March 20, 2023
1 min read
Nearly half of American consumers aren't eligible for traditional point-of-sale financing solutions, like store credit cards and BNPL options. And customers who get declined for financing are 60% less likely to go on and make a purchase*.
Luckily, there are 2 alternative financing options available:
1) Second Look Loans
How to Convert Your Financing Declines into Loyal Customers digs into the alternative financing options available and provides the playbook to implement them in-store and online.
At the 2023 Shoptalk conference, Koalafi met with retailers, attended panel discussions on the most important trends shaping the industry, and discussed different approaches to common challenges retailers are facing. Here are the top themes our team took away from this exciting and insightful event.
As more and more household name retailers start offering lease-to-own financing, it’s important to consider the ways it can grow your bottom line so you can make an educated decision about whether or not it’s right for your business.
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Koalafi offers Lease-To-Own and Lending solutions. Loans issued by The Bank of Missouri, serviced by Koalafi