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offer consumer financing options to your customers
Consumer Financing
Offering to finance may increase sales by allowing customers without cash on hand to make a purchase. According to a 2020 Afterpay global fashion and trend report, approximately 65% of buy now, pay later users made two purchases within the last 6 months.
Companies generally provide special financing to customers because it increases sales. Customers may not have the cash on hand to pay the full ticket price, but may be willing to make the purchase on debt.
Close More Business
Offering consumer financing to your customers results in closing more deals. Having financing options to offer to your customers gives you the ability to sell to more customers. Many times customers want your product or service but do not have the money on hand to buy, or don't want to use credit cards or cash they have on hand. So start making more money now by offering financing.
