Answer
May 13, 2022 - 08:29 PM
Courtesy: Unsplash
We understand that offering financing options for low-cost items is one thing, but offering options for high-priced items is another matter altogether.
Back in the day, you’d have to turn willing clients away if they couldn’t pay in full, direct them to a bank, or—if you have a brick and mortar store—trust them to return the money on a later date, something that’s impossible for online stores. But today, several financial service providers can handle that.
Here’s a list of some finance brands that offer just what you’re looking for.
-
Financeit
Customers purchasing expensive products from your store can easily use Financeit. Financeit can offer your customers credit of up to $100,000. The company also offers flexible payment options for your customers, e-signatures, and direct fund transfer to your bank without charging a merchant fee.
-
Synchrony
Synchrony allows small business owners to offer customers their store credit cards. You can provide a credit card to qualified customers with no extra charges on your business. Plus, your credit card can be used anytime they want to purchase with your brand.
-
Wells Fargo
Wells Fargo also offers an option for businesses to provide on-the-spot customer financing for their qualified customers. Their credit cards can be customized exclusively for your business. And that, we believe, will boost customer loyalty.
-
Paypal
When it comes to financing, PayPal has built a solid reputation in the market. If your customer has a PayPal account, which many do, you can ask them to use PayPal Credit to make instant payments.
PayPal Credit allows customers to make instant payments ranging from $99 to several thousands of dollars. And if they need to have their limit increased, all they need to do is contact PayPal customer service.
-
TurnKey Lender (In-House Customer Financing)
TurnKey Lender is a loan management system that allows you to set up your in-house customer financing system. This way, you can automatically control every step of your buyer's journey and provide excellent quick service.
Financing plays an irreplaceable role in business, and lately, many entrepreneurs, mainly those in e-commerce, are quickly embracing it. Don’t be left behind.
Add New Comment