Consumer electronics giant works with Dealflo
Dealflo is working with one of the world’s largest consumer electronics retailers enabling them to offer instant electronic financing solutions both in-store and online on a multi-tenancy basis. For the retailer this offers greater sophistication in the use of financial services (e.g. prime, near-prime, business financing, B2B leasing, B2C leasing, Islamic credit, lay-away etc) – they will be able to automatically match borrowers to lenders with products and packages that match needs, rates that balance risk and a multi-channel process that is transparent and simple for the customer.
- Increased sales - higher take-up rates, higher acceptance rates, higher completion rates, no errors/returned agreements, sales people spend more time selling
- Decreased costs / risks - ability to add new partners without the need for ePOS integration
- Better cash-flow - settlement time reduced from 3-4 days to overnight.
According to the retailer’s President of Financial Services “We position Dealflo very much as the foundational component of our full growth strategy to offer a fully inclusive financial services offering”. How does Dealflo help retailers with sales, costs and cash-flow?