Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.
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Businesses that have exhausted normal methods of acquiring capital may find themselves turning to less known methods, such as vendor financing. Like most forms of alternative financing, it’s less a broad solution and more a specific help for small businesses whose needs fall into a specific niche. Is it the best choice for your particular small business financing needs? Read on to find out.
Wondering what deferred interest is? Or if it’s too good to be true? Learn what you need to know about deferred interest here.
As a small business owner, the option to offer financing via Square Installments to your customers is about increasing sales. Your shoppers will like it because financing can make large-ticket items easier to purchase with predictable monthly payments spread out over time, which helps them buy what they want. Let’s take a look at why Square Installments can be an excellent way to offer financing options to your customers, what’s involved in getting started, and how you can make the best of it for your business to improve sales!