10 Reasons Your Business Should Be Offering Finance

Transforming Customer Experience With Flexible Finance

In a competitive UK market, offering finance options is more than an added perk—it’s becoming an essential business strategy. As a retail finance broker, Kandoo recognises the significant advantages this approach brings to both customers and companies. Here are ten compelling reasons why your business should be offering finance to customers today.

1. Increased Sales

Finance options break down high purchase costs, making products and services accessible to a broader audience. Businesses often see a direct uplift in conversion rates and average transaction values.

2. Enhanced Customer Loyalty

Flexible payment terms promote trust and repeat business. Customers value the convenience of finance, making them more likely to return and recommend your brand.

3. Broader Customer Base

Many consumers—especially in today’s economic climate—prefer spreading payments. By providing finance, your business taps into this expanding market segment.

4. Competitive Advantage

Offering finance sets your business apart from competitors who do not provide this service, positioning you as a forward-thinking and customer-focused brand.

5. Improved Cash Flow

With finance, your business often receives full payment upfront (from the finance provider), removing concerns about late or missed payments. This supports smoother cash management and planning.

6. Higher Average Order Value

When customers can pay in instalments, their purchasing power increases. This often results in larger orders, boosting your revenue per customer.

7. Professional Brand Image

Businesses offering finance are viewed as established and customer-centric. This strengthens your reputation and reassures customers of your credibility.

8. Meeting Consumer Expectations

Buy-now, pay-later options are no longer a novelty. Many UK consumers expect finance options as standard when making substantial purchases.

9. Simplified Sales Process

Modern finance solutions integrate seamlessly into existing sales processes, making it straightforward for both customers and sales teams to use.

10. Access to Analytics and Insights

Implementing a finance solution provides valuable data on customer behaviour, preferences, and trends. This enables smarter business decisions and tailored marketing.

Why Forward-Thinking Businesses Choose Finance

"Offering finance has helped our sales team close more deals and improve customer satisfaction," says one leading UK retailer. Feedback like this confirms the positive impact of well-structured finance options.

Next Steps: Make Finance Work for You

Ready to grow your business and meet modern customer needs? Consider partnering with a reputable finance broker to find the best solutions for your market and products.

Take action now:

• Evaluate your current payment offerings
• Contact a finance specialist like Kandoo for a tailored assessment
• Integrate finance solutions to drive sales and customer loyalty

Adding finance isn’t just about making life easier for clients—it’s a strategic move towards sustainable business growth.