Versatile Credit

“We invest millions of dollars to create an experience when a guest comes into the store, and there's one thing that kills the experience — it doesn’t matter how much effort you put in it or how much money you spend, and that’s anxiety or stress,” said Shawn Roberts, VP of Finance at the Dufresne Spencer Group. “We teach it and we coach […] experiential financing versus transactional financing. Experiential financing is getting them approved early in the experience. And the reason being is, every guest comes through the door they have this hidden anxiety meter that you can't see, but it's there, and that anxiety meter is very high. […] It doesn't matter how much you spend on the experience, if you can say the words to her ‘Congratulations, you're approved.’ that anxiety meter goes [down].” “A couple of great things come from that, if you can embrace experiential financing. One, you take the anxiety away. Number two […] you get to stop talking about stressful price and start talking about payment […] you've established what their buying power is.” Versatile Credit's CEO Ed O'Donnell recently joined industry leaders Chris Guido, Mitch Fadel, and Shawn Roberts at High Point, NC to explore the evolution of consumer financing in home furnishings, in a discussion moderated by Tom Russell, Editor-in-Chief of Home News Now. At Versatile, we empower merchants to build dynamic, multi-lender programs that seamlessly connect customers to the right financing options, quickly and effortlessly -- however they choose to shop. Our platform adapts to meet businesses where they are, integrating easily with existing tools and processes to streamline the experience for both shoppers and staff. Interested in optimizing your credit strategy and delivering a streamlined financing experience for your shoppers? Let’s connect today! #ExperientialFinancing #customerexperience #Payments #Financing #ConsumerFinance #Credit #FinTech

“Our partnership with Versatile strengthens our mission to support contractors and dealers with innovative, best-in-class financing solutions,” said Ryan Ahearn, SVP of Product Management at Aqua Finance, Inc. “By leveraging Versatile’s powerful platform, we can help businesses provide more financing options to their customers, even to those with less-than-perfect credit.” “Aqua’s addition to our lending network significantly bolsters our offerings, particularly in the home improvement sector, where flexible and accessible financing options are critical,” said Ed O'Donnell, CEO of Versatile Credit. “This partnership reflects our commitment to offering the best possible solutions to contractors, dealers, and their customers.” Through Versatile’s advanced multi-lender portal, contractors and businesses can initiate financing applications from any device with ease. The portal allows users to receive pre-qualified offers without a hard credit check, compare financing plans, and view monthly payments; all before submitting their application. The process continues seamlessly, with applicants able to complete required steps like providing proof of homeownership and digitally signing agreements, helping to speed up project funding. For more information about the partnership between Versatile and Aqua, check out the full press release below! #HomeImprovement #Lending #EmbeddedLending #FinTech

We're thrilled to see Vicki Turjan recognized in Parity’s Top 100 Women in FinTech! At Versatile Credit, we are proudly committed to delivering innovative consumer financing solutions, fostering strong partnerships with our lending and merchant partners, and empowering businesses to achieve their goals. Vicki’s recognition is a testament to the leadership and values that drive us forward every day! Congratulations, Vicki, on this well-deserved honor and your incredible impact on the industry! #Leadership #FinTech #WomenInFinTech #Innovation

“Personalization has remained a key focus in retail for years, and for good reason. It’s not just about making customers feel valued. Personalized omnichannel interactions can drive significant business benefits, including increased loyalty, lower acquisition costs and improved customer lifetime value. When shoppers feel recognized and appreciated, they’re more likely to return, recommend the brand and engage with future campaigns. In fact, a McKinsey report found that 71% of customers expect personalization, and 76% are frustrated when interactions are not personalized.” At Versatile Credit, we make personalized financing easy and impactful. By leveraging data and creating a seamless in-store and online experience, our platform connects shoppers with financing that fits their unique needs, empowering staff to feel confident that they are offering the best option to every customer. Ready to unlock the power of personalization to drive meaningful opportunities for your business? Connect with Versatile Credit to find out more. #Personalization #Omnichannel #Payments #ConsumerFinance #CreditStrategy #FinTech

As credit scores shift and lenders refine their portfolios, creating a financing program that meets the evolving needs of all customer credit tiers is more essential than ever. With every customer interaction counting more than ever, the goal should be to provide financing options that empower all customers to make confident buying decisions, no matter their credit background. Versatile Credit partners with over 40 lenders across prime, near-prime, and no-credit-needed tiers, enabling retailers to build a robust, multi-lender financing strategy that supports customers wherever they choose to shop – in-store, online, or in-home – all within a single application. Looking to optimize your credit strategy and enhance the experience for both customers and staff? Connect with Versatile Credit today! #Payments #CustomerExperience #CreditStrategy #ConsumerFinance #FinTech

