Second Look Financing

Fortiva Financial specializes in providing second look financing to underserved consumers.

Furniture Financing

Get instant approvals on furniture financing with Fortiva even with bad credit score.

Medical Loans

At Fortiva Financial, we care for you and gives you option for medical financing with host of benefits and features.

Retail Financing

Fortiva gives its customers access to powerful features and various payment options with its retail financing.

Tuesday, 26 November 2013

Top 5 Reasons to Apply For Furniture Finance

Furniture financing helps people to buy the furniture they desire irrespective of their current credit situation. Retail stores offer multiple financing options to fit the best needs. These financing options help people buy furniture instantly and pay for the stiff over a long time period. Special financing schemes have repayment periods lasting over 6 to 18 months. Apart from this some stores offer interest financing for 24 to 60 months! So people can gradually pay off the debt but enjoy the commodities instantly.

The most important reasons why one must go for furniture financing are as follows:

  • These finances get approved within no time. Moreover the chances of disapproval of these loans are very less.
  • The amount of money that gets sanctioned through furniture financing is pretty generous and up to 75% of the furniture cost gets covered.
  • One does not need high credit scores to apply for these loans.
  • Furniture loans can be paid off over long time periods according to the buyer’s comfort level.
  • The down payment is as low as 25% while booking the furniture.

Many furniture shops, both small and big, offer furniture financing aid to local buyers. Due to this huge number of furniture financing options available in the market, there are suitable options for every pocket. But every shop has separate policies, terms and conditions that vary from store to store; buyers must carefully study these clauses before availing the loan.

Thus furniture financing is the best layaway possible. One can take home merchandise at the discounted price with 25% down payment only. Moreover, long repayment periods ensure that the buyer is not burdened with the loan amount and still gets to enjoy the comforts of their furniture.

How To Apply For Retail Finance?

Retail financing is basically a payment solution through which retailers and merchants can offer customers a point of sale financial aid. Several stores across America as well as abroad use this strategy for augmented sales. The advantage of these finances is that they have flexible payment terms according to different retailer’s wishes. So customers pay back the loan through monthly installments with or without interest. Some retail finances allow customers to open an account while the financing application gets approved. Here are a few steps on how to apply for  retail finance in order to reap the benefits of goods and services from a store.

Retail finances are offered to customers either online or in-store. In case of online application, there is no paperwork involved and a customer needs to do the following:

  • Customers can select a specific type of finance option that is presented by the retailer to them. They click on the link in the email to get redirected to a credit application form.
  • The credit application form has a retailer branding and also incorporates a credit summary that displays all details to a customer. Customers fill up these forms and complete it with an e-signature.
  • After signing the credit agreement and submitting the application, the retail store returns an instant decision.

In-store retail financing involves e-signatures, a mutual pre-contract that is explained via videos or in person and also involve an instant credit decision. It is a highly efficient and ethical process that is in line with the legislation of an area. Customers can complete the credit application themselves after having a word with the finance officer or after going through all terms and conditions in detail. 

While online retail financing has no delays and a person can obtain instant approval, likewise in-store retail financing is private and fast. Both the options have easy steps and a buyer can easily apply for retail financing through these methods.