What Things Need to Consider When Offering Consumer Financing

888-272-7228 [email protected] WHAT THINGS NEED TO CONSIDER WHEN OFFERING CONSUMER FINANCING FOR SMALL BUSINESS The POS Financing Gateway Leader Charge After INCREASE DEBT There is always a risk of debt when you providing your customer with consumer financing. Sometimes the loan provider may terminate the loan on behalf of the the Customers or may cancel agreements. Even if you are providing a loan from a third party they may charge you some extra money and a small business may end up in debt. IS YOUR CUSTOMER ELIGIBLE If you are providing customer financing, make sure to tell everything about it to your customers. if they are eligible to ADD TO the Customer financing approve benefits. How they can choose the method while paying for the product they are buying and what are the credentials needed for it. COST OF OFFERING CONSUMER FIΝΑNCING You need to know when to provide your Customer with consumer financing and when to not. Few products can be costly, and if you are a small business owner, then it could be tough for you to provide your customer with the type of finance. ADD TO GART CONSUMER FINANCING Consumer financing should help both the customers and the business owner or else it won't be of any use if you might not see any growth by offering customer financing. There should be a flexible way for the customer to pay for the product they brought but remember the amount you need to get while selling them the product. 24 399 Park Ave New York, NY 10022 $92.000 $79,000 S65,000 CHARGEAFTER.COM