Business|Customer Satisfaction|Financing
Customer 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 MoreBuilding Your Loan Portfolio: How Indirect Lending Can Play a Key Factor
The ever-changing lending environment presents a number of challenges to banks and credit unions. When establishing and managing your vehicle loan portfolio, it is critical to maintain the proper balance. This will not only help you increase your bottom line, but improve your client retention and relationships as well. That is where indirect lending comes…
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…
Read MoreHow Indirect Lending Improves Client Retention for Banks
Client retention is an important metric for traditional lending channels, such asWith over 30.7 million small businesses in the United States, entrepreneurs need a reliable source for financing. Since the Great Recession, however, many small business owners do not meet the requirements for traditional loans, have reached their borrowing limits, or need a program that falls…
Read MoreConsumer Financing Options: Growing Your Client Base and Increasing Sales
There was a time when consumer financing options were reserved for automobile dealers and big box retailers. Now, small businesses, online retailers, B2B operations, medical practices, and more are using consumer financing to drive sales and grow their client base. What Is Consumer Financing? Most consumers are used to making purchases and paying in full…
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