How to Offer Finance for Premium Camping Gear

Why Offer Finance for Camping & Caravanning Equipment?

Premium camping and caravanning equipment often comes with a higher price tag. By offering finance options, you remove upfront financial barriers, making quality outdoor gear accessible to more customers. This can lead to higher sales, increased average order values, and improved customer loyalty.

"79% of UK consumers are more likely to purchase big-ticket items if finance options are available." – Retail Finance Association

Benefits for Your Business

• Expand your potential customer base
• Increase average transaction value
• Boost competitive edge in the premium market
• Improve cash flow with instant payouts from finance providers

Perks for Your Customers

• Spread the cost over manageable monthly payments
• Enjoy premium gear sooner rather than later
• Access exclusive packages or upgrades

Key Finance Models for Retailers

There are several finance models for premium camping equipment:

1. Interest-Free Credit (0% APR): Attracts customers with no extra borrowing cost.
2. Classic Credit (Interest-Bearing): Longer terms with interest; ideal for higher-value items.
3. Buy Now, Pay Later: Delays repayment for a set period to encourage immediate purchases.

How to Set Up Customer Finance In-Store or Online

Setting up finance for your customers involves a few key steps:

1. Choose a Retail Finance Broker: Work with a reputable finance partner like Kandoo, which specialises in the UK retail sector.
2. Select Products for Finance: Not all items may qualify; typically, finance is offered for purchases over a minimum value (e.g., £250).
3. Integrate Finance Solutions: Add application links to your website checkout or in-store POS systems.
4. Train Staff: Ensure your team confidently explains finance options to customers.
5. Promote Finance Availability: Use website banners, product pages, and in-store point-of-sale materials to advertise finance offers.

Compliance and Best Practices

Offering finance is regulated by the Financial Conduct Authority (FCA). To stay compliant:

• Partner only with FCA-authorised brokers/lenders
• Display representative APRs and terms clearly
• Do not use misleading finance advertising
• Train staff on responsible brokering and transparency

:pushpin: Quick Tip: Display a representative example of monthly payments next to each eligible product to help customers visualise affordability.

Frequently Asked Questions

Who handles the credit check?

The finance provider conducts credit checks directly with the customer.

Will I receive the full payment up front?

Yes, most lenders pay you in full once the finance agreement is approved.

Can finance be offered online and in-store?

Absolutely. Leading brokers provide digital solutions for both channels.

Boosting Sales with Finance Offers

• Bundle premium gear: Allow customers to finance entire camping sets, not just single items.
• Promotional periods: Offer limited-time 0% APR during peak camping season.
• Easy calculators: Add finance calculators to product pages to increase engagement.

"For higher-value caravanning kits, monthly payments often transform a browsing visitor into a loyal customer."

Start Offering Finance With Kandoo

Whether you’re a bricks-and-mortar store, an e-commerce retailer, or both, integrating finance options through an expert broker like Kandoo is fast, straightforward, and FCA compliant. Get in touch today to see how you can unlock higher sales and happier, better-equipped customers!

Ready to make premium camping accessible to all? Contact Kandoo for your retail finance solution today!