Looking to offer finance to our customers?

buzz

I have contacted our bank which we hold 2 business accounts with, but no joy.
I have tried a few Irish companies but really struggling with this, the likes of AIB / KBC etc

I know the likes of Harvey Norman offer finance on purchases in their store through Creation Finance but I have tried them and no email or call back.

So we are a Irish retailer and would like to offer finance so customers can chose products and finance them through a provider like buying a expensive TV in Harvey Normans,

Would anyone have any idea on what Irish or UK companies offer this service?
AIB said they only do it if your company yearly revenue is over €10,000,000 which we are not quite there yet. But the products we sell are between €1,000 and €25,000. Our UK competitors offer this service through UK companies but very difficult to find out who provides it!


Thanks in advance,
Buzz

Pawwed Rig

Contacting smaller car dealers might be a way to find out info on who gives them their finance options. I know GE used to but that was some years ago at this stage.

Duckett

you could contact SBCI and tell them you would like to offer vendor finance to your customers but your existing bank will not accommodate you. They may be aware of an intermediary that could help you.

Gard1

Try fexco in Limerick they do asset finance etc and are easy to deal with not sure if they will be able to help but they are an Irish company

elaverty

I would be interested in finding a retail financer aswell for my business that would provide finance to my customers,,the only problem i could for see is that typically my customer spend would only be between 300-600 E,,
I wonder would there be a provider for such a small amount,,thanks