Can My Business Offer Personal Loans?

If you’ve ever extended personal loans to your customers to help them afford your product, you’ve come to the right place.

 

Rocket Loans and Financing Your Way have created the perfect solution for your business to offer personal loans to your business customers. Read on to learn how it works and how to get your business enrolled in this exclusive program.

How does it works?

Your business offers high priced products and often your clients request flexible payment arrangements. First, start by visiting www.financingyourway.com to complete a consultation request. If your business meets our criteria we will create a customized landing page for your business. The landing page is then used by customers who want to apply for a personal loan to pay for your products. The decision process is fast and your customer is notified of the approval immediately. The funds are deposited directly into their personal account within 1 to 3 business days. The customer can then use the funds to purchase directly from your business. It’s that simple.

How much can my customer borrow?

Customers can borrow $2,000 – $35,000.

Are there fees involved?

Rocket Loans makes the loan process simple and there is no merchant fee, no annual fee, and no set-up fee. Interest rates are based on individual credit scores and vary from 5.98% to 28.99%.

What are the benefits?

The application is 100% online. Just send the link to your customer and an immediate decision will be made. Customers can choose their installment plan which varies from 36 – 60 month installment. The loan is funded directly by Financing Your Way. Rocket Loans is the lender to consumer direct loans. Most importantly there is no work for the lender. Financing Your Way and Rocket Loans handle all of the hard work.

How can I get started?

Visit www.financingyourway.com to request and enroll your business and we will create your customized landing page. Once your landing page is live you can start offering personal loans to your customers.

 

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