Instant Verification Consumer Financing
With “No Credit Check” Option
Program Benefits
Unsecured Revolving Credit Program
Flexible loan terms with no prepayment penalties
Loan amounts from $1K to $7,500
Available in all 50 states, Puerto Rico & the Virgin Islands
Fico scores as low as 500
Instant pre-qualification and Loan Verification
No recourse financing to merchant
Funding within 72 hours upon loan completion
Eligible Vertical Markets
Home Improvement
HVAC
Furniture & Mattress
Jewelry
Auto Parts & Accessories
Consumer Electronics
Automotive Repair
Our Instant Verification consumer financing program is a popular choice for merchants who require immediate
approvals and instant verifications as well as for businesses that require a “second-look” financing option for credit
challenged customers. Merchant setups take approximately 7 days and merchant discount rates range from 9% to 45%.
Businesses must be established with gross annual sales over $500,000 to qualify for this program. Our team will show
you how to build the cost of sub-prime financing into your profit margins so you can say “Yes” to more customers.
We also offer a “No Credit Check” Lease-Purchase option for purchases up to $2,000 with a 90 day, same as cash promotion
allowing participating merchants to give their customers more purchasing power and financing options for unbanked consumers.
Instant Verification with "No Credit Check" Option
WWW.CONSUMERFINANCEPROGRAM.COM
Loan Term Chart Ranges & Interest rates – Instant Verification Program
Rate Matrix
Market Type
Loan Terms
Auto Repair
Jewelry
Furniture
24 Months
19.9%
19.9%
21.0%
36 Months
19.9%
21.0%
48 Months
21.0%
60 Months
Computers
19.9%
19.9%
Loan Term Chart Ranges & Cost of Lease Matrix – “Optional” No Credit Check Lease Purchase Program
Maximum Lease Amount
Mo. Lease Payments
# Mo. to ownership
Total Lease Purchase Cost
$300
$45
12
$540
$500
$75
12
$900
$750
$112
12
$1,350
$1,000
$150
12
$1,800
$1,250
$187
12
$2,250
$1,500
$225
12
$2,700
$1,750
$262
12
$3,150
$2,000
$300
12
$3,600
All Other
19.9%
19.9%
21.0%
19.9%
Cost of Lease Services*
$240
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
This is a lease-purchase agreement. Borrowers do not obtain any ownership rights until they have paid for the property in full.
* Plus any fees and taxes
Borrower Qualifications
 Subject to credit approval
 FICO score of 550+
 Debt-to-income ratio of 45% or lower (adj. gross back-end)
 Bankruptcies discharged 2 years or more
Required Documentation
 Signed and dated application and agreement
 Driver’s License
Funding
Merchant is funded directly by the lender, typically 72 Hours
upon loan documentation completion.
All loans are subject to credit approval. Quotes listed in the
above payment matrixes are not guaranteed. Figures may
vary depending on credit scores, vertical markets & other
personal information.
Program Pricing
Retail Price
Setup and Activation Fee
$599
Monthly Program Fee
$199
Program Discount %
10% - 45%
(Applied per funded loan)
“No Credit Check” Cost of Lease 80% of product amount
“No Credit Check” Discount Rate 6% - 10%
("No Credit Check" programs optional)
(No set up or monthly fee if added to prime program)
Lease Purchase “No Credit Check” Stipulations




Lease to own of tangible goods only. No services,
warranties or memberships are eligible.
Borrowers may make multiple same day purchases
Program available in 47 states (Excluding NJ, MN and
WI)
Only available to the following vertical markets:
o Home Services
o Furniture
o Jewelry
o Auto Parts
Certain features of this program, including instant
verification and revolving credit functionality, require
additional merchant paperwork and merchant approval.
Businesses that do not qualify for these features may still
qualify for our basic sub-prime lending solution.
Sales Representative:_________________
eMail:______________________________
Phone:_____________________________
FAX:_______________________________
Instant Verification with "No Credit Check" Option
WWW.CONSUMERFINANCEPROGRAM.COM