Customer Financing for Purchases
SMALL BUSINESS CONCIERGE
Customer Financing for Purchases
Customer Financing for Purchases is a financing solution that allows your customers to spread the cost of their purchases over time through convenient installment plans or revolving credit lines. Whether you sell products or services, offering financing options can make it easier for customers to afford higher-ticket items or services they need.
How Does it Work?
Our Customer Financing for Purchases Loans simplifies the buying process for your customers. Here’s how it typically works:
01
Application Process
Customers can apply for financing directly at the point of sale, either online or in-store. The application process is quick and straightforward, requiring basic personal and financial information.
02
Approval
Once the customer submits their application, our team will quickly review it and provide an instant decision in many cases. We consider factors such as credit history, income, and affordability to determine eligibility.
03
Funding
Upon approval, funds are disbursed directly to your business, allowing the customer to complete their purchase immediately.
Why Choose Us
Increase Sales: Offering financing options can significantly increase your sales by making high-ticket items more affordable for customers.
Attract More Customers: Access to financing can attract new customers who may have otherwise been unable to afford your products or services.
Build Customer Loyalty: Providing flexible payment options can help build loyalty and repeat business as customers appreciate the convenience and flexibility.
Boost Average Order Value: Customers tend to spend more when they have access to financing, leading to a higher average order value for your business.