Why Offer Financing?
Find Out Below
Increase Sales & Grow Revenue
Our finance program should be looked at as a sales and marketing tool for your business. Increase sales by advertising financing options to attract more customers to your business and use one of our many promotional offers as a way to close more sales.
Attract New Customers
Use our program to advertise affordable monthly payment options in conjunction with your “buy today” sales price. By advertising a low monthly payment, you’re appealing to those customers who can’t afford the total cash price of your product or service today. Use one of our special promotional offers as a marketing tool to drive more customers into your store.
Make Your Business Stand Out
Use our finance program as a way to distinguish yourself from the competition. Offer your customers a compelling offer by advertising one of our no interest (if paid in full) promotional offers along with a low, affordable, FIXED monthly payment.1 Let your customers know that you can approve a wide variety of credit profiles and to come in to apply for financing today.
1 Interest accrues during the promotional period, but all interest is waived if the entire purchase balance is paid in full before the end of the promotional period and you make all required monthly payments on or before their due dates. Terms may vary based on creditworthiness, amount of loan and length of term.
Increase Average Ticket Size
Advertising financing helps eliminate the focus on total price, and instead shifts the focus to affordability. By leading with financing, you’ll make your product more affordable with low monthly payments. Shift your focus away from total price and begin increasing your average ticket today.
Increase Conversion Rates
By advertising affordable financing options online, you’re giving your customers another way to pay. Make your product more affordable and advertise one of our special financing promotional offers to increase conversion rates and see more “browsers” become “buyers.”
Gain New Leads Through Your Website
LendingPoint Merchant Solutions is a great way for you to gain new customer leads online. We provide advertising banners for use on your website to encourage customers to apply for financing to check their rate. Each customer, regardless of whether they’re approved or not, is sent to your online portal and you’re notified via email.
The Stats Don’t Lie
Financing Is Critical For Success
Is the estimated volume of Consumer Finance spending each year in the United States
Of consumers who used financing say the availability of financing drove their choice of retailer.
Estimated increase in sales expected once LendingPoint Merchant Solutions is implemented in your business.