Financing FOr Customers Online

Dan Da Man

Elite Member

May 31, 2011

1,851

939

• Jun 19, 2014

• #1

Hey,

I have an ecommerce site and our products sell for $1,000 - $2,500 and I want to give our customers the option to finance.

I know paypal has the bill me later but what other options are there out there?

A lot of these companies charge the merchant a fee (which is rediculous) and the customer a high APR.

Thanks

 

I

ideascomes

Junior Member

May 14, 2014

120

13

• Jun 19, 2014

• #2

Are you asking for ecommerce payment getways?

 

IamNRE

Elite Member

Aug 18, 2010

7,164

10,717

• Jun 19, 2014

• #3

You could make a payment plan... i.e pay $200 every month or what ever.

Just create a subscription.

 

Dan Da Man

Elite Member

May 31, 2011

1,851

939

• Jun 19, 2014
• Thread Starter Thread Starter

• #4

The only problem with that is if they cancel the subscription. this is for a physical product. Financing companies deal with that which they have a business set up to do that.

Anyone?

 

B

burnett4congress

Regular Member

Nov 17, 2011

400

167

• Jun 20, 2014

• #5

There is a whole world of vendor financing out there. The first step would be to talk to your merchant bank. They will be more than happy to help you out.

Depending on how you go about it and the quality of your buyers, you might be losing a significant chunk of the purchase price.