June 17, 2020
TKC has introduced a new way to support its retailers by offering them a consumer credit package. The move, the company says, will help them stimulate their business and win more clients.
TKC has teamed up with retail finance specialists Ideal4Finance to develop the initiative.
The scheme is being communicated to retailers now and TKC says, is one of several measures it is planning to support the market as the economy emerges from lockdown.
TKC says it has negotiated improved terms for clients, including lower upfront charges, and a commission scheme which could make it cost neutral to the retailer.
Details include competitive APR rates and credit terms for the consumer running from 12-60 months.
“This finance solution is aimed at helping retailers stimulate business by being able to offer an affordable way to spread the cost of kitchen, while also enabling them to compete with the nationals who already have consumer credit facilities in place,” said Neil Taggart, marketing manager at TKC.
“We believe that post lockdown, and with limited ability to travel, consumers will look to spend money on their home which has become a valued safe haven. We want to help retailers in practical ways that will allow them to focus on selling and marketing their business and researching a reputable finance partner is one less thing for them to do.”
To participate, the retailer’s business will first be approved by the finance company and then individual customers go through a credit checking process before acceptance.
TKC is a specialist supplier of doors, accessories and components to the kitchen and bedroom industry. Founded in 1989, the business employs over 150 staff and operates out of 100,000sq ft, purpose-built premises in Denton, Manchester.
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