Few concepts are as significant in the consumer financing process as transparency. It is a high priority for customers of all backgrounds. No one wants to feel as if they are having the wool pulled over their eyes when they are making a financing decision. In fact, the difference between establishing lasting customer relationships and ones that cannot endure could very well lie in your commitment to being clear, honest, and direct with your customers.
Now, that is not to say that you should not sell. Of course you should sell; it is essential. But in selling, you should make your customers feel so comfortable, so at home, that you engender a familiarity and healthy sense of trust that will create repeat business and boost your revenue. There are many ways of doing this, and one of the best is to ensure a customer fully and completely understands the terms and conditions of their financing agreement.
This does not have to be complicated. In fact, by working with a dependable and knowledgeable partner like Financing Your Way, you can simplify the process of increasing your consumer transparency considerably while streamlining your financing program. Here’s how.
The Lender Acceptance Template
When it comes to financing, the clear presentation of significant information is critical. You need to be able to show customers financing options, rates, terms, and other details of interest. Once they have been approved, you also need them to be able to completely understand what they are agreeing to before signing.
Our lender acceptance template fulfills all of the above requirements. It allows you to present all relevant information on a single piece of paper. After an approval is received, the information relevant to the particular customer is added to the document, which can they then review in full before signing. You will then get a copy to keep for your records.
Make Financing Easier for You and Your Customers
Having a single document that presents the financing options your business offers and subsequently the particulars of a customers’ financing arrangement will make your job substantially easier and set your customers’ minds at ease.
Your customers will appreciate the clarity and simplicity of the document, and you will certainly love the neatness and organization it offers your business. It’s just one more example of how Financing Your Way makes offering consumer financing an absolute breeze. Streamline your financing process and avoid unnecessary complications with our lender acceptance template.