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Innovative Consumer Financing Solutions Now Available For Small &...
Innovative Consumer Financing Solutions Now Available For Small & Mid-Sized Retail Merchants…
November 8, 2011 Small Business news in Boston,Massachusetts, United States of America
Customer Financing Is Becoming Less And Less Accessible Today! Innovative Consumer Financing Program Helps Retail Businesses Offer Their Customers In-House Financing And Close The Deal!
FOR IMMEDIATE RELEASE
Boston,
Massachusetts,
United States of America
(Free-Press-Release.com) November 8, 2011 --
Statistics released from FICO Inc. show that 25.5 percent of the 170 million Americans with active credit accounts have scores of 599 or below on the 300 to 850 scale, based on data from April 2011 consumer credit reports. Recent industry trends suggest a deteriorating consumer credit profile for the next foreseeable future.
What Does This Mean To The Retail Merchant?
At the practical level, retail merchants routinely report that almost 50% of customers who walk into their store and request customer financing are being declined. Major high ticket merchants who offer customers financing through the big banks and financial institutions are finding that the only applications getting approved have Fico scores of 700+. And with the forecast of further deterioration, the typical retail merchant should expect even fewer customers being approved in 2012!
Imagine This Scenario!
The typical retail merchant spends scarce resources to advertise and bring in potential customers only to see 50% or more of their potential customers and/or revenue walk out the door because they were unable to offer the appropriate customer financing program. This results in high acquisition costs, low revenue, lower gross margins and lower profitability for the lucky ones.
The Retail Merchant’s Solution
MVO & Associates, LLC represents a company that has $2Billion of money to lend to most any kind of buyer, even with credit scores as low as 580. Customers can finance from $1,000 to $30,000 (in many cases as low as $500). Retail Merchants receive 100% of their money up front and their customers are given 12 to 72 months of easy payments. And there is absolutely NO risk or recourse to the Retail Merchant.
All types of businesses are seeing a tremendous increase in income such as contractors, kitchen & bath remodeling, driveway and landscaping, furniture chains, electronics, automotive repair, motorcycle & RV sales, doctors, dentists, and even hospitals among many others.
This innovative customer financing solution is enabling small and large businesses to make it possible for many more of their potential customers to buy what they are offering!
Small and mid-sized business owners are ecstatic when they see how easy it is to increase their bottom line by thousands per month and large companies are already seeing millions in increased sales!
For More Information About This Exciting program, Watch Our Merchant Presentation Or Give Us A Call!
About MVO & Associates, LLC
We Help Small & Mid-Sized Businesses To Make Fair And Affordable Credit Accessible To Today’s Consumer!
We Help Small Business Succeed - When Banks Say NO, We Say YES!
More information can be found online at http://www.mvo.rightbusinessservices.com/customer_financing.html
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