Financial Literacy

Businesses that sell more "luxurious" or pricier products or services should always have several payment options for their customers Accepting exclusively one-time payments in...
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Nonbank lenders (including non-bank mortgage lenders) are financial institutions that aren't banks or credit unions  Some well-known examples of non-bank lenders include...
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A third-party lender is a company that provides loans to companies or customers by taking on the risk of default Third-party lending services come in many forms and functions...
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Retail financing is when retail businesses facilitate point-of-sale consumer credit or stage payment options to their customers who wish to make a purchase Retail financing...
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Consumer financing can be a tricky subject If you don't know what you're doing, it's easy to get in over your head with debt and interest rates that could send your business into...
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It's hard to find quality care for your loved ones  Luckily, patient financing is a great option for many individuals who need medical care from a healthcare organization but...
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When most people think of financing, they imagine a standard installment loan arrangement: The loan amount and projected interest are divided over a series of equal monthly...
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Consumer financing means giving your customers a way to pay for goods and services over time, rather than charging the full price upfront Businesses do this because it makes...
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Whenever you enter into a contract with another entity, you take on a certain amount of counterparty risk That means that there’s a chance that the other party to the agreement...
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Contractors and allied vendors benefit strongly from offering consumers and other customers a financing option Consider:  According to Bankrate, only 4 out of every 10...
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