Bread, a financing technology company that raised $126 million in August 2017, offers a full-funnel white label financing platform designed to help retailers reach more consumers seeking to pay in monthly installments.
The platform’s financing options include a wide range of loan term lengths and structures. Purchases with Bread are straightforward installment loans with transparent terms and pricing and no deferred interest or pre-payment penalties. Example loan programs include terms from three to 36 months, positive APR loans and 0% APR loans.
The Bread solution is designed to allow shoppers to check out from any page with financing in 60 seconds, without leaving the merchant’s site. Retailers can approve financing plans at all stages of the buyer’s funnel, whether on:
- Product pages;
- During checkout;
- Category pages;
- Search results;
- The home page; and
- Via email.
Merchants can customize and optimize the Bread experience throughout their purchase funnel, and control UX elements to create a consistent brand experience and show personalized pricing for approved shoppers.
Bread integrates seamlessly with numerous e-Commerce platforms, including Shopify, Magento, WooCommerce, BigCommerce, Mozu, Volusion and Oracle NetSuite.