“In the end, it comes down to conversion, right? You want to take shoppers and turn them into buyers,” said Ed O'Donnell, CEO of Versatile Credit, at a recent panel at High Point Market, moderated by Home News Now. “A few years ago, they were just paper applications. You drag somebody over to the credit desk, and you go through that arduous experience of filling out applications, and then filling out another application, and shotgun them around. [Now] the attempt is to try to make the experience better for the shopper, makes them more comfortable […] and then make it more seamless.” “Ultimately, if you have a comprehensive strategy with good partners, you will understand your business. We can help give you data and amplify that understanding, and then help you deliver the credit strategy that you’re developing to drive sales. And it can be done […] how your customer is comfortable shopping, with their own device in their hand, a big kiosk that tracks and drives sales, as well as an online experience.?It can really be tailored to how your customers are more apt to buy. “ At Versatile Credit, we provide merchants of all sizes with the tools, expertise, and partnerships to build comprehensive credit strategies that meet the needs of customers across the credit spectrum in a single, seamless experience. We aren’t just a platform -- we’re a strategic partner dedicated to helping you design a full-spectrum credit approach that maximizes sales and drives approvals. Our adaptable technology integrates?with your existing processes and technology, delivering a streamlined experience for staff and customers --reducing operational overhead while ensuring consistency and compliance. Reach out to our team today to learn more about how your business can benefit from a strategic approach to credit! #Credit #CreditStrategy #Technology #Payments #FinTech

Versatile Credit is headed to SEMA! In today’s market, a full-spectrum credit strategy is critical to meet the diverse needs of your customers. With Versatile Credit, your business can seamlessly connect customers to the right financing options, regardless of their credit score, while enhancing their experience and driving impactful results. Reach out today to schedule a time to meet with us at SEMA and discover how Versatile Credit can help elevate your credit strategy! #SEMA #CreditStrategy #CreditOptimization #ConsumerFinancing #Payments #Automotive

“What we're seeing is the shift to pull in more information upfront about the purchase that's being made, and we use that to drive the finance waterfall. So what we're seeing is a transition from a more simplistic waterfall where you just go in sequence from lender to lender, to a more dynamic workflow where we're basically looking at the purchase that is being made, the purchase volume, and some preferences from the customer coming in to direct the customer to one or two products that makes sense for them. If you give [customers] an array of 30 options to pick from in an approval screen or an approval process, that customer is overwhelmed. They're not going to actually have a good experience with that even though they have a wide selection of those offers. It's all about directing that customer to a product that satisfies the purchase and also their needs as a consumer.” Versatile Credit empowers merchants to build a full-spectrum financing program that serves all shoppers -- regardless of their credit score. By streamlining the process, we guide customers to the right financing options quickly, boosting applications and providing a seamless experience for both shoppers and staff. A strategic approach to credit shouldn’t be an afterthought -- it’s key to driving customer satisfaction and revenue growth. With the right partners and strategy, your credit program can become a powerful tool for your business! Reach out to the Versatile Credit team today to learn more! #ConsumerFinance #EmbeddedLending #CreditStrategy #Payments #FinTech #Data

Versatile Credit is excited to be attending High Point Market! High Point Market always provides a fantastic opportunity to connect with our incredible partners — merchants, lenders, and new faces alike. We’re excited to learn about the latest innovations, products, and ideas shaping the industry this year! Will you be at High Point Market? Let’s connect! Reach out to the Versatile Credit team beforehand and let’s make the most of High Point this year! #HPMKT #HighPoint #Furniture #Networking #Innovation

“I think technology can be a great equalizer in many ways […] It brings speed to market, it can bring a consistent experience for the end buying customer, and it can add efficiency to the business and take costs out,” said CEO Ed O'Donnell in a conversation with Karen Webster at PYMNTS. At Versatile Credit, we believe technology can empower businesses to deliver a seamless and consistent consumer financing experience across every channel. By leveraging Versatile’s platform, businesses can streamline complex workflows, ensure compliance, and reduce operational overhead. All of this while offering a secure, smooth, and seamless financing experience to customers. Versatile’s technology connects businesses with a broad network of prime, near-prime, and no-credit-needed providers, helping them turn potential customers into confident buyers -- whether they're shopping in-store, online, or at home. Versatile equips businesses with the tools to meet customers where they are, offering flexible financing options that suit their needs and budgets. Interested in how Versatile Credit can unlock growth through a technology-driven credit strategy? Contact us today to explore the possibilities. #Payments #ConsumerFinance #CustomerExperience #FinTech #Technology