Empower Your Business by Enabling Your Customer
ExtendCredit is an end-to-end, online financial services software platform that enables individual merchants and large enterprises, to create and manage membership and in-house customer or patient financing plans and programs.
It provides the ability to oversee every aspect of the credit and collections process. As the Merchant, you determine your payment terms, interest rates, patient approval, amounts financed, and down payment requirements. End-to-end automation, instant credit and fraud verification, and safe/secure automated payment processing significantly reduces the risk of non-collected payments.
Smart businesses of all sizes are taking advantage of technology and lessons learned during the financial crisis to create a sound consumer financial services strategy that provides choices to enable customers to purchase products and services.
ExtendCredit.com‘s Comprehensive, End-to-End Capabilities:
- Integrated online credit application
- Optional borrower self-service credit application webpage
- Integrated FCRA compliant credit agreement
- You control interest rate, term, and payment cycle
- Integrated, Instant Credit and Identity Verification optimized for near & sub-prime borrowers
- Integrated, safe and secure automated payment processing via ACH with full history lookup
- Integrated Customer Relationship Management (CRM) capabilities
- Integrated email notices and templates for welcome messages and payment reminders
- Support for payment plan changes and manual payments
- Robust reporting and data export for staying in control and custom analysis
- Online merchant self service training and support website
- Extensive merchant configuration options for tailoring to individual business needs.
The Technology of a Financial Services Strategy
Many self-financing programs, that are manually run, are based on recurring monthly charges to the borrower’s credit card. PCI compliant, the ExtendCredit solution helps limit the ever-increasing liability risks the merchant assumes by manually handling credit card information. In addition, by using a mix of financial offerings merchants can better manage processing fees charged by credit card companies. Smart businesses are creating a comprehensive customer financing and payment strategy that includes third party credit and in-house payment and membership plans. ExtendCredit is their first choice, delivering a history for safely and securely protecting all confidential information to aid in compliance with lending and privacy rules and regulations including HIPPA.