Power tool financing is offered by hardware stores to help consumers buy upgraded tools or add high-margin accessories to their purchases for large home projects. Customer financing is important to offer because the larger chains you compete with have their own financing programs. Financing can increase the number of purchases made and the average order size.
Blispay, who sponsored this article, offers a customer financing solution for B2C hardware stores who operate brick and mortar and/or e-commerce channels.
