Interest free credit for retailers
Interest free credit for retailers
Author
Discussion

Peter Empson

Original Poster:

336 posts

303 months

Friday 29th September 2017
quotequote all
I am looking at offering Interest Free Credit to my (hi-fi) retail customers but it's years since I last did this and I'm not really sure where to start looking. Does anyone have an recommendations for which firms offer a good reliable service and a competitive rate?

I would only want to offer it on sales over £2k (to keep the costs down) and would hope I could do somewhere near £20k to £30k in the first year.

Any suggestions gratefully received!


Zoon

7,305 posts

151 months

Friday 29th September 2017
quotequote all
V12 seem to do quite a bit for the online retailers.

https://www.v12retailfinance.com/

SAS Tom

3,755 posts

204 months

Friday 29th September 2017
quotequote all
Not sure on the costs etc but we were with V12 and moved to close brothers as it worked out better for us.

V12 seemed to say yes to pretty much everyone whereas close brothers can seem quite picky at times.

The Moose

23,684 posts

239 months

Friday 29th September 2017
quotequote all
SAS Tom said:
Not sure on the costs etc but we were with V12 and moved to close brothers as it worked out better for us.

V12 seemed to say yes to pretty much everyone whereas close brothers can seem quite picky at times.
Surely for you then V12 would be better?

POORCARDEALER

8,668 posts

271 months

Friday 29th September 2017
quotequote all
SAS Tom said:
Not sure on the costs etc but we were with V12 and moved to close brothers as it worked out better for us.

V12 seemed to say yes to pretty much everyone whereas close brothers can seem quite picky at times.
Close were the same in car finance

Peter Empson

Original Poster:

336 posts

303 months

Friday 29th September 2017
quotequote all
Thanks ever so much for the replies, I knew I could rely on PH! smile

SpeedBash

2,794 posts

217 months

Saturday 30th September 2017
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Audicab

496 posts

277 months

Saturday 30th September 2017
quotequote all
Dividebuy are a reasonably new supplier who we have worked with recently and seem to offer a good service. https://dividebuy.co.uk