
What Choices Are Available When Offering Retail Finance?
For retailers who've never offered retail finance then have a couple of minutes of your energy to discover what it really can perform for the business, what must be done to obtain a facility in position and just what your options are if you cannot obtain a direct facility.
True retail finance involves using Debtor creditor Supplier contracts and needs the store to possess a credit licence with category C coverage onto it. This will allow you to do something like a broker and process credit contracts using your various buying and selling channels IE Web, Shop or catalog shopping.
When searching for retail finance companies are often speaking about Zero interest credit (IFC) as used by lots of large furniture outlets. There's even the Buy Now Pay Later (BNPL) product largely utilized in lo...