Online tool retailer boosts customer finance offer
Published: 10 December 2014
Ecommerce tool specialist Toolstop has partnered with V12 Retail Finance to offer its customers more options when making online purchases.
Toolstop has offered finance to its customers for the past five years, but since teaming up with V12 it no longer requires a customer deposit and can offer six or 12 months' interest-free credit and buy-now-pay-later options. The website, toolstop.co.uk, also now offers a simple finance calculator and an online instructional video. And if the customer still needs help agents are available on live chat.
In addition, fast decision making means the customer can have the tools they need delivered the next working day.
Since going live with V12, Toolstop has seen a 52% increase in finance applications and a significant increase in acceptance rates.
Toolstop is one of the UK's largest independent stockists and distributors of hand and power tools, access and storage equipment, personal protective wear and related products, serving both the trade and public. It operates from a 60,000sq ft warehouse.