Customer Funded Programs
Grow Your Business
One Application, multiple lenders, instant decision, fast funding.Credit scores as low as 500 and for amounts up to $50,000. Maximum terms of 60 months. Interest rates will varyfrom 4.99% to 32.99% (other rates may apply), subject to borrower credit. Funds are funded directly to theborrower who then pays the merchant. A detailed support process and procedures assures that approximately 95 percent of loans funded are used to complete the sale (better than most merchant funded programs).
About the Process
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CREDIT APPLICATION
Customer completes online credit application.
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CREDIT DECISION
Within minutes, credit decision is rendered and loan options are shown if approved.
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ELECTRONIC SIGNATURE
Customer accepts loan offer and electronically signs loan documents.
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CUSTOMER FUNDED
Customer is funded via ACH within 1 to 3 business days.
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Customer Pays Merchant
Once funds have been deposited into the customers account, they can then pay the merchant via cash or debit card.
Contact us today for more details on our available programs for your business.
Other Consumer Programs
Merchant Funded
Effective point-of-sale finance options with attractive terms and promotional programs. Can approve a wide range of credit risks.
EVERYONE APPROVED
Credit Elevate’s unique servicing programs allow merchants to approve 100% of those applicants that apply.
