Platehunter recovers
20% of declined customers.
Platehunter converts 1 in 5 declined customers into sales using Payl8r’s second-line finance model.
Platehunter’s strategy to recover declined sales.
Platehunter, a leading provider of personalised registration plates, sought to enhance their finance offering for customers purchasing private number plates.
While their prime finance provider catered to customers with strong credit profiles, a significant portion of applicants were declined, resulting in lost sales. To bridge this gap, Platehunter partnered with Payl8r, integrating our second-line finance model to recover declined applications and improve overall conversion rates.
The Challenge.
The Solution. Payl8r.
The Results.
Their rate-for-risk model strikes the right balance, more approvals for customers and more completed sales for us.”
Boost sales with an alternative finance option.
Not every customer will be approved by your primary finance provider, but that doesn’t mean you have to lose the sale. By adding Payl8r as an alternative finance solution, you can recover those declined customers and turn them into completed sales.
More Approvals
Smarter Lending Decisions
Complements Your Finance Provider
Quick and Easy Setup
Tailored Payment Terms
More Ways to Say Yes
Turn declines into deals.
We’re here to help you understand how offering an alternative finance option could boost your sales.
Fill in your details, and our team will get in touch.
- [email protected]
- 0161 425 6363