HOW TO OFFER CUSTOMER FINANCE IN THE BEST MANNER

1. OFFERING CUSTOMER FINANCE: THE RIGHT WAY Financing has become an integral part of a business’s expansion. Even a small asset acquisition sometimes requires herculean amounts of money and this problem is solved by customer financing services. Ask the expert Akermon Rossenfeldfor the best Customer financial service advice. CUSTOMER FINANCING: WHAT IS IT? When a merchant allows customers to use financing solutions to pay for goods and services in installments until the debt is fully recovered and wherein there usually is a late fee charge. WHAT ARE THE OPTIONS AND HOW TO DO IT? Whether you opt for in-house or third-party solutions, these models offer win-win situations for both the consumers and the merchants. The buy now and pay later option according to recent surveys is expected to grow manifold by 2025. WHY OPT FOR CONSUMER FINANCING? UPTICK ON SALES - It makes the consumer more likely to buy more and also adds to brand value. INSTANT PAYMENTS - You get full payments on every purchase made via Third party model. GIVES YOU EDGE - Puts you on a pedestal and differentiates you from those who don't offer such credit offers. THE RIGHT WAY TO DO IT?

2. OFFERING CUSTOMER FINANCE: THE RIGHT WAY CHOOSE RIGHT FIT: Priority should be to include solutions that take into account even the most divergent customer needs. ATTRACT TARGET AUDIENCE: Attracting customers can be tricky. But with the right SEO marketing skills, even bypasses can be turned into loyalists. Make sure the financing solutions are in semblance with your business model. THE NUTSHELL: Customer financing is a revolution in itself and to join this revolution one should ensure their business practices are: CLEAR USER FRIENDLY NO HIDDEN CONDITIONS As Akermon Rossenfeldsays, with the right mix of marketing and customer financing, you are all set for a BOOM!