Make Better Choices for Your Practice

Providing financing directly to customers can result in lower costs, higher sales, improved customer loyalty, and better control over the purchasing process, making it a more advantageous option compared to a discounted upfront payment from a credit company.

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Need more reason to get things moving? Here’s 5.

1. Improved Patient Loyalty & Experience

  • Enhanced Experience: By offering financing, businesses can provide a better purchasing experience, potentially increasing customer satisfaction and loyalty.
  • Relationship Building: Financing programs can help build stronger relationships with customers by demonstrating a commitment to their financial well-being.

2. Increased Average Purchase Value

  • Affordability: Financing can make higher-priced items more affordable, encouraging customers to purchase more expensive products or add-ons.
  • Impulse Purchases: Easier access to financing can lead to increased impulse purchases, boosting overall sales.

3. Risk Management to Avoid Discounts

  • Credit Assessment: We can assess the creditworthiness of customers directly, allowing for more accurate risk management and potentially reducing defaults.
  • Avoiding Discounts: By providing in-house financing, you can avoid the discounts typically associated with upfront payments from a credit company, which can be significant for high-value transactions.

4. Predictable Revenue Streams

  • Stable Cash Flow: Financing plans typically involve regular payments over a period, which can create a more predictable and stable cash flow. This predictability allows for better financial planning and management.
  • Revenue Forecasting: With financing options, businesses can more accurately forecast future revenues based on the installment schedules, helping with budgeting and resource allocation.

5. Access to Capital & Growth

  • Access to Capital: Regular payments from automated revenue can provide a steady influx of capital, allowing you to reinvest in growth initiatives such as new product development, market expansion, or technology upgrades. 
  • Investment Planning: Having steady, predictable, planned revenue can make it much easier to bring in new capital investment. Predictable financing income can support long-term investment planning, helping businesses allocate resources more effectively.

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