--- title: Flexxbuy + The Perfect Customer Financing Solution description: Is your business not offering your prospects a customer financing option because the solutions available to you aren't just right? image: https://articles.flexxbuy.com/hubfs/AI-Generated%20Media/Images/An%20image%20of%20a%20business%20owner%20or%20manager%20contemplating%20different%20customer%20financing%20options%20for%20their%20prospects%2c%20weighing%20the%20pros%20and%20cons%20of%20each%20opt.jpeg --- # ATurn a  clear and bold heading ![angry business person](https://articles.flexxbuy.com/hs-fs/hubfs/AI-Generated%20Media/Images/angry%20business%20person.jpeg?width=500&height=500&name=angry%20business%20person.jpeg "angry business person") # Are You Not Offering Prospects A Buy Now, Pay Later Option Because The One You Have Isn't Perfect? Is your business not offering prospects a customer financing option because the solutions available to you aren't "good enough"? We hear it all the time. - "The process is too hard" - "It takes too long" - " There are too many declines" - "The interest rates are too high" - " The cost to my business is too high" These are just the greatest hits. We hear many excuses as to why businesses leave customer financing options on the shelf. I never like to dismiss objections. People have reasons for taking, or not taking, actions. And there could very well be validity in the objections. But here's the question I always come back to. If you don't offer financing to that person at that moment, what is the alternative? Are you letting perfect be the enemy of good? The question every business owner and manager has to ask is, what is a sale worth? And the flip side of that question is, what is the cost of losing a sale? Flexxbuy has over fifty customer, client and patient financing lenders spread over two multi-lender platforms. We also have a number of off-platform lenders available to our clients. And I have some bad news. There is no perfect solution among any of them.  If you are looking for a reason not to offer customer financing as an option, you can easily justify that reasoning. As I said, we have an entire menu of imperfect customer financing options.  But, if that individual has no other way to complete your transaction, you should also have solid reasoning for losing a sale and revenue.  Let's take the "greatest hits" one at a time. ### "The process is too hard" I don't know about you, but I've done many things in my life that were were difficult the first time I did it and then got easier over time. Of course, our objective is always to give the user the friendliest experience possible but the bottom line is that we are dealing with individuals trying to borrow money without collateral and most of these people have imperfect credit in their own way. Wouldn't you take pre-cautions if it was your money you were lending out? From your standpoint, the process will get easier the more you do it and you know what to expect.  ### "It takes too long" The goal is, whenever possible, to provide our clients with one of our point-of-sale lender(s) that will approve an application and allow you to complete your sale quickly.  Unfortunately, no business or solution is one-size-fits-all, so that isn't always possible. Sometimes, the best, and/or only option is a solution that could take one to three days, or longer, to finalize. If you are working with an individual that has no other option for paying, you're at a crossroad. Offer a plan b, or lose the sale. So here's the question you have to ask yourself, *is a sale later better than no sale at all?*   ### "There are too many declines" So, if you are at the point of a sale cycle where push comes to shove and it's time to collect money but there's no available path to get there, what do you have to lose by submitting an application? Now perception is everything. We have clients that want approvals every single time (we have some solutions that can do that) and anything less than perfection is "too many declined". But regardless of your expectations, even under the worst odds of success, you are still better off than with what's in front of you otherwise. An approval and subsequent funded transaction is a sale you otherwise wouldn't have, and a decline leaves you no worse off. Roll the dice. You may be surprised.  ### "The interest rates are too high" Here's the thing and with all due respect, it's really not your job to get into a person's head and decide for them what's an acceptable or unacceptable loan term, for them. Just because you consider and interest rate too high doesn't make it true for your customer. They may REALLY want the product or service you're presenting them. Maybe, they intend on paying the loan off in a relatively short time so the rate isn't that important. Or perhaps, the monthly payment fits into their budget so they don't care. Undoubtedly, interest rates as a whole are higher today than they were a year or two ago.  And consumer credit ratings have taken a hit over that time as well. It really stinks, but the reality is that if you want money, it's more expensive than before. Allow your prospect to make the decision on what is right for them. Make it clear that these loans are being offered through a third party and they are no reflection of you. Most people also also know when they've crossed over into being high risk. Submitting an application to find out is easy and risk free, so let your prospect give it a shot and come to their own conclusion. ### "The cost to my business is too high" I will never tell you what is best for your business. All I can do is encourage you to ask yourself the right questions. Some businesses, particularly those that sell expensive physical products, have a low profit margin and a high merchant discount rate (MDR) could make a sale impractical. Other businesses sell an intangible service that has a very low cost of delivery. The question every business owner and manager has to ask is whether a partial net profit is better than no sale (profit) at all?  You should think about the cost, time and effort required to get that prospect to the brink of a sale. Think about the referrals that will or will not occur based on the decision you make to go forward. I don't want to over simplify this decision because sometimes there are complex elements in place. In some cases, processes and commission structures have to be altered to accommodate a reduced net sale. Only you can answer these questions, but most business owners we take through this thought process come to the conclusion that something is better than nothing. ### The Bottom Line The perfect customer financing solution is the holy grail. Beauty is often is the eye of the beholder. Business owners and managers have to be problem solvers. The most important problem that almost every business has to solve is how to make the most out of what you have.  In your sale cycle, it's generate the most leads, get the most prospects, and convert the most sales. It's about efficiency. Make the most of the payment puzzle and you will find your business on a path to success.  ### Complete the form below to learn about FLEXXBUY's Customer Financing Options ## When Your Customer Needs To Finance The Sale ### Flexxbuy Provides One Simple Application That Is Submitted To Multiple Lenders Flexxbuy provides a solution for almost every business- big or small, any product or service, store, office or home-based   Here are some key features: - Over 50 lenders - Instant decisions - Rates starting at 4.99% - Amounts from $500 to $100,000 - All credit invited - 0% promotions available - 100 Percent Approval Programs Available ![Trustpilot Review - Jon-1](https://articles.flexxbuy.com/hubfs/Trustpilot%20Review%20-%20Jon-1.png "Trustpilot Review - Jon-1") [ Ready to get started? Click Here to Enroll Now! ](https://flexxbuy.com/new-merchant-application/)