Why Offer In-house Financing?

Help your customers buy what they really want, increase customer loyalty, and drive new sales by offering extended credit terms

More results for you and your customers through self-financing plans

More than ever before, consumers lack the available credit or cash balances to accommodate unanticipated expenditures.

Simple in-house financing plans for results

The benefits of self-financing can be substantial for any business:

• Increase revenues while capturing important, high profit services
• Further enhance profitability by collecting interest on balances
• Offer and advertise in-house customer or patient financing and attract significant incremental business
• When marketing a monthly payment as opposed to a cash price, consumers are normally willing to pay significantly more in total for the product or service
• Build true, long term customer loyalty and repeat visits
• Create a predictable and material monthly income stream
• Require down payments adequate to cover hard costs
• Reduce accounts receivable write-offs and improve collections

ExtendCredit.com complements other consumer financing options by offering expanded capabilities not found in conventional 3rd party consumer financing programs.

It Puts You in Control

ExtendCredit is a start-to-finish online lending software platform that enables your business to create and manage your own in-house customer or patient financing plans and programs. It lets you manage every aspect of the credit and collections process. As the Merchant, you determine not only how you'll offer financing to your patients, but how fast your revenue will increase with more successful payments.

Provides Credit Flexibility

ExtendCredit.com is ideal for creating in-house financing plans for customers that don't fit the credit standards or the type of covered transaction dictated by your existing 3rd party lender, but fit your own business' need for a qualified applicant. With ExtendCredit.com, you are able to attract new customers and offer in-house customer or patient financing for procedures and transactions previously rejected for lending. You can also quickly launch special promotion campaigns based around credit terms that drive new business and promote patient-business cooperation.

For many service-based businesses outside customer financing is not available or very limited. ExtendCredit.com enables these businesses to start offering self-financing plans to their customers while controlling repayment risk. With ExtendCredit.com integrated into your personal lending system, instant Credit and Fraud Verification are able to evaluate credit risks just as a 3rd party lender would, while avoiding the high discount fees they commonly charge. It is a poorly kept secret that lenders only approve borrowers with the best credit. Now, with ExtendCredit.com you have the power to determine what level of credit a patient needs to allow financing and keep this revenue rather than pay it to someone else.

Saves Money

ExtendCredit.com's In-house financing software not only saves you money, it saves your patients from spending too much on an outside party's fees. If you are providing in-house financing to your customers using a manual process and handling payments via credit card, ExtendCredit.com will significantly save a significant amount of cost spent on credit card processing fees, not to mention the labor cost expended to manage your manual processes. Your customers will be satisfied because they will not be faced with the onerous interest rates commonly encountered when using healthcare, speciality credit cards, or traditional consumer loans.

Improves Collection and Reduces Costs

Additionally, ExtendCredit.com offers a vital new payment option for managing your accounts receivable balances. You can now offer customer or patient financing plans to existing accounts rather than paying the high cost of sending them directly to outside collections.. You choose which accounts qualify for payment plans, you set the credit terms, and ExtendCredit.com automates the entire process. This management even includes payment processing and handling missed or failed payment. This important capability improves collections returns and cash flow while automating time consuming and error-prone manual accounts receivable management.

Now is the time to put ExtendCredit.com to work for you and re-energize your sales today.