Marine division launched
Omni Capital Retail Finance has launched a specialist marine division, aimed at retailers selling marine products up to £25,000 in value.
Loans are available from £250 to £25,000 over terms from six to 84 months (subject to customer credit status and mandatory deposit).
Omni Capital believes the marine sector has been a market largely ignored by finance providers. In launching its new proposition, the lender believes it can enhance selling opportunities for retailers.
Omni Capital’s new division offers interest-free or interest-bearing (from 4.9% APR) customer finance options.
Items Omni Capital will consider financing include kayaks, jetskis, pleasure craft and ancillary products such as navigational equipment and sails.
“With retail sales cooling, and the high street banks hesitant to lend, there has never been a better time to offer customers credit. We can help you stand out from the competition, and have seen retailers using finance increase their sales by over 20%,” said George Miller, head of strategic development at Omni Capital.
He added: “Retail finance can be of enormous benefit to retailers and their customers alike. For the retailer, it can help maximise selling opportunities, enhance order values and improve all-important cash flow.”
For customers he explained, it provides the means to trade-up to better quality, higher-value products previously out of their price range and help them buy now rather than in the future.
Latest Press Releases
The world’s leading supplier of marine distress signals, WesCom Signal and Rescue announces it has b... Read more
Torqeedo appoints Engines Plus Ltd as new UK canal boat sector dealer ahead of inland waterways festival, Crick Boat Show
Torqeedo has appointed Engines Plus Ltd, a leading engine dealer, to be the UK dealer for the canal ... Read more
Torqeedo Showcases Latest Innovations in Sustainable Marine Propulsion Technology at Seawork International
Crystal Lake, Ill. – May 23, 2018 – Torqeedo will demonstrate the latest developments in electric ma... Read more
Leading Audio Manufacturer Unveils Groundbreaking RA770 and SRX400 Audio Entertainment Systems Read more
Leading Audio Manufacturer Announces Powerful Plug and Play Solution with Bluetooth Streaming Read more
Lithium-ion battery expert Dr John Warner is presenting at the NEXT GENERATION Marine Power & Propul... Read more