Retail Finance Solutions for Retailersand Merchants.
- Offer clients a range of interest-free and interest-bearing credit options.
- Increase customer loyalty and repeat sales.
- Extend customer choice at the point of sale
- A high demand service, compete effectively with your larger competitors.
- An alternative to credit card sales.
- Reduce objections and spread costs to a manageable monthly amount.
What do I need to offer this facility?
Our Retail Finance Solutions are open to any retailer or merchant who is running an established profitable business and has been trading for a minimum of 18 months. You must be offering products to the general public and should possess a current, valid Consumer Credit License(CCL). If you don’t already have this we can give you full advice on the process to apply for a CCL. You can offer our Retail Finance Solutions if you deal directly with customers in your store or offer mail order, ‘online’ purchases via the Internet ( e-commerce ) or telephone sales. To enquire about these services and the suitability for your business please submit an online application now.
Can I offer any type of retail goods?
In general, most tangible retail and consumer goods can be sold using our Retail Finance Solutions, there is a minimum finance amount of £500 and maximum amounts are set depending on the type of business you operate. Please call us or inquire to discuss your business and specific requirements. As well as physical goods many dentists, cosmetic clinics and opticians also take advantage of our Retail Finance schemes.
How does Retail Finance work?
Interest-free credit is offered to your clients by way of a subsidy paid by you the Retailer and the amount of subsidy you pay depends on the term of the interest-free period you offer to your clients – generally in the range 6 – 24 months. With an interest-bearing facility, the borrower pays all interest costs on the facility at the agreed APR generally over a term of 12 to 48 months.
What is the next move?
If you believe that our Retail Finance Solutions can make a difference to your business then contact us today for further details and an application form. You can telephone our head office at local rate on 01293972071 or submit an enquiry. We look forward to working with you in developing and increasing the turnover and profitability of your business.