Retail Finance

Retail finance involves providing consumers with credit options, like loans, credit cards, or installment plans, to purchase products and services from retail stores or online merchants. It helps customers manage their cash flow by spreading payments over time, making it easier to afford big-ticket items or everyday purchases. Retail finance providers assess the customer's ability to repay and often partner with merchants to enhance sales. Overall, it simplifies shopping for consumers while enabling retailers to increase sales and customer loyalty through flexible payment options.