Variant is continuing to board new bbq grill and smoker manufacturers and dealers onto its consumer financing loan platform. As material costs have increased, grill manufacturers have had to increase retail prices, making the demand for financing options even greater. Variant offers terms up to 60 months for low fixed payments and 6, 12, 18, and even 24 month 0% fixed APR options. Contact us today to learn more.
Variant has created a new white label credit application option for its merchant client based. The new application interface allows a merchant to have their logo appear on the application for increased branding and visual effect. The application can be easily placed on any merchant’s website via iframe or through various shopping cart integrations and plugins that Variant has available for its merchants.
For more details visit our online retail page.
For WordPress users, view demo here.
At the PGA Show in 2017, Variant Financial met with multiple manufacturers of golf simulators and related products. These products can range in price from $3,000 to over $20,000 and they were in need of a good consumer financing option for customers with near prime to prime credit. Variant put together a retail installment loan program with terms up to 60 months and 0% APR financing options for up to 2 years. The cost to the merchant is less than swiping a credit card and can be used for in person or online transactions. The program has been a big success and now Variant works with some of the top names in the business.
Variant worked with the executives for a well known transmission modification company that specializes in transmissions for classic cars. After a corporate re-structuring, they needed a sales driven consumer finance program that would assist their new sales model. Variant structured an installment loan program that included 0% interest promotions and loan terms up to 60 months.
Sourced and implemented a billing program for a career training provider. Students need manageable payment plans to afford the costs of career training programs but often have a hard time getting approved for financing because they are unemployed or underemployed. Government backed student loan programs have solved this issue for certain schools but many training programs and certification courses are not eligible for these programs. Ineligible schools often use billing programs so they can maximize the number of students they enroll.
Our client was already successfully using a billing program in the US but needed an option with the same ease of use and reporting capabilities for their Canadian market. We sourced and implemented a program that could easily integrate into their system and help them easily manage accounts. The program could also extend into the US if they decided to make the move to one platform for all their business.
Company doing direct sales needed a prime program to finance their suite of products, including technical design software and embroidery products for recreational use. Variant developed a software financing program to support their mobile sales process, enabling an in-person e-signature process to eliminate paper.
Variant developed a primary program for an e-bikes manufacturer wanting to offer promotional financing for direct sales. Company needed a solution that accommodated e-commerce sales model, with an online application portal and e-signature documents to facilitate distance sales.
A vacuum manufacturer needed a primary program that could integrate into an infomercial sales model. Variant sourced an infomercial finance program designed for over-the-phone sales, enabling an easy transaction for responding customers.
In addition to infomercial sales, the manufacturer also had in-house receivables resulting from direct sales. The program allows for the manufacturer to sell receivables as-needed on an ongoing basis.
Online jewelry company needed a program that would offer quick approval times with large loan amounts (some exceeding $15,000) and needed to minimize dealer cost because of margins. Variant Finance worked with a capital partner to create an approval process that seamlessly integrated into their sales model while keeping merchant fees to less than 4% in aggregate.
Variant built a custom finance program for large global spa manufacturer and distributer. Company initially requested a program to review the declines from well known bank whose approval rates had declined dramatically and sales numbers were suffering because of it. Working alongside the company’s executive team and sales people out in the field, Variant learned about their business model and , along with one of Variant’s closest capital partners, crafted a program designed to not only increase the overall approval rate, but to eventually replace the primary lender so that the company would have a simple, one look solution for both primary and sub-prime credit.
