Turn a “Let me think about it” into a “Of course I will get this today”.
Today’s consumers expect flexibility and experience when paying for treatments, services or physical good.
Consumer finance one of the best way to do this, whilst also making it even more affordable for them.
It has become an important criteria for consumers, who actively seek it. But it is also a key strategic selling and growth lever for businesses.
Our approval rates of over 80% are the highest our clients have ever seen. And their businesses are booming as a consequence.
Why not add finance to your payment options today and generate even more revenue for your business.
The finance specialists – how can we help?
Why offer retail finance?
Finance has the potential to be transformative for businesses. As well as helping to fill up your diary with treatments if you’re a dentist, or ensuring your customers can buy premium lenses for their frames, finance makes it easier for you and your customers.
Finance brings a wealth of benefits to any practice or business:
- Increased take up of treatments, services or products
- Improved ability to upsell or cross sell additional services
- Makes it easier to increase the average transaction value – so patients can accept the most comprehensive treatment rather than make compromises
- Ensures you can charge a fair price for your treatments, services or products without having to discount, thereby impacting your bottom line
- Improved customer loyalty
- Enhances patient satisfaction
- Creates a re-engagement touchpoint upon the end of the financial agreement for new lenses, or a different treatment
- Full payment in a matter of days
- Removes any credit control risks
And that’s just the business benefits. For patients and customers, they get:
- 0% finance on their treatment or purchase
- Better budget management as they know what will come out of their account and when
- No deposit options
- Easy process they can complete in practice or at home
- Instant decision
- The ability to afford the best treatment or product
Why approval rate is the most important number to look at
To date, many providers have focused on the subsidy rates that a practice/business has to pay to may finance available to their clients.
But this is looking at finance in the wrong way. That is looking at finance as a means to pay, rather than a means to sell. And finance is there to help businesses do business.
That is why the most important rate than should be looked at is the approval rate. Put simply, how many people are likely to be approved through this funder?
Most businesses would rather have 99% of something, than 100% of nothing. Finance is no different.
To drive growth, focus on approval rates. This is what will drive more business and more revenue for you.
With over 80% approval our clients are seeing the highest approval rates they’ve experience. And you can too.
Do your patients need help funding their treatments? We know not everyone has the money readily available to pay for their treatment upfront.
Treatment Finance is an affordable alternative to traditional payment options. Patients will always want the best they can afford. Treatment Finance helps them afford the best.
The process is incredibly simple, the application takes less than 3 minutes to complete and a decision is made instantly. So the patient can start thinking about the end point of their treatment, and your team can focus on planning their first appointment.
We’ll get more patients approved than other funders, so your diary will be more filled than ever before.
Businesses that offer a retail finance facility to their customers find that purchases are generally higher in value, as well as being more frequent.
Esipay is our retail finance service that gives customers the option to spread the cost of their purchase. And because the outlay is cheaper than the full cost, they will likely add something else into the basket.
So it helps you sell more, helps them feel like they are paying less, and helps maintain your margins.
Unlock the true potential of retail finance with EsiPay, the leading retail finance solution that gives your customers the freedom to buy what they want, when they want.
We make the process quick and easy, from our rapid system integration to the customer application form. Don’t take our word for it, our retail partners will tell you what impact our intelligent technology combined with strong financial backing and sector expertise can have on sales.
Give more customers a ‘Yes’ with our outstanding approval rates.