IMAGE: WORKWAVE
WorkWave, a leading provider of software-as-a-service (SaaS) solutions that support every stage of a service business’s life cycle, has announced its strategic partnerships with Wisetack*, which offers pay-over-time for home services, and global embedded financing platform YouLend**. The company notes that these partnerships “will complement the already comprehensive financial services offered by WorkWave, giving their customers the ability to offer even more flexible payment options to end customers, while also giving WorkWave customers more flexible financing options that they can use internally, to help their business grow, when capital needs arise.”
Wisetack is a leader in embedded pay-over-time options for in-person services. Through this partnership, WorkWave customers will be able to use Wisetack to offer their end customers flexible, pay-over-time financing options for larger purchases. This offering fits the needs of a budget-conscious buyer who wants or needs the service performed, but cannot afford a sudden large ticket purchase. This also benefits the service provider because it allows them to perform these larger ticket services that would otherwise not be sellable, or would be delayed, fueling their growth.
YouLend is a leading global embedded finance platform. Businesses often need cash quickly to cover unexpected expenses or take advantage of business opportunities. However, they may lack the credit history, collateral or time it takes to qualify for traditional bank lending. WorkWave’s partnership with YouLend will provide its customers quick and easy access to the additional capital buying power they need to make the most of these opportunities, combined with flexible repayment options.
WorkWave initially announced its financial services suite of solutions in April 2022, and has since seen a 40 percent increase in payments volumes since then. In addition to the new capital lending and pay-over-time solutions, the financial services product suite includes credit cards, payment processing and more.
*All financing is subject to credit approval. Your terms may vary. Payment options through Wisetack are provided by our lending partners. For example, a $1,200 purchase could cost $104.89 a month for 12 months, based on an 8.9% APR, or $400 a month for 3 months, based on a 0% APR. Offers range from 0-35.9% APR based on creditworthiness. No other financing charges or participation fees. See additional terms here.
**Funding is provided by YouLend; WorkWave is not providing the credit. Terms and conditions apply.
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