How Rocket Loans is Changing Consumer Finance

Springtime is here and your business can use a boost in sales.

Consumer finance is a wonderful option for businesses to offer customers. Consumer finance is a flexible payment option used to increase sales by making high priced products affordable for clients. Now in partnership with Detroit based Rocket Loans, (A Quicken Loans Family Company), Financing Your Way is changing the way consumer finance operates through the new business to consumer loan program.

History of Rocket Loans

Rocket Loans is known for making personal loans and mortgages.  They use steps that are simple and transparent, beginning with a short online application. Once the application is completed, the platform immediately displays the approved loan options, and based on the qualification of the applicant, up to $35,000 can be funded directly into their personal bank account in 24 hours or less.https://financingyourway.com/2-easy-steps-to-increase-sales-with-diverse-consumer-finance-options/

Changing The Consumer Finance Process

Now in partnership with Financing Your Way, this same simple online process is now offered to consumers of small businesses in the retail and service sectors. So, whether you operate a retail furniture store or you have an attorney practice, your customers can access the funds they need to pay for your products or services.

Traditionally, lenders work with several third parties and charge high merchant fees to consumers. Financing Your Way and Rocket Loans helps consumers connect directly to lenders, which lowers fees and eliminates unnecessary paperwork for business and their consumers.  

How It Works

The business to consumer loan program from Financing Your Way and Rocket Loans features:

  • 0% merchant fee
  • Installment contract, 36 and 60 month payment plans
  • No prepayment penalties
  • No annual fee or setup fee
  • Loan amounts from $2,000 to $35,000
  • Interest rates 5.98% to 28.99%
  • Online application process

Businesses and their consumers enjoy the benefits of:

  • Simple online applications
  • Immediate decision and approval offers
  • Lender to consumer direct loans
  • No work for merchants

Your business can get started with offering consumer finance today. For more information visit: www.financingyourway.com. You can also follow Financing Your Way on Facebook and LinkedIn to stay up to date.

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