Financeit is a financing and lending platform that enables users to offer monthly installment plans to their customers. It features flexible term options, deferred payments, lead management, and more. In this article, we cover Financeit reviews and pricing. Ready to get started? Visit its website.
Business owners looking for Financeit pricing details will be pleased to know that the platform is free to use. For consumers, interest rates usually fall between 6.99% and 14.99%, without backdated interest. The rates and payment period vary depending on the size of the payment plan, the client’s credit report, and the kind of product purchased.
Users can also opt to pay for the customer fee on behalf of their consumers. The total purchase amount will be deposited to their account within two business days after the required documents and signatures are submitted.
Ready to get started with Financeit? Visit its website.
Top Lenders 2019
up to $250,000 for line of credit
Summary of Financeit Reviews
As of the date that this article was written (October 15, 2019), there are no available Financeit reviews online. If you are a past or current Financeit customer, leave a review to help others who are deciding whether or not to use the software.
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Check out the list below of some of Financeit’s features:
- Direct-to-customer loan application
- Flexible term options
- Deferred payments
- Multiple lending partners
- Monthly payment options for customers
- Application programming interface (API) integration
- Lead management
- And more
Does Financeit charge subscription fees?
Financeit is free to use for business owners and does not charge subscription or transaction fees. However, promotional programs (including 0% interest, deferred payments, and buy-downs) carry a cost to the user based on a percentage of the total purchase amount.
How long does a credit decision take?
After the customer submits all the required personal and financial information, a credit decision can be done in seconds. Automatic payments for the customers’ purchases will be withdrawn from their bank account once the credit is approved and after the payment cycle is set.