Does Anyone Have Experience Offering Financing for Your Customer Purchases at Your Business?

Pros of customer financing: 

Increased sales

Capture customers on the spot

Better prices for the customer 

Cons of customer financing 

You might have to pay a fee for the service. 

You might have to meet minimums to use the service. 

It could raise your customer acquisition cost. 

I hope this helps! 

Amber

We work with over 1,000 lenders to help small businesses obtain financing and build business credit based on the business, not the business owner. Our goal is to separate the business credit from your personal credit so you are able to build wealth without risking your personal finances.

 We use Acima no credit needed *90day no interest for 3mths w/buy out fee. We do the bulk of our financing purchases through them. They have the phone app and instore application. Our customers love this no hassle easy financing choice. We also offer 12 mths no interest with credit financing with a local financing company which works well for us as well. Both work well for our business.

My lender offer the following if interested  Equipment Leasing and financing for all types of businesses, and organizations  including Churches, Non Profits, Schools, Government, Charities, Start Up Businesses. Any type of equipment that will be used for business purposes. Lease amounts $5,000- $5,000,000. Tell me the type of Equipment you need including software, We'll tell you what we can do for you! ***Equipment Vendors and Leasing Professionals 100% financing program and benefits, also available. Terms, Rates, and Down Payment options are based on credit approval. Our leasing lender is a BBB member in good standing, and has options. Now Available In CANADA.
Min credit Score 580.  
For Program Guidelines please contact me.

We offer commercial and consumer financing to our clients and for almost every level of credit. Our finance partners are. Acima, Affirm, Kornerstone, Progressive, Klarna, PayPal, Navitas, PayTomorrow, Synchrony Home, & Snap. We have programs from 90 Days no interest and up to 48 months as well as traditional financing. We offer these programs both on our website and in store. Basically if a customer wants to purchase from us--payment is the least of our issues. If we can't get them approved with one of our vendors--nobody else can either. Then we offer layaway. 

If the customer offers business to business services and need working capital without applying for a loan. I can help them with purchase orders financing or Cash for Invoices.   

We Offer Synchrony and it offers the customer up to 36 months financing with no interest! It has helped our sales quite a bit! There is one down side, Synchrony charges our business a 13% surcharge that gets taken out of the employees pay check...So as an employee I wont offer 36 Months SAC but I will offer 18 Months SAC (7.8% surcharge) and they run specials every couple of months that help get the fee down. I would definitely look at them for a financing company.

Thanks for bringing this up! We’ve been using a third-party financing option through Denefits, and it’s been working out well for us. One of the big pros is that it allows us to offer our clients more affordable monthly payments by stretching the term out to about two years, instead of the typical six months. This has made it easier for our clients to manage their finances, which in turn has led to more consistent payments.

On the flip side, one potential downside is that it does extend the payment period, so you might need to be patient when it comes to receiving the full amount. However, they handle all the accounts and collections, which takes a lot of the admin burden off our shoulders. Overall, it’s been a great way to make our services more accessible to our clients. Happy to chat more if you have any specific questions!

You should definitely contact Ryan Mauch from J. Galt. He will surprise you with the depth and extent of his knowledge and ability to help your business.

Global Financial Services provides you with alternate funding solutions for your business needs. If you are a startup, been in business for some time, have low credit, are expanding, want to purchase a new or existing business or anything else you can think of, it is no problem for us!