Offering a low payment option for your high ticket products, procedures, and services can result in a 17% increase in incremental sales and a 15% increase in average order value.
Offering a low payment option for your High Ticket products, procedures and services can result in a 17% increase in incremental sales and a 15% increase in average order value.
Fund My Contract makes High Ticket sales easier & more efficient by giving you Higher Approvals to overcome price objections!
Fund My Contract Consumer/Patient Financing FAQs
Just complete our simple membership application to start offering financing through Fund My Contract. Once you’re in, you have access to our network of enthusiastic third-party financing entities who are ready to work with you to develop the financing programs that fit your customers best.
Any business that offers high-ticket products or services can enjoy a wide range of benefits with a Fund My Contract membership. Close more sales, increase your average ticket transactions, and get paid faster and upfront as your customers enjoy flexible terms and low monthly payments on the purchases they need. Fewer cost objections and access to affordable financing increases customer satisfaction, giving your business more five-star customer reviews.
When you offer consumer/patient financing to your customer base, you are giving them access to flexible financing opportunities with faster approvals and competitive rates. But more importantly, you are fostering customer loyalty by providing a service that benefits your business and the consumer alike by allowing them to pay for the products and services you offer in equal monthly payments instead of the full amount in one lump sum at the time of the transaction.
A soft pull of the customer’s credit is performed prior to a more comprehensive approval process that incorporates more than just credit to determine eligibility for certain financing programs. Additional information such as employment history, debt-to-income ratio, and other factors play equally important roles in offering customers financing.
Most customer approvals are instant, giving your customers the opportunity to purchase your goods and services now, when they need them, instead of waiting for an answer which could result in the customer walking away from the sale.
Simply visit the Fund My Contract website and fill out the application. One of our consumer financing experts will reach out to you to initiate the onboarding process.
Fund My Contract is the fast, easy way to provide HVAC financing options to your customers
When your business provides consumer financing, you boost sales, convert more customers, increase customer loyalty, and drive repeat business. No matter what kind of business you operate, whether coaching / consulting, direct sales, home improvement, dental / medical practices, or retail, modern consumers expect you to offer financing, and providing more flexible payment options helps you attract new customers.
Offering Fund My Contract’s consumer financing solutions to your customers creates a win-win situation. Your business grows while customers, clients or patients benefit from your expertise.
For your business the right financing solution can easily increase your sales by 20% -30%. For your customers, presenting an easy way to pay for those high ticket purchases in low monthly installments increases affordability and satisfies your customers desire for instant gratification at the point of sale.
So what are you waiting for? Contact Fund My Contract to start offering the best consumer financing today and start increasing revenue and delighting your customers. clients or patients tomorrow.
Promote that you offer financing. Some businesses / practices that offer financing for their high ticket products, services or procedures, but don’t take advantage of the marketing opportunities that come with it.
You should not assume that potential customers, clients or patients are aware that you offer finance options. It is important that you let them know. To get your creativity going, here’s some customer finance promotional resources that we’ve put together to help our business partners promote finance.
Bottom line, if you’re not offering the right financing for your high ticket product, procedure or service you’re missing out on potential customers.
Financing is a massive incentive for customers to convert a sale, so if you offer consumer financing be sure to include that fact in your marketing materials.
Try implementing some of the ideas listed above. You may be quite surprised by the result.
Contact the experts at Fund My Contract for more information.
Fund My Contract is the fast, easy way to provide HVAC financing options to your customers