Personalized Customer Service
to Increase Your Sales
$22 Million
Total Loan Originations as of July 2022
Custom Solutions
for Most Retail Businesses Nationwide
About Our Retail Lending Program
From pianos, hot tubs, HVAC systems and other home improvement projects, our team has the experience and deep expertise in consumer lending, to help you increase sales, improve margins, and create stronger, long-term relationships with your customers for repeat business.
Using our technology enabled model, FinWise Bank can help determine the best financing options for your customers and help you close deals faster.
Why Choose Point of Sale
Give your customers options to finance your products or services.
Our Retail Lending Program gives your business the ability to offer payment options and financing to your customers.
- Financing between $1,500 – $50,0001 (higher amounts are on a case-by-case basis)
- Technology enabled application and approval process for faster decisions depending on time of day and availability2
- Attractive customer benefits
- No origination fees
- No prepayment penalties
- Dedicated customer support team for loan support
- Attractive dealer/merchant benefits
- No dealer fees
- No merchant fees
- No annual minimums
- Dedicated support representative for personalized service
What type of retail business is this program for?
Piano and Musical Instruments
Hot Tubs and Spas
HVAC and Home Improvement Projects
How It Works
How to enroll and offer your customers financing options
Complete the Merchant Application
We Train & Support Your Team
Share Your Custom Store Page to Start Increasing Sales
How it works for your customers
1
Apply for the loan
2
Deliver your product
3
We Typically Fund You Within 1-2 Business Days and Then Serve Your Customer Over Time
Why FinWise Bank.
Our retail lending program provides financial flexibility that can set your business apart from competitors and includes:
- A customized and secure online portal allows businesses to submit applications, communicate with loan officers, and track funding.
- Better rates and faster turnaround than other banks.
- Deep experience in consumer lending.
- Responsive, personalized customer service.
- Strong customer satisfaction.
- Our proprietary automated technology offers lending nationwide.
Schedule a virtual demonstration at your convenience.
Book a 30-min demo to see our new online portal and find out how we can help your business increase sales.
What Other Retail Store Owners Say About Us
DISCLOSURES:
1 – All loans are subject to eligibility criteria and a review of creditworthiness and history.
2 – Approval and funding speed refer to applications submitted during normal business hours (Monday-Friday, 9 AM – 5 PM MT.) Delays could occur due to unforeseen circumstances, including if more information is needed to complete an application.
FAQs about point of sale lending program
Our experts answer your questions.
-
Do you charge pre-payment penalties?
No, the customer can pay off the entire balance at anytime with no fees.
-
What is your point of sale lending program process?
Your customer submits an application and, if approved, you can continue the routine sales process. Funding for their purchase occurs 1–2 business days after confirmation of delivery of product or completion of work.
-
What do you offer?
We offer a no-cost funding option to merchants as well as competitive rates for customers.
-
What are the requirements for your retail services?
- Must be a retail merchant within the verticals we serve.
- 3 years minimum in business.
- Must complete merchant application form.
No questions matching current filter
FinWise moves you forward.
We adapt in ways traditional banks won’t. Learn how our forward-thinking philosophy benefits you.
Secure and Insured
Your trusted financial partner.
Our commitment to your financial well-being means we never sacrifice credibility for progress.
