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-   Fragbox (http://www.canreef.com/vbulletin/forumdisplay.php?f=235)
-   -   Fragbox Financing (http://www.canreef.com/vbulletin/showthread.php?t=99746)

fragbox.ca 08-07-2013 05:02 PM

Fragbox Financing
 
We are in the early stages of setting up the first available coral financing service : )

It will be available to anyone across Canada
on our entire online store
on minimum orders of $100
available on Halo by Lightbox
can finance the shipping
can finance for up to 6 months and make monthly payments
it will be interest free
small down payment required


more details to come in the near future

http://i1092.photobucket.com/albums/...ps5713a929.jpg

Karsten 08-07-2013 05:41 PM

...why?

globaldesigns 08-07-2013 05:45 PM

Hmmm. if you need to finance a coral, then maybe you shouldn't have the tank.

Very weird, but I guess some will take advantage of this.

DAVE 08-07-2013 05:49 PM

I don't think this thread is serious....

fragbox.ca 08-07-2013 05:51 PM

within 30 minutes of posting someone has already emailed us with an order and requesting more details on financing thats why : )

some people would prefer to pay it off month by month

also its interest free and we try to be innovative and offer things our competitors dont

fragbox.ca 08-07-2013 05:51 PM

@hydrologist
"I don't think this thread is serious...."

It absolutely is....

Slyguy00 08-07-2013 05:59 PM

It seems like a good idea, but what about the guys that kill the "financed" coral before its payed off. You may have a hard time collecting. Just my two cents

fragbox.ca 08-07-2013 06:03 PM

@slyguy00
yes we have thought about this it was the biggest consideration when deciding whether to move forward or not
we offer stay alive guarantee for 10 days and only sell healthy frags. If a piece dies within the finance period the person is still responsible for it

Karsten 08-07-2013 06:05 PM

I work in finance and my two cents are bad idea. And what is your exit strategy?
Do you take a credit card number for collections?

Proteus 08-07-2013 06:11 PM

We all like "high end pieces" but if you can't afford save your pennies


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