There are many methods of financing, all of which have different advantages. In-house financing is one of those methods. While this is not a common practice, Boulevard Home Furnishings has specialized in providing in-house financing to the community for over 30 years.
Many people are unfamiliar with in-house financing, how it works is the seller of the item you are looking to purchase extends to you a loan in the amount needed to complete the purchase. Because in-house financing eliminates a third party, such as a bank, it becomes a much simpler process for a person to get a loan.
Here are the top 3 benefits of in-house financing:
1. Convenience & Experience
Without the presence of a third party, the company is able to create an experience that is customized and beneficial to both the customer and the company. This makes for a smooth transaction which doesn’t end at the point of sale and builds a relationship that lasts for months, or even years, creating a trust between both parties enabling even easier future transactions. You will never have to worry about: Who am I going to call when I have questions? Or think: They just look at me as a number and don’t really care about my business, because it is a mutually beneficial relationship between you and our company.
2. More Flexibility
Just because you have a particular price range you’re limited to, you’re never limited in financing choices. In fact, when you have in-house financing options available you have more choices than you probably imagined. In-house financing allows for much more flexibility in finding the financing that works best for you. It may be no-credit-check financing, same as cash financing, or no interested extended financing options that can be offered based on your particular situation. You can even get preapproved allowing you to set your own budget and not get ahead of yourself by selecting an item you may not be able to afford or have trouble making your future monthly payments on.
3. Build Your Credit
In-house financing means you and the company will determine together what you can afford for your payment each month. While credit checks are taken into consideration it is not the only way to determine credit worthiness. Because the relationship is so personal, there are options that can be customized for those who have bad credit. These in-house financing options are also some of the best ways to rebuild your credit, so make sure to ask to have your payment history sent to the different credit bureaus.
Boulevard Home Furnishings not only offers in-house financing to customers that are looking to purchase Furniture, Appliances, Mattress, Electronics, and Flooring but they have also partnered with a number of your favorite local companies.
Apply to see how much you’re approved for here!
Once you’re approved for financing at Boulevard Home Furnishings, you are also approved to make purchases at the following companies:
