option, high laser power (starting from 15kWs) now also enables expanded applications in steel and aluminum of up to 50mm. The new power level is exclusively available on the ByCut Star 4020.

Bystronic Australia Pty Ltd Stand MT945 bystronic.com

As a result, incorporating the right payment platform streamlines processes and reduces red tape for companies with regular equipment purchase needs.

Barker also explained the need for companies selling equipment and other goods to incorporate the right embedded financial solutions that create trade terms that help them grow sales by giving their customers payment flexibility.

“Shift Trade simplifies trade credit between buyers and suppliers, meaning suppliers get paid upfront while offering favourable trade terms to their customers.”

The Shift team will be at stand MS808 at Australian Manufacturing Week to show how Shift’s credit and payments platforms such as Shift Trade and Shift Online can make life easier for suppliers and their customers across the manufacturing sector.

Shift Stand MS808 shift.com.au