Consumer Financing

[Eric Graziano]

Shoco Dealers,

I want to make you aware of a consumer financing program available to you and your customers. As you know, having the ability to offer free financing of 6, 12, or 18 months can be a very effective way to remove an obstacle during the sales process. For those individuals who are interested in buying some EZ Dock products but don’t have all the funds available now, you can offer the attached program from Mariner Finance.

How Mariner Finance earns your business:

• • • • Mariner Finance considers customers with credit scores of 560+
      • Same as Cash programs from 90 days up to 18 months
      • Deferred first payment options to 6 months (not available in NJ)
      • Fast credit approvals up to $30,000 for qualified buyers
      • Flexible repayment terms up to 120 months
      • No down payment is required for qualified buyers
      • QR Code smartphone application process
      • Dealer portal access with e-sign features
      • Timely funding post-sale via ACH deposit, generally within 48-72 hours
      • Central Approval Center Dealer support 7 days a week
      • Local Mariner Finance branches for your customer’s convenience
      • Territory Retail Sales Managers for your training and support

NOTE: As you will see from their email below, some dealer fees apply. What this means is that if you want to offer free financing, you, the dealer will pay a flat fee to Mariner (the specific amount depends upon the duration of the free financing you choose to offer) and they would manage the process from there. If you do not offer free financing, it works just like a credit card – with a very high rate. So, it is not recommended that you offer the program without providing some free financing because you are not really providing any value-add over a typical credit card.

Please see below and the attached brochure for details. I also suggest you contact Joe DuBois at EZ Dock Gulf Coast as he has direct experience with this program and this vendor.

Joe – any feedback for the group?

Jay,

Thank you for taking the time to speak with me today. If your dealers are looking for solutions to help close more sales, Mariner Finance would like an opportunity to share our program information with them. Our online system is supported by a live underwriting team seven days per week and provides credit reviews for scores as low as 560 and above.

Each approval granted comes with the option to offer zero-percent financing (dealer fees apply) and, once the product is delivered/installed, funds are normally direct deposited in three business days or less. Mariner takes over servicing of the customer account freeing you up to move on to the next sale.

Please feel free to share the following link with any and all dealers interested in learning more: https://www.marinerfinance.com/why-mariner-finance/partner-with-us/become-a-partner/

Once submitted, their information will get passed on to the corresponding Mariner territory manager who can answer their specific questions and detail the next step to enroll.

Regards,

Amy Tippet

Mariner Finance

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