Simon Acres Group Ltd has launched a smart finance solution that they believe will provide valuable support to retailers, as they negotiate new ways of doing business to deal with COVID-19.
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The ‘businesses to business introduction’ package works differently to other finance options, making it ‘a simple to understand offer that is easy to implement, without the need for FCA accreditation.’
‘We had already received a lot of interest in our finance solution when we soft launched it last month,’ says director Simon Acres. ‘In the current circumstances it is now even more valuable, as a tool that will support increased sales conversions with higher project values.
‘The key difference of our offer is that the individual customer finances themselves at the point of sale in the showroom. The transparent offer is made with variable interest-bearing options, and via a portal, an instant decision is made with funds then deposited to the customer. The customer simply purchases via the retailer’s standard terms and conditions.
‘Retailers can access this service with no fuss and will be fully supported with POS and training. Because the finance is arranged direct with the consumer, there is no time lag for the retailer and cash flow remains uninterrupted.
‘These are unprecedented times for us all. It remains our focus to support retailers and merchants as best we can, offering them solutions and tools to maintain business if they are working from home, or hit the ground running when branches or showrooms resume trading.’