Results 1 to 10 of 10
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12-14-2014, 06:53 AM #1
- Join Date
- Dec 2014
- Posts
- 6
How can I offer in house financing to my customers?
Is there a vendor that I can provide in house financing with? For example I have sectional couches for $2000 is there a company that can provide financing to my customers?
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12-14-2014, 08:02 PM #2
How can I offer in house financing to my customers?
ExtendCredit.com
- I've worked with them our in house finance program for POS. Additionally, we've worked with them as sales partners to work with HVAC, Medical, and Home Furnishings merchants to provide the same solution we use.
- They have an optional service where you allow them to call your customers who miss payments or bounce automatic payments and charge you a small fee for collecting it, like $5 , and that fee is added into the customers payment.
- They can show you how to set up the solution so that it doesn't cost you anything, because you pass costs to customer ... and in some cases make more than the cost of losses by charging appropriate interest and finance rates.
- Good guys.
RAProfits.com
- Good solution, not as many options as EC, owner is a bit full of himself ... but product is good for basic.
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12-15-2014, 08:19 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
I will PM you.. we provide that service.. up to $3500 no credit check 12 month terms
rg@businesscapitalconsultants.com
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12-15-2014, 10:15 AM #4
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
Check out SPS's product. https://securepaymentsystems.com/ezpay.html
I'm not sure how long they've been offering this product, but they've been in the gift card & loyalty space for a LONG time. Good team over there. Steve Eazell is always at all the industry trade shows.
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12-15-2014, 04:27 PM #5
- Join Date
- Dec 2014
- Posts
- 1
In-House financing
Manage your own In house Finance company with CreditStar. www.creditstarsoftware.com
A properly ran In-House Financing department will make more profit on the investment than the parent company.
Return business is almost guaranteed because your client will already have an account with your business.
Ron
ron@amsoftco.com
American Software & Computers Inc.
800-617-8271
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12-20-2014, 09:20 AM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
There are many solutions to provide in house funding. The right product however depends on the industry, area and average ticket/sale price. SPS can be challenging regarding the businesses they approve, and also hit clients for equipment lease fees- among other things. Touch base with real answers.. rg@businesscapitalconsultants.com
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03-28-2017, 10:16 PM #7
- Join Date
- Mar 2017
- Posts
- 1
Check out Blispay by visiting https://blispay.com/merchants. We have several partners who sell furniture and are seeing success with Blispay.
Entrepreneur Magazine's latest issue (released this past weekend) actually features a story about the success Laura's Home & Patio has had by offering Blispay to customers. We also published a short blog post touching on their results: https://blog.blispay.com/early-succe...o-f01d659eb3ac
A couple more Blispay merchants in the furniture category off the top of my head include:
* https://thefurnitureoutfit.com
* http://www.annerolandfurniture.com
* http://www.modernfurniturestudio.com
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03-29-2017, 12:37 AM #8
synchrony finance, same company that offers rooms to go / city furniture etc..
https://www.synchronyfinancial.com/p...fordevice=trueJerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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04-14-2017, 09:42 PM #9
- Join Date
- Jan 2015
- Posts
- 70
We offer inhouse vendor finance - hack, can even structure a blind-discount down to a zero percent interest rate so your customer think they're getting a real bargain
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04-19-2017, 11:59 AM #10Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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