Point of sale financing is a method of financing that allows customers to access affordable payment plans at the point of purchase. Businesses use point of sale financing to increase sales and improve conversion rates for high-ticket products and services. In today's evolving payments ecosystem, consumers are used to having access to convenient payment options and are more likely to complete (and increase!) their purchase when presented with a way to pay in manageable installments.
Our partners and clients include banks, credit unions, non-bank lenders, financing platforms, original equipment manufacturers (“OEMs”), home improvement companies, healthcare providers, dental practices, DSO's, and retail merchants.
Because we offer both a complete end-to-end financing platform and modularized options, we can customize financing solutions for clients of all types.
In addition, our off-the-shelf platform can be used by businesses who do not require customization and want an easy way to start offering access to financing quickly!
Our platform is product agnostic. We can support traditional installment loans, revolving lines of credit, and same as cash deferred interest promotional offers.
Our technology is omni-channel and vertical agnostic. We have developed custom solutions for home improvement, healthcare, dental, coaching and professional development clients. Wherever a purchase takes place, our technology enables financing at the point of sale.
Single lender financing platforms only serve a fraction of consumers, leaving merchants with a less-than-ideal financing solution and a poor customer experience. By using platform with multiple lenders, merchants can increase sales by providing more customers access to pay-over-time financing options at the point of sale.
Merchants can configure lenders and products to fit their business needs and even integrate their own financing products or lending partners. We can also tailor lenders and products to meet the needs of each partner through our pool of lending partners that includes banks, credit unions, alternative lenders, and wholesale bank partners.
With API-driven technology and a rockstar team, we move fast. Need a solution with a tight deadline, feel encumbered by legacy technology, or don’t even know where to start in accelerating a point of sale financing strategy? We can help you every step of the way!
As consumer demand for financing options at the point of sale increases, lenders and merchants need to keep pace. By working with us, you can remove many pain points to accelerate the implementation of a multi-lender point of sale financing solution.
FinMkt is not a lender. Programs, rates, terms, and conditions are based on the underwriting requirements of third-party lending partners. Offers are subject to change and may expire without notice. Offers are made based on credit approval and will depend on purchase amount, may vary by merchant, and may not be available in all states. Terms, conditions, state, and other restrictions may apply.
FinMkt is committed to maintaining a culture and spirit of fair lending by facilitating access to any and all available offers from its participating lending partners to all qualified consumers without discrimination on the basis of race, sex (including sexual orientation and gender identity), color, national origin, religion, age, marital status, disability, familial status, the fact that all or part of the applicant’s income derives from public assistance programs or to the fact that the applicant has in good faith exercised any right under the Consumer Credit Protection Act. FinMkt takes steps to ensure fair and equitable treatment as outlined in federal fair lending laws and regulations such as the Equal Credit Opportunity Act, the Fair Housing Act as well as other factors included in state and local laws.