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.
A company specializing in high end horse saddle sales as well as custom saddle manufacturing contacted Variant looking for a consumer finance program to offer their clients. They were looking for a program that could offer their customers low fixed payments along with attractive 0% interest offers. Variant successfully built and sourced a program with Same as Cash promotions as well as 36 month terms and a fair fixed rate of interest. The program currently experiences approximately a 70% approval rate.
Variant Finance was contacted by a stock trading software development and sales company with annual sales of over $8 Million a year to enhance or replace their current finance program. Variant reviewed their business model and reworked the existing finance program structure. By doing so, Variant was able to increase effectiveness of the program, remove compliance risk, and decrease fees to the company.
