HOW Does The Payment Plan WORK?

Our payment plan program makes it easier for customers to do business with you.

Today more stores are turning away customers and losing sales due to bad credit or the customer’s inability to pay upfront.

Secure Fund Solutions payment plan specializes in offering options to consumers no matter what their credit score is.

Benefits to Your Business for the payment plan:

Additional financing options
Increased number of sales
Reduce number of layaways
Repeat customers
Expanded customer base (35% of U.S. consumers have bad credit)
Even if a customer has good credit, the 90 day no credit financing plan gives your store and your customer options
Have the edge over your competition

The merchant has a customer who wants to BUY
TODAY but doesn’t have all the money and needs a payment plan…

Now, the payment plan is as simple and easy as 1… 2… 3…

All the customer needs is a valid driver’s license or other state-issued or military I.D, a valid checking account and a source of income (includes unemployment income, child support etc.)

STEP 1
The merchant calls our 800# and gives our representative the amount of the purchase (up to $2000 unless merchant is approved for higher amounts), the customer’s name, social security number and the name of their employer.

Within just 3-4 minutes they are approved or declined for the payment plan – 75% are approved!

STEP 2
The customer signs a simple one page payment plan security agreement and writes out 4 checks.

The first check is for one-third of the total purchase and will be debited from their checking account within 72 hours.

The 2nd, 3rd and 4th checks are each for one-third of the remaining balance. We will debit the customers checking account 30, 60 and 90 days later.

STEP 3
The merchant runs the checks for the payment plan and security agreement thru the Check Imager and the VeriFone Terminal prints a receipt which the customer signs.

The Transaction for the payment plan Is Complete!

The customer will now have their purchase spread over 90 days.
The merchant will be funded 100% in 48 to 72 hours
Once the transaction is complete the merchant doesn’t have to worry about billing, bad checks or collecting the funds. There is absolutely no recourse or risk to the merchant for the payment plan.

Here are some additional links from other sites on this subject. Thank you for visiting Customer Payment Solutions:

How Does The Payment Plan Work?
How Does The Payment Plan Work?
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Nontraditional Financing Sources: Information from Answers.com