Customer Financing – Increase sales by the numbers as of May 2020…
- Did you know that 70% of consumers who utilize financing say they would not have made the sale if not for customer financing?
- Did you know that offering financing on average increases average order value online by 85% and service orders by 33%?
- The repeat purchase rate is increased by 20%… 1 out of 5 come back to you increasing your positive rating by 74%
- Did you know that businesses that close a sale with financing increase their AOC (average order value) by 15% more profit per deal? Think about that for a minute, 33% more sales, 15% more profit, how does that translate to money in your pocket? What can you do with an extra $15,000 to $50,000 or more each year?
It’s important to pick a financing partner for your customer that is not locked into one range of credit score or demographic. More people have challenged credit with income than those with great credit. Our program offers credit from 570 and up. This gives you a better opportunity to make the sale.
If you missing out on these important prospective customers who are ending up at your competitors or simply, staying out of the market, start thinking outside the box and combine financing opportunities with a marketing program like Facebook or your local realtors. Offer a gift card or commission on all sales closed referred to you that purchase.
Why not increase profitable sales by enrolling in the client-specific customer financing platform offering up to ten lenders? Have your own in-house financing solution from credit scores of 570 and up with approvals in 24 to 48 hours.
The lenders in our program cover the gambit of consumers. For those with excellent credit expecting low, single-digit interest rates, to those with sub-prime credit and not desirable for most lenders. While no financing program will approve everyone, we give your prospective customer the best chance they will ever get to become your customer.
Applications are submitted to multiple lenders using a soft credit pull, no hard pull so it won’t hurt the customer’s credit and decisions are rendered within seconds.
Our customer financing solution leads the industry in subprime to excellent credit solutions.