easypay finance

Many people think of financing in terms of vehicle purchasing. In a typical financing plan, buyers can spread out payments over a period spanning 24 to 36 months. Fortunately these days, buyers who wish to upgrade their vehicles can also get financing on aftermarket parts. Aftermarket parts are designed to add more practicality and utility to trucks, cars, and SUVs. These parts range from performance parts, work parts such as tow hooks and shackles, off roading gear, or general protection of truck bumpers, radiators, and grille. With financing, you will not have to shell out all money at once, and the protection can help drivers save on the costs of repairs in the long run.

Bill Me Later

Bill Me Later is one of the most effective ways to get financing for aftermarket parts. Bill Me Later is a secured financing company in partnership with PayPal. When looking for financing for aftermarket parts, simply ask if the store will let you check out online with Bill Me Later. This payment program offers low financing and relatively easy credit approval. Purchasing with Bill Me Later can be completed in one of two ways.

If you do not have a PayPal account, you will need to sign up for PayPal first. Choose to checkout with PayPal when you are making your purchase. Create a PayPal account and select Bill Me Later as an option. You will be asked to fill out a short form and then wait for approval. This type of approval is usually instant and your purchase process is complete. If for whatever reason your application is not approved, you will simply be re-directed to your site and can choose other payment options.

If you already have a PayPal account, you can simply sign in to PayPal from a store checkout page and pick Bill Me Later as your checkout option. You will be asked to fill out the short form and wait for their approval. If the application is approved, then your purchase is complete. If not, then you will have to pay through PayPal the standard way.

Bill Me Later is currently a very popular option for financing due to customer choice such as offering interest free payments if the customer pays off balance in six months. Alternatively, the customer can chose to make no payments for 90 days, and then follow up with a low interest rate.

Other Financing Options

Other financing options also exist for getting the right aftermarket parts for vehicles. Many companies offer coupon codes for purchasing bulk orders. It is advisable to call companies ahead to arrange discount for bulk orders. Other financing options that are available include student discounts, military discounts, and layaway plans. These typically vary by company and shoppers can normally obtain these rates by contacting a representative.

Conclusion

While most people use financing plans to pay off their vehicles, few people realize that they can get financing on aftermarket parts to improve their vehicles over time. Whether a car owner needs performance parts, work parts, or protection from damage, getting financing for these parts can be simple with today’s fast and efficient options.

Entrepreneurs who want to break into the import business will face various hardships. Establishing their name and getting the trust and loyalty of new customers and suppliers are just two of the challenges they need to face and successfully overcome.

Getting sufficient funds or money to support the start and ongoing operations of their import business can also be hard as well. In the import business, you need to have the means to pay your supplier.

The good news is that there are various options entrepreneurs can consider when they are looking for ways to finance their import business. These options include:

Accounts receivable factoring. Under this financing option, your company’s accounts receivables would be sold to either an accounts receivable financing company, a commercial finance company, or a bank at a discount of 80 to 90 percent of their face value. In return, the factoring company would give you a check wherein a fee of two to three percent has already been deducted. You can then use this money for import financing. When you factor accounts receivables, it is now called an asset-based loan.

Purchase order financing. This financing solution is quite similar to factoring accounts receivable. Under this option, you would assign or sell your purchase orders to a bank or commercial finance company. This company will then take over all the processes that involve billing and collecting money from your customers. Once your products are delivered, your customers will pay the bank or commercial finance company. A portion of this payment will be allocated to the financing company and the remainder will be given to you. In general, purchase order financing costs more than traditional bank loans. However, if you are unsuccessful with getting a loan, this is an option you have to consider.

Inventory financing. Under this financing solution, you would use the current inventory of your present business to get a loan. This loan will enable you to buy the goods from suppliers abroad that your customers have been waiting for. With this option, you will be able to increase your inventory without adversely affecting your cash flow. Banks and financing companies offer three types of inventory financing: floor planning, blanket inventory lien, and field warehousing.