Offer finance to your customers in the comfort of their own homes
For sales teams out on the road being able to ‘seal the deal’ on the day is important. Offering monthly repayments is a proven way to close more sales – it can help your business stand out from competitors, enable customers to bring buying decisions forward, and it can lead to higher order values too.
Credit options such as 0% interest free, Buy Now Pay Later, and low rate finance will not only help you close the deal, but it will typically lead to higher order values too.
Selling in customers’ homes is referred to as ‘off trade’ selling, and any business offering finance as part of their sales service must hold FULL permission from the Financial Conduct Authority.
How it works: Offering finance in customer homes
Customers choose the products they require and your sales person provides a quotation and explains the available finance options. The customer selects their preferred option and then your sales person logs into the lender’s system and completes an application form – this usually takes about 5 minutes. Once the lender accepts the customer’s application, the customer will need to eSign their agreement, following which they will be emailed a copy of the ‘paperwork’. Payment is usually made to your business within 48 hours of delivery or installation.