Why Financing

Without alternative financing options many customers abandon purchase and retailers let millions of dollars in revenue walk out the door.

Empowering Entrepreneurial Growth

Why Don't They Buy?

Sales persons have many excuses and reasons “why customers don’t buy”. Research by experts in retail sales however have honed down the primary reasons consumers don’t buy. Although, there are many variations of the “Big Three” below over 85% of lost sales opportunities can be linked or attributed to some variation of these “Big Three” depending on the industry.

Unlocking Consumer Choice

Affordability

Most people don’t go shopping without some expectation of spending money. Retailers must realize that more important to the consumer is “affordability”. If a shopper spots an item that is tagged with a as low as “$39/mo” rather than $1995.00 on sale for $1475.00! A shopper is 3 times as likely to buy, if they like this item AND see how easy it is to afford! Remember for purchases > $500, over 70% of consumers prefer “terms” to price!

Unlocking Consumer Choice

Value

If a consumer doesn’t see the value of “buying today” they often make excuses such as “I’ll be back on payday” or “when I get my tax refund”. Usually because they are too polite to say, “I don’t think this is something that I like enough to afford it”. Or “I’m going to shop on line or at your competitor”. It is imperative to give the consumer a “reason to buy today”. A sale or promo such as “6 mo same as cash” is usually enough to get to the next step in the sales process.

Unlocking Consumer Choice

They don’t trust the merchant or the price

Often the consumer fears making a decision. If he has never dealt with you before, he has to decide whether to trust the merchant as well his pricing and return policy. Financing creates trust in the merchant’s ability to do as he promises. It also creates “Customer Loyalty”. Imagine the lifetime value of a good customer that knows he can finance goods/services at your store!

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Unlock unprecedented profitability and customer satisfaction by presenting 'Financing For All' with ZipLoan — your foremost choice in customizable, no-credit-needed retail financing solutions fostering '100% Approval Programs' for all credit types. Start offering affordable, premium payment solutions and propel your business towards success.

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A consumer finance is a financing method which allows specific businesses to offer financing options to their customers by taking help from an established and professional finance company. The consumer finance can be helpful for both consumers and businesses. Through consumer finance, consumers would have the option to give pocket-sized and fixed monthly payments for a certain amount of time. With consumer finance, the buyer would not have to worry about making an enormous upfront payment. It provides for a fast approval process for the applicants and includes various industries like in-home direct sales, dental, medical device financing, and more.

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How often does it happen that people miss a couple of their credit payments? Pretty frequent right? Or maybe you have a history of bankruptcy? or a County Court Judgement has been awarded against you which left you with a not-so-good rating? Well, no need to worry anymore! In case you have a poor credit rating, we are here for you! However, before you take a loan or a mortgage from us, you might want to take a step back and think about various things related to it such as,