0% APR Promotional Cards
Business Loans
Commercial Loans
Customer Financing Program
Unlocking Growth: How HelloRates’ Full Spectrum Financing Can Transform Your Business
In the competitive worlds of home improvement and medical services, securing reliable financing solutions for your customers or patients can be a game changer. At HelloRates, we offer a unique full spectrum financing solution that sets us apart from the competition. Our ability to approve loans for individuals with FICO scores ranging from 500 to 850 means that more of your customers and patients can access the financing they need. Discover how HelloRates can help you grow your business and increase customer satisfaction.
HelloRates stands out by offering full spectrum financing that covers a wide range of credit scores. Unlike other providers, we can approve loans for individuals with FICO scores as low as 500 and as high as 850. This exclusive feature allows us to provide financing options to a broader audience, ensuring that more of your customers or patients can access the funds they need.
Impact on Sales and Profits
- Increased Sales: Businesses offering financing options see an average increase in sales by 20-30%. This is because financing makes products and services more accessible to customers who might not have the funds available upfront
- Higher Transaction Values: The average transaction value can increase by 15-25% when financing options are available. Customers are more likely to spend more when they can spread the cost over time.
- Improved Cash Flow: Offering financing can lead to a 10-15% improvement in cash flow, as payments are spread out over a longer period.
Impact on Customer Satisfaction
- Increased Customer Loyalty: Businesses that offer financing options report a 20-25% increase in customer loyalty. Customers appreciate the flexibility and trust that financing options provide.
- Higher Customer Retention Rates: Customer retention rates can improve by 10-15% when financing options are available. Satisfied customers are more likely to return for future purchases.
- Positive Word-of-Mouth: Offering financing can lead to a 15-20% increase in positive word-of-mouth referrals. Happy customers are more likely to recommend your business to others.
These statistics demonstrate the significant benefits of offering customer and patient financing, not only in terms of increased sales and profits but also in enhancing customer satisfaction and loyalty.
Benefits for Home Improvement Contractors
- Increased Loan Approvals: With HelloRates' deep credit checks, more customers are approved for loans, leading to higher sales and profits.
- Higher Sales and Profits: Financing options that cater to all credit types mean more business opportunities for you.
- 0% APR Promotional Options: Offer your customers interest-free financing for up to 21 months, making your services more attractive.
- Commercial Loan Programs: Special financing options for B2B sales, such as commercial roofers and equipment suppliers.
Benefits for Medical Practices
- Patient Satisfaction: Provide financing for a wide range of medical services, including dental, chiropractic, veterinary, aesthetic, med spa, and plastic surgery.
- Higher Approval Rates: Approve patients with challenging credit scores, ensuring they receive the care they need.
- No Harm to Credit Scores: HelloRates ensures that patients' credit scores remain unaffected by the financing process.
Why Choose HelloRates
- Industry Game-Changing Technology: Our financing platform is powered by AI and machine learning, optimized with nearly 100 lender partners to provide the best rates and terms.
- Best Rates and Terms: Offer your customers and patients the lowest rates, best terms, and most favorable payment options.
- No Dealer or Merchant Fees: Unlike competitors, HelloRates does not charge any per loan fees, saving you money.
- High ROI: Our flat rate financing pays for itself with just one additional loan approval tied to a sale.
HelloRates' full spectrum financing is the ultimate solution for businesses and medical practices looking to enhance sales, profits, and customer satisfaction. By offering financing options for all credit types, HelloRates helps you serve more customers and grow your business. Embrace the future of financing with HelloRates.
Patient Financing Demo
