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Installment Contract Funding and Financing
Installment Contract Funding
Many businesses utilize retail installment contracts to offer additional repayment options for their customers. Doing this enables them to create a larger customer base because their payment options become more flexible. These businesses can then sell these contracts to the East Bridge Network of funding institutions. East Bridge is financially driven to help its clients receive the highest purchase price possible and to aid clients in negotiating recourse, discounts, and payment terms. This can equal a great deal of money as well as decreased risk for the client when looking at installment contract funding for their business.
Installment Contract Financing
East Bridge Funding takes the concept of installment contract funding and uses it to create effective installment contract financing programs for its clients, allowing businesses to offer a flexible, full range consumer finance program to their customers.
East Bridge Funding's approach to consumer finance is to make the most out of every receivable. This is done by creating tiered programs that have sliding scale pay outs based on risk. This program can be utilized by good credit borrowers as well as sub prime or second look borrowers. It is simple really, the better the credit, the more money the business receives for each borrower because the risk is less. East Bridge also realizes that credit score shouldn't be the sole judge of credit worthiness and strives to create programs that factor in other considerations for approval, not just a credit score. This is extremely important for the success of sub prime consumer finance programs or second look programs.
Installment Contract Financing is a great way for businesses to finance more people which generates more revenue. More of their customers are able to purchase the goods and services the business offers. At the same time, they are providing an added benefit to their sub prime borrowers by giving them an opportunity to rebuild and improve their credit ratings.
LEARN MORE
If you are interested in learning more about how Installment Contract Financing and Installment Contract Funding might help your business, please contact us via phone or email, or submit your question via our website by clicking on the link below. We promise to be courteous, helpful, and informative.
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