Customer Financing for the Golf Industry
Golf Equipment and Seminar Financing
Types of Companies We Help
Variant has brought to market multiple customer financing programs for various facets of the golfing industry. We currently offer primary and sub-prime consumer financing programs for use in selling retail goods from golf carts to golf technology as well as educational products like golf seminars and training. Financeable products and services have retail costs of $500 to $20,000 or more and can be sold both online and in store (brick and mortar).
How We Help
Primary program for retail golf products and golf carts
Variant’s retail goods financing program for the golf industry is unique and extremely effective. It allows online and brick and mortar golf retailers to advertise great financing promotions such as 0% FINANCING AVAILABLE both on their websites as well as in their store windows. We also offer financing terms, with competitive interest rates, for up to 60 months
Customers can apply for financing right on the retailer’s website or in the store via a simple credit application. The customer chooses between a low, fixed-interest monthly payment, or a 0% APR offer for 6 or 12 months. After completing the application, a decision is immediately returned. The customer can then sign the loan document electronically and take possession of the item they are purchasing or the merchant can ship the product in the event of an online sale.
Retailers are generally funded in 24 to 48 hours on a non-recourse basis. Merchant fees start as low as 1.99% which is lower than most visa or master card transaction fees.
The program is a primary program and will consider FICO scores from the mid 600’s and above.
The financing can be used for selling products such as golf carts, golf simulators, high end club,s and other related equipment costing $850 or more.
Custom Program for golf training and education
Variant has created unique consumer finance programs designed for the golf instruction and training industry. These programs generate maximum approval rates while still providing customers with affordable payments.
The minimum amount financed is $500 with a maximum of $8,500. Customer interest rates range from 17.99% to 21.99% and we can many times offer promotional financing terms such as 6 months deferred interest. Applications can be completed in a few minutes and credit decisions are returned in seconds. Customers can sign loan documents electronically and their first payment is usually due in 30-45 days. Merchants are generally funded in 48 hours on a non-recourse or limited recourse basis.
The program is will approve primary borrowers as well as sub-prime borrowers and will consider FICO scores from 580 and above.
Variant has a long history of being able to effectively customize programs to meet a merchant’s needs. Contact us today. We look forward to hearing about your unique business model and letting you know the various ways we can help.