Boston, MA (PressExposure) December 06, 2011 -- MVO & Associates, LLC is offering new small-business-friendly customer finance programs for small to medium sized businesses with as little as $400,000/yr to $100MM/yr in sales. The program offers financing options for all types of borrowers and customers - from prime to poor credit.
Several merchants and businesses targeted for financing are powersports dealers, furniture stores, contractors, kitchen & bath remodeling, driveway and landscaping, electronics, automotive repair, motorcycle & RV sales, doctors, dentists, and even hospitals among many others.
Many small businesses are currently completely frozen out of the customer financing industry due to high set up costs, high approval criteria, high maintenance costs and fees and very low approval rates. The program will allow merchants to take customers whom they feel may not afford to pay cash or the estimate they have been provided and offer them easy monthly payments using our financing programs.
Businesses must be at least one year or more to be eligible.
Here are the customer financing program highlights:
Merchants doing as little as $400,000/yr in sales.
Minimum customer Credit Score of 580
Web-based, customized merchant portal with instant approvals, quoting payments at point of sale, merchant application statistics and printing of loan documents.
ACH Funding to the merchant within 48 hours of job completion or order fulfillment.
Interest rates from 8.99% to 19.99%.
Amount financed from $500 to $30,000
Terms from 12 to 72 months
Zero interest promotional option up to 24 months
No payment for 90 days promotional option for customers with prime credit
No prepayment penalties, no balloon payments
No risk or recourse to merchant
Link to merchant's website for online approvals
MVO & Associates officials maintain that even businesses with a primary funding source will benefit from incremental approvals. This program will help businesses close more sales by approving as much as 60% of the turndowns from that primary source.
"We have had all types of businesses see a tremendous increase in sales! Small business owners are ecstatic when they see how easy it is to increase their bottom line by thousands per month and large companies are already seeing millions in increased sales", said Michael Ofori of MVO & Associates, LLC.
For more information about this program, click here:
Tel:800.590.1296 x 200