Point Of Sale Consumer Lending: US Retail Payment Over Price Financing Launched

Charlotte,United States - July 4, 2022 /PressCable/ —

Zip Loan has launched point-of-sale (POS) financing to help retail stores and service businesses integrate incremental payment options into the checkout process and increase their earnings on big-ticket items. POS financing options are available at zero interest, feature quick approval, and are available to home improvement stores, jewelry stores, medical facilities, and retail outlets.

More information is available at https://www.zip-loan.com

The newly announced financing service was created to help small business owners increase their sales without the financial risk that comes with offering traditional payment plans. By choosing a financing plan through Zip Loan, businesses can offer payment-over-price options to all customers regardless of their FICO score.

According to recent studies on consumer habits, customers are three times more likely to purchase an item when offered a payment plan, even when the item’s price is over the customer’s original budget. Financing options allow customers greater flexibility in their purchases which translates to higher sales. The availability of payment plans has also been shown to increase a customer’s trust in a brand or business.

Zip Loan offers businesses safe and affordable options for financing purchases of any size.

The company’s multi-lender platform allows merchants to offer loans to clients across the entirety of the credit spectrum. Payment options are available for clients with prime, near-prime, and sub-prime credit. The platform also allows businesses to offer pre-approved loans at checkout without affecting an end customer’s credit score.

In addition to financing for businesses, the company also offers personal and business loans. Loan types including bridge and commercial real estate loans are available and can be approved within 24 hours. Since loans are approved based solely on a client’s sales, clients with low credit scores are also eligible to apply.

With the latest announcement, Zip Loan remains committed to helping business owners grow their sales by offering flexible payments.

“Zip Loan is a leading provider in retail consumer financing, offering a wide variety of flexible payment plans for our members,” said a spokesperson for the company. “In addition to providing installment and lease credit, Zip Loan offers a diversity of credit promotions, thanks to our vast network of financing companies.”

Interested parties can find more information on the financing options available through Zip Loan by visiting https://www.zip-loan.com

Contact Info:
Name: Josef Toth
Email: Send Email
Organization: Zip Loan
Address: 307 West Tremont Avenue Suite 200, Charlotte, NC 28203, United States
Phone: +1-877-308-0088
Website: https://www.zip-loan.com/

Source: PressCable

Release ID: 89077835

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