In-House Customer Financing Grows Your Business
- Explore new revenue opportunity and improve customer interactions.
- Offer loans to your clients directly, without the intermediate party.
- Apply an advanced, end-to-end digital lending solution to increase your market share.
- Compete with the financial companies offering payment plans for your customer.
Discover the Advantages of Intelligent In-House Lending for Manufacturers, Distributors and Retailers
- Boost Overall ROI increase your average order value by 58%, increase the purchase frequency by 20% in one month, and increase your sales conversion rate by 44%.
- Win Repeat Business Integrating additional payment options makes the purchasing experience seamless and increases your chances of landing repeat businesses with existing customers.
- Earn Customer Loyalty offer an easy payment option for customers and deliver quality service, you increase your chance of earning their loyalty. This is the best way to get them to buy from you again in the future.
- Improve Customer Experience Retail financing options reduce barriers to payment and empower your customers to buy more services and products with ease. Customer satisfaction is a very important aspect of running a successful business.
Intelengence Solution for In-House Financing
Fully Digital Processing
CompassWay is an all-in-one lending platform that automates the loan origination process from application to funding, delivering a best-in-class experience for your clients and team – for any loan product. With advanced algorithms and analytics, vendors can quickly score clients and automatically make credit decisions, anywhere in the globe. The digital lending platform allows you to quickly issue a loan with zero paperwork. Faster loan approvals and releases will reduce the “time to yes” from weeks to minutes -
Credit Decision Making
Customer creditworthiness is measured accurately and fast according to the predefined parameters. Making both automatic and semi-automatic credit decisions with SaaS takes seconds and guarantees you're dealing with the right debtors under the right conditions.That allows retailers to offer the best loan conditions to borrowers while staying safe from default probability.
Customer Centricity of Digital Lending
Enhance client experience with bank-grade technologies that can be easily customized to meet your specific needs. Flexible finance options show that a business understands its customers’ needs and is willing to empower them with purchase power.
Easy Debt Collections
Borrowers can easily perform a wide range of account-related activity on their own, including making and scheduling payments, setting up autopay, customizing their payment plan, accessing statements, updating account information and more.
The platform supports extensive customization; no modifications to the system's source code are required. SaaS allows you to run complicated lending processes using adjustable and user-friendly interfaces. The solution can be white-labeled and includes specialized workspaces for various staff roles as well as in-store debtors.
Streamline your operations by selecting the features that perfectly meet your specific needs, and our support team will design a lending solution for starting in-house financing program
Who Can Benefit from In-House Financing
Reducing the amount of time it takes to get paid for products or services sold.
Improving cash flow and working capital needs.
Allowing you to offer special financing terms not available through banks or other lenders.
By extending credit to new customers, stores can open up their doors to a whole new group of people who may not have been able to afford their products before.
In-House financing helps customers get the pieces they want, but it also builds loyalty and encourages return visits.
Thanks to integrations specific to auto industry, such as GPS Tracking dealers remain in full control over the vehicles that are not paid up for. Easily locate and, if need be, shut down the engine of a person that doesn’t pay back their loan.
Increase your sales volume by offering great deals on vehicles without taking any risks.
Quickly roll out new programmes and fully customised credit solutions designed specifically for your clients. thanks to the hyper-flexible credit product setting Eliminate human error and operational inefficiencies.
By offering financing options, service providers can make their services more accessible and affordable to customers, which can lead to increased revenue and growth.
In-House financing can help educational institutions attract and retain students. By offering financing options, institutions can differentiate themselves from competitors and make education more affordable for students, which can lead to higher enrollment and retention rates.
What We Offer
We start off by end-to-end digital lending automation. Compassway is a powerful and highly adjustable platform that enables paperless procedures and smooth workflows.
Credit Scorecard Evaluation
Why Choose Compassway
Operative Performance Without Compassway - low.
Credit Decision-making with Compassway - 30 seconds.
Compassway Retail for Business
Compassway Retail Platform for small businesses is an intelligent cloud-based solution that takes now just ONE day to deploy and can be perfectly suited to your business.
Developing a unique proposal for you & Negotiations - 1 week.
Initial Project Assessment & Research - 1 week.
Implementation & Customization - 2-8 weeks.
Maintenance & Support - Included.