Obviously, you will be aligning with a collection agency as non payment on smaller orders plagued every online financing site. I can see financing on larger orders of hardware etc. but on a small order, it's more work for you book-wise, and should someone actually default on payment, it could take sometime before you see any money, meaning you will have to cover the costs while you wait. It then starts spiraling from there, one more, then one more.... It saddening to realize that some ppl will try to burn you, and some accts you may never recover. You just gave coral away.
I would say to do some deep research about interest free loans and think of every possible bad scenario resulting from non payment. It's been thought of before, with little to limited success...IMO. Your intentions sound great, but the intentions of thieves should be considered. Non the less, frag box has been my coral source of choice, and the drive to exceed customer service only solidifies my return business!!!
|