How can using a financing partner like Fundation help your business?
Make large purchases less intimidating.
By presenting your customers with financing options up front they are able to turn a large purchase into lower monthly payment installments.
Give yourself a competitive edge.
Offering financing gives you a leg up on the competition that offers similar products but no options to pay over time.
Keep customers engaged.
You may not know it, but your customers are actively trying to secure financing to support their business needs. Securing a loan from banks or alternative lenders takes time and attention. You can reduce the time it takes and keep your customer engaged with you by offering access to lines of credit or term loans through Fundation up front.
Shorten the sales process.
One of the most common contributors to long sales cycles is a lack of necessary capital to make a purchase. Your customer's limited access to funds will never slow down your sales process again with financing.
Encourage loyalty and repeat purchases.
Help your customers get access to lines of credit so they can make multiple purchases from you whenever they need it.
Reduce your risk.
Rather than offer your own payment terms, you can lower your risk when your customers apply for financing. It’s a win win for everyone - you get paid in full up front and your customer can pay back their investment to the bank over time.
Already offer financing?
Even if you already provide financing options to your customers, you can also include Fundation’s offering. Most customers approach several different financial institutions to find the one that works best for them. Here are a few reasons customers like working with Fundation.
Simple online application
Custom solutions to meet unique business needs
Access to funds in as little as 24 hours
Learn more about what it means to be a Kinnek Financing Partner here.