Business|Customer Satisfaction|Financing
Consumer Financing Options: Growing Your Client Base and Increasing Sales
There was a time when consumer financing programs were solely reserved for mortgages, auto dealers, and big box retailers. Now a wide variety of small businesses, online retailers, B2B operations, medical practices, and more are using consumer financing to drive sales and grow their client base. What Are Consumer Financing Programs? Most consumers are used…
Read MoreBuilding Your Loan Portfolio: How Indirect Lending Can Play a Key Factor
The ever-changing lending environment presents significant challenges to banks and credit unions. When establishing and managing your vehicle loan portfolio, it is critical to diversify your lending options so you can increase your bottom line and improve your client retention and relationships. One way to accomplish this is through indirect lending. Indirect auto loans help…
Read MoreHow Indirect Lending Improves Client Retention for Banks
Customer retention strategies in the banking industry are an extremely important metric for credit unions and banks as they track their lending efforts and seek to stay relevant for current and future customers. In addition to individual customers seeking financing, the United States is home to over 33 million small businesses, many of which are…
Read MoreCustomer Financing for Small Business: Why it’s Important for Your Dealership
If you’re the owner of a dealership, large or small, offering financing to customers is a great way to attract more buyers. For most consumers, purchasing a new or used vehicle, boat, or RV is a major financial commitment. Customer financing for small businesses not only gives consumers the flexibility they need but also signals…
Read MoreThe Top 5 Benefits of Offering Flexible Boat Loan Options
Flexible financing options are an important offering for any dealership looking to maintain high customer satisfaction. This includes boat and marine dealers! Working with a trusted F&I services company like Web Finance Direct is one of the best and easiest ways that boat dealers can expand their boat loan offerings and provide the best boat…
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