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Discover Acima Leasing: The New Way to Offer Appliances

Jul 04, 2024

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As a retailer, you know that helping customers afford big-ticket appliances can be a game-changer for your business. Acima Leasing effortlessly brings flexibility to your business with our innovative alternative to financing. Wondering how? It’s simple— lease to own!  

With a focus on convenience and inclusivity, Acima Leasing caters to the growing demand for an alternative to financing in retail, particularly where big-ticket products are offered. This article will highlight the key benefits of using Acima Leasing, showing you how it can transform both your sales and your customer satisfaction.  

A Flexible Alternative to Financing   

Quick and Easy Application Process  

Acima Leasing offers a streamlined application process designed to be quick and user-friendly. Imagine your customers being able to apply on their mobile phone and getting an approval/denial decision within minutes. All they need is:   

  • An active checking account with at least $750 in monthly income 

  • Three months of income history 

  • A government-issued photo ID, and an SSN or taxpayer identification number.  

If approved, the approval is valid for 60 days, giving them plenty of time to decide on the final product they want to lease. The best part? They can shop without using credit*, making this option accessible to a wider audience. Nearly half of U.S. consumers are categorized as non-prime(1) and are usually looking for alternatives to financing. By offering Acima Leasing, you're helping more customers bring home the appliances they need without being restrained by the limitations of financing.  

Flexible Lease Renewal Payment Options 

Acima Leasing understands that every customer has unique shopping needs and preferences. A customer’s lease renewal payment aligns with their paydays, ensuring a manageable schedule. Plus, they can take advantage of two early purchase options: a 90-day early purchase option (three months in California) and a subsequent early purchase discount based on remaining lease renewal payments. These options empower your customers to gain ownership sooner. 

Customer Convenience  

In today's fast-paced world, convenience is key. With Acima Leasing, your customers can apply from the comfort of their homes or while on the go. Whether through the mobile app, online, or in-store, the application process is accessible anywhere, anytime. This flexibility not only enhances the customer experience but also makes your store more appealing. 

Benefits to Merchants: Three Benefits to Look Forward To  

Sales Growth Opportunities 

 Offering Acima Leasing’s lease-to-own solution can help significantly boost your sales by attracting customers who might otherwise be unable to afford large items. By providing a flexible lease-to-own option, you show that your business is inclusive and understands diverse shopping preferences and lifestyle needs. This can lead to increased customer loyalty and repeat business.  

ECommerce Expertise  

In the digital age, a seamless eCommerce experience is essential. Acima Leasing provides a frictionless eCommerce solution that allows customers to complete their transactions without leaving your site. This smooth process makes it easier for customers to commit to completing their transactions, reducing your cart abandonment rates. To learn more about the robust API and pre-built shopping cart plugins Acima Leasing offers, check out our website. 

Enhanced Customer Satisfaction  

Happy customers are loyal customers. By offering a lease-to-own option through Acima Leasing, you’re not just providing flexibility; you’re building lasting connections with your customers. Inclusivity speaks volumes. When customers see you prioritizing their needs, they feel valued and welcome. Enhance your customer relationships by prioritizing their need for flexibility and inclusivity.  

Positive Customer Impact  

Alternative to Financing  

Not all customers can or want to use financing. Lease-to-own options provide a valuable alternative, allowing them to shop for the items they want without financing. This flexibility can be a deciding factor for many customers. 

Access to Big-Ticket Items  

With Acima Leasing, customers can be eligible to lease up to $5,000 in merchandise**, giving them the shopping power needed to acquire major appliances like refrigerators, washers, dryers, and dishwashers. This accessibility ensures that more households can enjoy modern conveniences, making your business a go-to destination for big-ticket appliances.  

Why Use Acima Leasing  

In summary, Acima Leasing offers a range of benefits that cater to both customers and retailers. A convenient and flexible lease-to-own option, a quick and easy application process, and a customer-centric approach make it a standout choice in the market. For retailers, the potential for sales growth, enhanced eCommerce integration, and improved customer satisfaction are compelling reasons to adopt this alternative to financing.  

Acima Leasing is revolutionizing the appliance shopping experience by providing an accessible alternative to financing. By offering Acima Leasing, you can ultimately foster a more inclusive and flexible shopping environment. Take the next step and see how Acima Leasing can transform your business today. 

 

1. “The Consumer Credit Card Market.” Consumer Financial Protection Bureau, September 2021, https://files.consumerfinance.gov/f/documents/cfpb_consumer-credit-card-market-report_2021.pdf