Consumer Finance Programs for Retailers and Service Providers™
Primary, Sub-prime, and Tertiary Consumer Finance Programs
Our Success is Tied to Yours
V ariant Financial is dedicated to making sure our clients are happy with their chosen consumer financing programs, our success depends on it. Like most finance companies, Variant doesn’t make money unless loans are being approved and funded and we understand better than anyone how important it is for a financing program to be able to fit inside a client’s sales process. That is why we put so much effort into making sure the programs that we develop and bring to market are effective in today’s ever changing credit markets.
Working with Variant, you will feel confident knowing that you have a team on your side that wants your consumer finance program to be just as successful as you do. We will look closely at your sales process, marketing, customer credit demographics, margins, and revenue objectives to layout a program(s) that will enhance your overall business model. Variant Financial has developed a wide range of program options that include primary, sub-prime, and tertiary programs.
No one has more experience, options, or is better to work with than Variant Financial.
A lawyer should handle your legal matters, an accountant should do your accounting, and trust Variant Financial to manage your consumer finance programs.
Look / Primary Programs
Look / Sub-Prime Programs
2nd look, or “sub-prime programs” are consumer finance programs designed to approve individuals with below average credit. These programs generally have a higher cost to the merchant due to the increased lending risk. When used effectively, 2nd look programs can significantly increase conversion rates and incremental sales.
Look / Tertiary Programs
Q3 2018 – Key Projects
• Full nationwide launch of new sub-prime program for online retail. Designed for scores between 525 and 650.
• Implemented new features to online retail platform including the ability to set minimum loan amounts for 0% finance offers.
• Expanded programs for the tutoring industry including our new Path2 Credit loan option.
• Attended IRCE in June to meet with our online retail integration partners. New features coming soon to existing shopping cart integrations as well as new integration partners being added.