Divido Announces POS B2B Finance Solution
Divido is extending its proposition to provide a B2B finance solution at the point of sale (POS) across Europe. In partnership with its panel of business lenders, Divido’s platform now allows retailers to offer B2B finance to their business customers at the checkout to increase sales.
By providing an alternative finance option that allows payment through instalments rather than one lump sum, capital is freed up and businesses should have greater control over cash flow. The credit limit for each application is up to £150,000 and the retail is paid in full upfront.
The solution will initially be available to retailers that sell to businesses in the UK, Germany, Poland, Sweden, Norway, Finland and Denmark, with more European countries to be added within the following year, as well as further afield.