Why Retailers Choose to Offer
While most retail financing portfolios include a primary and tertiary lender program, many overlook the individuals that fall in between. By adding a Second-Look finance program, like Genesis Credit®, you can offer your near-prime customers with a FICO score above 550 a second chance at securing a revolving credit line without high monthly payments or upfront fees.
Don't let a mismatch between credit profiles and consumer financing cost you a sale. Add Second-Look financing to ensure a positive customer experience for current and future purchases.
A ready-to-buy customer faces many obstacles during the final parts of a sale. The following statistics highlight how important it is to provide your customers with financing options.
FREQUENTLY ASKED QUESTIONS
Genesis Credit has been a leading provider in second-look financing for over 15 years. We specialize in providing credit lines to valuable consumers who a prime lender turns down, yet still, deserve access to quality financing.
Through our program, these “near prime” consumers get a prime-like financing experience, while you convert more orders.
Revolving Credit Lines
Near and Non-Prime customers require options that are significantly less than 190%+ APR equivalent products in the tertiary market today. Genesis Credit offers up to a $6k revolving line of credit at prime-like pricing.
Greater Acceptance & Repeat Purchase Activity
Customers approved for Genesis Credit have an 80%+ program acceptance rate and 3X repeat purchase activity rate when compared to tertiary finance offerings.
Next Day Funding
Get funds delivered to your bank account with 1-2 business days.
OUR RETAIL PARTNERS
Our programs are offered by industry-leading retailers in over 16,000+ locations across the U.S.