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Blog -
Start offering consumer financing to your customers and increase sales by 25% (Oct-13-2008)
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iBill, Inc (www.iBill.net) is a groundbreaking financing option that will allow any of the 165,000 new small and home-based businesses that are formed each month across the U.S. to start offering consumer financing to their existing and potential customers without any qualifications needed from the business.
This is something that has never been offered to businesses of this size and because of that we believe we will see enormous results within just a few short months.
iBill has developed an innovative and flexible payment solution for small businesses to offer consumer financing to their customers, making it a win-win situation for both small businesses and their customers.
Customers that fit the iBill profile are ones that have:
• Lack of funds at the time they want to make the purchase;
• Credit cards that have reached their limit;
• Interest rates that exceed their ability to pay.
• Want to pay over time
Small businesses that fit the iBill profile want to:
• Take advantage of every potential sales lead;
• Maximize their advertising dollar by converting more leads;
• Up-sell their customers.
The key to the whole program is that iBill is not financially backed by an financial institution, which allows iBill to offer a drastically lower interest rate on the amount financed to the consumer. iBill differentiates itself from large finance companies by allowing small / home based businesses an immediate method to increase their business by up to 55% through short-term financing. Opposed to financial institutions and credit cards that lend money for long-term loans at debilitating interest rates, iBill creates greater purchasing power for those who are otherwise unable to buy. Customers pay iBill directly, which allows for less risk of non-payment from customer to business.
There are no set-up fees and no interest fees required by the small business for using iBill's services. A 7.9% interest rate to the customer makes it affordable and convenient. Once they become iBill members, smaller businesses generate more sales, have a steady cash flow, and have a larger presence because they offer financing. Cornering the market on non-institution backed financing stimulates the suffering economy by allowing the small business owner the financial security to stay in business and flourish. visit iBill at http://www.iBill.net
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