Home / Knowledge / News / Information Technology / Small businesses can finance like big businesses do
Small businesses can finance like big businesses do
Apr '08
Prinion Customer Financing, a leader in small business financing software, unveiled the nation's first software package designed to give small and mid-sized business owners new options for in-house financing of products and professional services.

Prinion Customer Financing is an affordable Windows-based modular financial management program that enables any retailer or service provider dentists, jewelers, plastic surgeons, attorneys, etc to manage their own receivables to improve cash flow, increase earnings and generate more business.

"Our experience shows that businesses that offer in-house customer financing can produce increased earnings of 15 to 20 percent of outstanding receivables," said Lonnie Lauer, president of Prinion.

"Owners of small to mid-sized businesses and service professionals no longer have to turn their valuable clients over to third-party finance companies."

"Whether it's a diamond ring, a new living room set or laser eye surgery, businesses will benefit by establishing pre-approved accounts for loyal customers and making sure that they are treated fairly regarding minimum payments, interest and late fees.

Better yet, customers and patients can make purchases or get elective procedures whenever they are ready, knowing that the financing will be handled by the same trusted professional delivering the services."

Many businesses currently offer customers credit terms via a credit card or third-party consumer financing company with credit practices and rates beyond their control while losing 15-20 percent in collectible revenue.

Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search