You decide to extend credit...we provide the financial infrastructure.
My Catalyst for Vendors
Our newest service for vendors is our My Catalyst program. You decide whether you want to extend credit and set the interest rate you need to cover the financing risk. We provide the financing infrastructure and administration, including:
- conducting the credit write up
- processing pre-authorized payments and deposits to vendor's bank
- registering title of the asset to the vendor, and
- managing payment defaults.
My Catalyst puts the credit decision into your hands making it easy for you to offer in-house financing to your customers, under your brand, without taking on the administrative infrastructure.
For more information about My Catalyst, contact us today.