8 Reasons to Offer Finance for Your Business

Win More Customers with Flexible Payment Choices

Financial flexibility has become a key differentiator in today’s retail landscape. For UK businesses looking to thrive, offering finance options can be a game-changer. Here’s why adapting your business to provide finance isn't just smart, it's essential.

The Top Benefits of Offering Finance

1. Reach a Broader Customer Base
Customers on the fence about a large purchase are more likely to buy when payment can be spread over time. Finance opens the door to those who might not have the funds available upfront.

2. Increase Sales and Average Transaction Value
Businesses often see their order values rise when finance is available. Customers feel more comfortable upgrading or adding extras when they can pay gradually.

3. Enhance Customer Loyalty
Flexible finance solutions create positive experiences that encourage repeat business, turning first-time buyers into loyal customers.

4. Stay Competitive in Your Industry
Many leading UK retailers already offer finance. Not doing so could mean losing customers to competitors.

5. Speed Up the Sales Cycle
When budget concerns are removed, customers move through the sales funnel more quickly and decisively.

6. Reduce Price Objections
Finance reframes the conversation from a focus on total price to affordable monthly payments, making negotiations smoother.

7. Boost Cash Flow for Your Business
With retail finance brokers like Kandoo, your business receives payment in full upfront, while customers pay in instalments.

8. Access to Professional Support
Working with dedicated finance brokers provides expertise and administrative support so you can focus on your core business.

Expert Opinions and Market Trends

"UK consumers increasingly expect payment flexibility at the point of sale. Businesses that respond to this demand are positioning themselves for growth."

— British Retail Consortium

A recent study by the Finance & Leasing Association found that over 60% of consumers are more likely to buy from retailers offering finance options.

These market developments highlight just how important flexibility is to today’s shoppers.

Taking Action for Your Business

Offering finance is more than a perk—it’s a strategic move to build resilience, appeal to modern consumers, and spark growth.

Consider the following next steps:

• Assess your current payment solutions.
• Research reputable retail finance brokers such as Kandoo.
• Communicate new finance options clearly to your customers, both online and in store.

Finance gives your customers confidence and choice. For your business, it secures sales, accelerates growth, and ensures you’re ahead of the curve.

Stay competitive: Make finance part of your customer journey today.