The Benefits of Embedded Financing for Your Business
Traditional financing can negatively affect your business’s financial health. Here’s how Embedded Financing by LendingUSA can help improve your bottom line by addressing common problems:
- Decline in Revenue: When customers are denied financing at checkout, you lose up to 30% of potential sales, especially with high-ticket items.
- Increased Customer Churn: Denial of financing doesn’t just cost you the sale; it also increases customer churn as customers turn to competitors with more accessible credit options.
- Operational Strain: Chargebacks and disputes aren’t just inconvenient—they also increase your operational costs by 10–15%.
- Rising Acquisition Costs: Acquiring new customers can be expensive. When financing is denied, acquiring a new customer can cost 6 times more than retaining an existing one.
What Is Embedded Financing?
Embedded Financing is the solution to these problems. By integrating custom lending options directly into your sales process, you can offer flexible financing options to customers seamlessly.
- Seamless Customer Applications: Customers can apply for financing directly through your branded loan portal, with a simple, user-friendly interface.
- Real-time Credit Decisions: Customers receive a real-time credit decision based on terms that you set, making the process faster and easier for everyone involved.
- Flexible Payment Terms: Set terms that suit your business model. Whether it’s interest-free promotions or customized repayment schedules, you control the terms.
Conclusion: Empower Your Business with Embedded Financing
Embedded Financing by LendingUSA helps businesses increase revenue, reduce chargebacks, and create loyal customers. By offering flexible payment options and taking control of the financing process, you can solve the challenges of traditional financing while improving your bottom line.
Ready to boost your revenue and streamline your financing? To learn more about how LendingUSA’s Embedded Financing can revolutionize your business, visit LendingUSA.com or contact us at [email protected].
Results may vary, and businesses should evaluate their own circumstances before implementing embedded financing solutions. Outcomes and interest rates depend on various factors, including customer credit profiles, loan performance, and the selected risk tiers. Participating businesses assume financial risk, including potential losses from loan defaults. Businesses should carefully assess their risk tolerance and consult with financial professionals before proceeding. All loan approvals are subject to credit evaluation and may vary based on customer creditworthiness. Interest rates and terms are disclosed to customers during the application process. By contacting us, you consent to our collection and use of your information in accordance with our Privacy Policy.
