Customer Financing

This post may contain affiliate links. Read about affiliate links here

Here is a simple way to get started offering customer financing to your prospective customers.

Simply use the form below to add in your details, and you’ll get a call to get set up in as little as 24 hours.

Enter Your Details Below

 

Also, we wanted to get you over the FAQs on customer financing below…

 

FAQs

How is this different from traditional financing?

As a business, you may have other customer financing options available to you. The secret sauce in this program is its single application, many lenders approach to customer financing as well as the large number of lenders in its platform.

In addition, you are able to provide customer financing to businesses, that in the past, were unable to utilize it.

Factors that often disqualify businesses, such as time in business, revenue, place and method of sale are not stumbling block.

Even businesses considered high risk can be set up with this Buy Now, Pay Later customer financing solution.

Is there a minimum or maximum amount that can be financed?

Each program is different and you will be able to customize a package that best fits your business needs. The programs vary from being able to accommodate a few hundred dollars all the way to $100,000 (sometimes higher).

How long does it take to get an approval?

All of these programs will provide decisions in a matter of seconds.

What is approval based on?

Approvals are based on many factors. Each lender has its own system of vetting the applicant in order to weigh the risk against default.

While many of the lenders understand that these consumers may come with higher risks, they minimize them by looking for signs of financial stability and solvency.

Applying is almost always risk free since it results in no credit inquiry and there is never an obligation to go forward.

And through its broad array of lenders, most applicants are able to find an appropriate match to meet their needs.

How long will the customer get to pay back the loan?

Depending on the program, the term can be from 12 months all the way to 10 years.

How long does it take for my business to get its money?

Typically, you will be paid your money within 1 to 3 business days.

I already offer financing… why would I need this?

Here is why. This can either replace existing financing or supplement it.

Today, a high percentage of people are getting turned down for traditional credit based financing. There are people that would have gotten approved in the past.

You can help many of those people achieve their objective and do business with you.

Also, there are many people who don’t bother coming to your business because they know their credit is bad and won’t qualify for traditional finance options.

You will have a low risk customer financing alternative that will help drive more people to your business.

What happens if my customer defaults on their loan?

These programs are non-recourse against missed payments or defaults.

How do I get started?

Simply use the form above, enter your details, and we’ll get you started.