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Financing floors

If you are considering financing your new floor, I suggest you read this article. There are many companies out there today who offer long term financing. Companies Like Wells Fargo, GE Consumer credit, Citi Financial and more. All of these companies charge the retailer a percentage for offering you special financing. I'm sure you have seen offers that range from 90 days to over two years. There is no charge from the credit companies for offering 90 days sames as cash. There is a slight charge for offering six months, but it is not enough to worry about. The retailer will most likely absorb the cost of these two terms, however they will not absorb the cost of long term financing. The finance company will allow you to make payments over the terms, or you may choose no payments and elect to pay the entire balance at the end of the financing period. Waiting till the end to pay is to risky. I suggest that you go with the monthly payment option. The problem with financing a floor, is tha...