Tuesday 17 July 2012

Interest free Credit for customers of small businesses


We are pleased to be working with the UK's fastest growing provider of point of sale consumer finance. If your business meets the following criteria then we may be able to help you set up to offer interest free credit and other retail finance products to your customers.

Annual Business turnover:  >£100,000
Net Worth:              Positive
Established:           >12 months
Require a Consumer Credit Licence
Products financed


    • Furniture and interiors
    • Jewellery and watches
    • Health and fitness
    • Consumer electronics
    • Home appliances
    • Automotive and marine
    • Garden and DIY
    • Kitchens and bathroom


Retailers have a great opportunity to to grow their sales by offering credit (including interest free credit) online and in-store.

Here are the key benefits that are on offer to you and your customers:

•           increase sales by up to 40% and average order values by much more
•           A unique paperless e-signature credit application process that makes it quick and easy to process finance orders
•           true multi-channel solution that enables you to offer credit in-store, online and by email via one modern platform
•           daily settlement by BACS 
•           real time sales reporting and account management
•           high acceptance ratio and competitive rates, with a wide range of finance options from 6 to 48 months 
•           high quality point of sale marketing materials and staff training

From customer feedback data we know that 93% of finance orders are incremental (e.g. the customer would not have purchased, spend less, bought elsewhere and/or postponed their purchase if finance was not available).

In summary, introducing a retail credit payment option will attract more customers and increase average spend. We have extensive experience in the retail finance and consumer lending industry. We understand what you want and will give you an honest appraisal of what your options are.


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