Financing Your Way is Making a Big Splash in the Automotive Repair Industry
(PRWEB) August 31, 2016 -- Financing Your Way is making a big splash in the Automotive Repair Industry by empowering & training shop owners and operators to implement multiple forms of flexible payment options. Financing Your Way is focused on identifying the appropriate lender lineup for your business and implementing proven systems to ensure a successful launch.
After the first two months of testing with a multi-unit operator out of Phoenix we have seen increased sales of $36,000 in May and $72,000 in June. This resulted in a record breaking month for one location topping $153,000 in sales, ranking 2nd among all Meineke locations in the United States. These additional sales are attributed to secondary financing options where the first lender either declined or only partially approved the prospective customer.
“Financing Your Way has been great to work with and truly allows us to be a yes company, having more payment options has allowed us to service more vehicles at a higher level resulting in increased ticket average, less re-checks by completing all recommended repairs and most importantly increased bottom line profits.” Stated Adam Yeager with shopownertraining.com
“Automotive repair shop owners don’t always know that they are missing a piece of the financing pie and our initial results in the space reinforce that multiple payment options are a great way for shop owners to see an immediate impact on bottom line profits with minimal to no upfront costs.” stated Financing Your Way Managing Partner Ryan Monson
Financing companies have different lending schedules based on a number of factors, making it critical to have multiple lenders and Financing Your Way’s unique approach to consumer financing streamlines the process of managing multiple lender options making the process simple and easy for staff and management. This approach is resulting in more approvals and higher approval amounts allowing the consumer to move forward with the recommended repairs.
Business Benefits:
• Become a Friendlier place to do business
• Increase Revenue
• Funding within 48 hours
• Empower your Employees
• Avoid Discounting
About Financing Your Way
Financing Your Way added 246 new merchants with $24.3MM in increased sales for 2015 helping clients increase marketing effectiveness, instant approvals and fast funding.
For more information, visit financingyourway.com
The biggest impact comes from staff training that is done on a continuous basis
Ryan Monson, Financing Your Way, http://financingyourway.com, +1 4044253635, [email protected]
Share this article