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Benefits of offering customer financing
Benefits of offering customer financing

56% of Americans couldn't cover a $1,000 emergency with just savings. Yet, the average yearly home emergency spending is $2,300.

Updated over 6 months ago

Offering easy, transparent financing can be a massive competitive advantage for your business, leading to better close rates. The average-sized small business can gain one extra job per week!

"One of the big things customers often ask us is if we offer financing because it’s the only way they can get a project done.”

Caitlin - Finance Manager & Wisetack user

Hear "yes" more often during the sales process:

  • $5,000 sounds a lot more attractive when it's presented as $159/month.

  • Selling with the 'as low as' monthly price, helps to prevent customers from experiencing sticker shock.

  • CLOSE LARGER JOBS! With multiple options to choose from, your customers will spend more on projects with financing involved. Jobs financed through Wisetack are 4.5 times larger than other jobs.

  • Financing is on the rise, and customers expect to have it as an option. From 2019-2021 alone, the top financing companies saw a near 1,000% increase in loans issued.

  • An astounding 3/4 of customers look for a business with financing options when browsing online.

ArcSite partners with the best in the business, in Wisetack Financing:

  • Quick and easy application process for your customers, that only takes a couple of minutes to complete right from their phone. There is no impact to their credit score!

  • You receive funding within 2-3 days after the project is complete.

  • Prequalification options, so you know how much your customer qualifies for before ever pricing out their job.

  • 80%+ approval rate for your customers.

  • 88% of customers who financed through Wisetack were happy and relieved it was offered to them.

  • Numerous prebuilt marketing tools to embed on your website, social media, and more, making it easy for customers to interact with your finance offering. Check out THIS ARTICLE to learn more.

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