The newsroom is a place for you to find the latest news articles and press releases featuring Fortiva Retail Credit.
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2019 New Year’s Resolution: Measure the Success of Your Financing Program
There are several ways to measure the success of your financing program and, for each measurement, there are various strategies that, when evaluated correctly, have the potential to improve your business. As we all strive to ensure the most effective solutions for our customers and sales goals in 2019, it's essential to understand which metrics to monitor and what factors might be having an impact.
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Fortiva Retail Credit's Joe Ferguson and Oliver Wyman’s Robert Mau highlight the trends empowering credit payments to move more quickly and effectively across the channels customers engage with, including mobile and web POS systems.
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Atlanticus Holdings Corporation, a technology enabled consumer finance company, today announced an agreement to sell $167.3 million of asset backed securities ("ABS") secured by Fortiva® branded retail point-of-sale receivables (the Fortiva Retail Credit Master Note Business Trust Series 2018-One). The transaction represents the first term ABS issuance sponsored by us since 2004 and follows the closing of our $100.0 million revolving credit facility in June 2018 secured by Fortiva® branded general-purpose credit card receivables. Read more!
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Credit: Broaching The Subject Hinges On Good Timing
Consumer financing in today’s retail landscape is considered a must, as it plays a major role in where customers shop and ultimately buy. According to published reports, most shoppers decide on their payment method prior to entering the store, an indication salespeople must be prepared to address questions about credit options. Read more!
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Don’t Miss Out by Putting Off Upgrades to Payment Suite
It’s easy to put revenue-driving initiatives off, especially when work is busy and business is good. However, there is a significant threat of lost sales by delaying the implementation of a robust financing program that works for customers across the credit spectrum. By taking the time to research and implement a full payment program today, your business will be better positioned for several months of boosted sales and happier customers tomorrow.