ChargepointEV is an electric vehicle charger installer and they came to Kanda wanting to increase their conversion rate of leads to jobs, whilst reducing their cashflow burdens created by the government grant.
ChargepointEV were able reduce their payment cycles from 90 days, to 3 days.
For ChargepointEV, they wanted a way to stand out in the market and offering pay monthly options to customers allowed them to do that. The grant scheme had put pressure on EV installers and Kanda gives them the option to reduce their cashflow problems by guaranteeing payments every 72 hours. Now the grant scheme has gone, there is even more reason to offer finance and stay competitive.