Financing options are critical for your sales. They give customers more choice and flexibility that they need. The cost of not offering financing may be higher than the 'scary' fees.
Here are a few ways to manage your financing costs in OnCall Air:
Option 1: As Part of the Equipment Bundle
This will allow you to set financing cost as a buffer on all jobs that are closed with or without financing.
The buffer does NOT apply it to the total investment of the job, so it's important to calculate it accordingly.
Option 2: As a Financing Option Markup
Another way is to control your dealer's fee in the Financing Option level. Inside every financing option created, in Office >> Settings >> Finance Options, you can set your Financing Markup to the value of the dealer/contractor fee which you have with your bank:
Option 3: As a Mixed Model
You can also have some portion of the fee set up as a buffer in the equipment bundle cost and some on each financing option. Or you could set up all your Financing Markups to be an average amount and assigning it to all financing options. This approach is great for those who want to use the Multiple Financing feature.
In the end, each way has its pros and cons. We recommend creating test proposals and offering financing to see what your final pricing will look like. Pick the approach that best fits your business model.