We advertise financing in all our ads. Now that we can offer financing, our name has gotten out there and we are getting busier and busier
From its modest start of selling used ATVs out of a basement 13 years ago, Claw ATV has transformed its business with the help of financing. Today, the company has grown and diversified its offerings, providing a comprehensive range of services that cater to the needs of customers looking to buy, sell, or consign ATV’s and recreational vehicles. Laura and Corey prides themselves on their commitment to customer satisfaction, which has helped them build a loyal customer base across Nova Scotia.
The Claw team faced difficulty finding a financing partner that catered to their specific business operations and customer loan approval process. Without being able to offer a reliable financing option, it led customers to choose competitors with more flexible payment options.
We spoke to Laura and Corey Trimper, Owners of Claw ATV on how financing improved their sales operations and excelled their business.
By going through Financeit’s quick partner approval process, the team was able to seamlessly introduce financing alternatives into all their sales conversations, rejuvenating their sales strategy. Claw ATV actively promoted financing options both online and in-store resulting in increased customer traffic, leading to a significant 25% increase in sales.
“We advertise financing in all our ads. Now that we can offer financing, our name has gotten out there and we are getting busier and busier” – Laura and Corey Trimper
For Claw, one of the most significant advantages of using Financeit has been the user-friendly nature of the platform and the unwavering support provided by the Financeit team. The ability to rapidly obtain financing approval for customers while they are still in-store has significantly streamlined the sales process, enabling the team to operate more efficiently and effectively than before, with significantly reduced levels of complexity and inconvenience.
“We are getting so many loans approved quickly with Financeit compared to the hoops we had to go through with other financing providers. If there is ever issues, the Financeit team come back very quickly with a resolution” – Laura and Corey Trimper
They’ve also seen an increase in the average ticket size by over $2,000, as customers are more willing to explore financing options for high-end and complementary products. This has contributed to a 35% rise in financing volume over the past three years.
“Customers come in with a budget but when they realize they can get higher end products through affordable small payments they tend to go for it.” – Laura and Corey Trimper
