InStoreFinance.com offers software programs allowing retail stores to increase sales by financing customers via online payment portals.
Business Model:
Revenue: $0
Employees: 1-10
Address: 151 Innovation Drive Suite 340
City: Elyria
State: OH
Zip: 44035
Country: US
InStore Finance is a financing platform that allows merchants to finance their customers&s; purchases. Merchants who use our program no longer have to lose big ticket sales when a customer doesn&s;t have all the money for the product they&s;ve carefully picked out, or as often happens, when their customer doesn&s;t qualify for traditional financing. We manage the paperwork and installments, and all the stores have to do is cash the checks we send them each month. Merchants who work with InStore Finance generate extra sales and now have more loyal customers since they get to tell them "you&s;re approved!"
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2012 | Debt Financing | 1 | $125k |
Partners Innovation Fund Partners Innovation Fund |
10/2012 | Seed Round | $15k | 6/2013 | Seed Round | $0 |
Bizdom Bizdom |
6/2013 | Seed Round | 1 | $165k |
Bizdom Bizdom |
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