ExtendCredit Lets You Imagine the Possibilities...
Payment Plans Help Your Business Grow
Small businesses often struggle with adapting new and innovative methods to increase productivity because their priority is simply staying afloat, especially in an economy in distress. Let
ExtendCredit.com manage your credit and collections department with customized
loan servicing software so we can help you organize the revenue you receive from payment plans now while also creating successful and improved profit-earning ventures in the future. The in-house
financing software is extremely successful with a wide variety of service-based businesses with solutions such as:
Financing Medical Procedures,
Financing For Dental Work, Pet Care Financing and others. Small Businesses that opt to request an immediate down payment from patients so they can distribute profits in a timely manner will discover just how simple and efficient
Financing For Medical Procedures can really be.
Improve Credit Decisions
Many credit check services for businesses are unnecessarily expensive and provide limited support when extending credit to a small business.
ExtendCredit.com offers a more effective and less expensive approach to small businesses by providing instant credit and fraud verification whenever a business should require it. Use
ExtendCredit.com to obtain a written credit application from other small businesses, instantly run a credit and fraud verification, and print out a written credit agreement in real time. With the payment plan established,
ExtendCredit.com automatically deducts monthly payments from the owner(s)' or business bank account and deposits the funds into yours.
Integrated Soft and Hard Collections Services
When a payment is missed,
ExtendCredit.com's trained and courteous support staff performs soft collections and contacts your borrower to resolve the situation. In those rare situations when hard defaults occur,
ExtendCredit.com offers an integrated outside collections service capability to pursue payment while keeping you informed of every step along the way.
Use Payment Plans to Help Grow Your Business
Look at your costs and revenue forecasts and determine if you could dramatically increase sales and profits by designing your own in-house financing plan. Not only does it make your product or service more attractive, but it also makes it more affordable to prospective customers. With
ExtendCredit.com you are also given options that appeal to your company personally. You can option to maintain desirable cash flows by limiting the term of the payment plans to six months or less, determine whether selling a payment as opposed to a price would actually be more profitable and increase sales and extend credit terms to stimulate sales for new products or services that act as an effective "lay away" program.
Convert Outstanding AR to Payment Plans
You can also use our system to transition customers with outstanding accounts receivable balances into a payment plan before the debt defaults and is not collectible.
ExtendCredit.com provides the flexibility you need to effectively and efficiently offer payment plans to receivable accounts.
Click here to learn more.
