Everything you need to know about offering Auto Repair Financing

Americans are not saving money like they used to.

In fact, most households don’t have an emergency fund with more than $500 in it. Car repairs are an unexpected burden for the average family, so you may need to offer auto repair financing to survive. Here is the information that you need to know about how auto repair financing can help your business.

Increase Marketing ROI

The cost of marketing is increasing with the rise of social media, so every lead counts. When clients respond to your marketing but can’t afford the cost of repair your marketing budget is wasted. Auto repair financing will help you convert potential lost clients. It’s a simple payment option that can be offered at the point of sale.

Fast Approvals

Time is of the essence when it comes to closing a sale. At Financing Your Way we offer approvals within minutes so you don’t have to worry about lost time. The approval criteria is not always based on credit. Your client can use their employment to apply for auto repair financing.

No Risk

If the client doesn’t pay you don’t have to worry about chasing them down or outsourcing for collections. You receive full payment upfront when the client is approved and our team at Financing Your way handles the rest.

Simple Set Up

We make set up simple with a paperless application terminal and we provide customized marketing materials with your company name and logo. Your staff will receive training and learn how to offer the financing option to your customers.

Works Alongside the Options you Already Offer

You may already be offering financing for your services. Financing Your Way has easier approval criteria compared to most traditional financing companies, so if your client isn’t approved by traditional lenders, we may be able to help.

 

Offering financing doesn’t have to be complicated. Contact Financing Your Way to learn more about our programs.

 

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