Consumer Installment Contract Business Finance
Companies who sell products and services to customers often experience cash flow difficulties associated with customers who pay in installments. Financial gaps like these can create extreme difficulties for companies in terms of growth, expansion, and the ability to pay employees and finance business overhead expenses.
Many companies must act as the intermediaries between suppliers and consumers, providing an important service. At Business Factors, we understand the importance of consumer installment contracts, which is why we specialize in providing business finance for consumer installment contract based businesses, from loans to factoring and financing. Our financial experts will work with you every step of the way to find the solution that fits your needs.
Frustrated by the limited consumer installment contract options offered by traditional banks? Then Business Factors is the solution for you. If your company provides financing to customers for any type of product or service, you can get cash for those consumer installment contracts with Business Factors.
We can process nearly any type of consumer installment contracts. The two types of consumer installment contracts we buy are:
Flow Business – Consumer contracts are sold as they are created, which includes credit approval and real-time price quoting to the seller on a day-to-day basis. The seller creates the contract, and after it is priced, approved, and completed, it is immediately purchased.
Portfolios – A large batch of consumer installment contracts sold all at one time. Depending on the seller's availability and cash flow requirements, portfolios can be sold weekly, monthly, or quarterly.
Some examples of consumer installment contracts that qualify for purchase include:
- Gym/health club memberships loans
- School tuitions of all types (including college loans)
- Time-share memberships
- Cosmetic surgery fees
- Country club memberships
- Travel club memberships
- Major appliance purchases
- Furniture sales contracts
- Many more
Instead of waiting months or even longer in some cases to receive payment, your business can receive the funds that you need, when you need them, to pay suppliers, fund new sales, purchase supplies and equipment, pay employees, and to fund other related expenses.
Contact us today to begin exploring your consumer installment contract business finance options with a free consultation and quote.
Consumer Installment Contract Financing
If your company sells goods or services to consumers through an installment contract, consumer installment contract financing can help you to:
Home Improvement
Many different types of businesses have found the perfect solutions to their cash flow problems by taking advantage of the consumer installment contract business financing programs that we offer, including:
- Home Improvement companies
- Computer Hardware
- Health industries
- Education industries
- Fitness Centers
- Consumer Goods
- Medical/ Dental
Imagine how much revenue you could generate if you not only had the ability to provide financing and installment plans to your existing customers, but were able to offer these services to a wider customer base as well, including accounts that you were unable to approve previously.
If you are ready to speak with a qualified Business Factors consumer installment contract business financing expert, contact us today to receive a free quote with absolutely no obligation.