#1 Way To Increase Sales in 2018: Consumer Financing 
Whether they're buying electronics, home goods, furniture, you name it, customers are used to having financing offered to them when they shop at other retailers. It doesn't matter if the item is $500 or $5,000. A significant number of customers in this country will want to finance a $1,000 purchase.

So when these customers come to your store, they expect that you will also have financing options available. If a customer planning to buy a bike walks in expecting to be able to use financing and you don't offer it, at best you've disappointed them. At worst, you've lost the sale. 

Now is the time to make sure your staff is ready to easily offer consumer financing to ensure a successful 2018. Here's why:
You're Not Putting Your Customers In Debt By Offering Financing
In fact, you’re actually putting them in better financial position than if you accepted their credit card instead. With a regular credit card (Visa / MasterCard / Discover / AMEX), the customer has just one month to pay off their balance before the higher interest rate on their outstanding balance kicks in. With financing, you’re giving your customer the opportunity to pay off that balance over an extended period of time such as 12 months, without penalty. 
Let’s be frank - if you’re choosing not to offer financing because it’s a moral issue for you, then you really should not be offering credit cards as a form of payment either. 
Financing Incentivizes Customers To Return To YOUR Store
The next time a customer plans to make a purchase, they are far more likely to go to the store where they have a line of credit and whose card is in their wallet. 
When customers get approved for financing through The Bike Cooperative's Freedom To Ride program, they receive a card with your store's name on it.
Enroll In The Bike Cooperative’s Freedom To Ride Program Through Synchrony Financial By March 31, 2018 And Receive Processing Fee Reimbursement For The First $25,000 Of Sales Made Using 12 Months Promotional Financing!*
*Click Here For Full Details
The Bike Cooperative introduced consumer financing to the bicycle industry in 2003 with our exclusive Freedom to Ride program. Click here for more details.
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