Consumer Financing

This applies to almost any business that sells a service or item that costs $10,000 or less to consumers. Spectrum Capital specializes in this type of financing and can finance almost any consumer, even those with low credit scores. This allows business to ultimately sell more goods and services to customers that don’t have the cash to purchase whatever the business is selling.

The benefits to you as a business are:

· Increases cash flow to your business by funding upfront

· Reduces your companies risk with limited recourse

· Decreases default rate which lowers write offs

· Creates a better experience for your customer

· Relieves your staff of billing receivables which will decrease expenses

The benefits to your customer are:

· Easy Approval Process

· Fixed Interest 

· No Prepayment Penalties

· Auto-payment option

· Online bill pay is available

Many industries would qualify for this type of financing including:

· Medical—Hospitals, Surgical Centers, Dentistry, Cosmetic Surgery, Spas

· Education—Vocation, Career, Traditional, Private, Tutoring, Coaching

· Memberships—Dating, Weight Loss, Vacation/Travel, Children’s camps/clubs

· Delivered Products—Fitness Equipment, Jewelry, Golf Clubs

T· Home Improvement—Windows, Roofs, Remodels, Hot Tubs, Awnings