We need a “financing” option for our Magento site.
As an example, the product info part will be similar to Dell.com (example in attached image). For example, when someone views a product, the price is $15,000. Also listed is a ”finance this for as low as $425/month” option will be listed along with the normal price. Further, this “finance” option will be listed on the product page and in the cart.
When they check out, they can choose to finance or buy (the cart total would be listed as $30,000 (or finance this for $850/month). If they choose to the finance option, a finance application is available to them. They then submit the app online and the cart contents come to us with the app.
Unlike Dell, this will not be a fully-automated process with online approval. Armed with the completed app and cart contents, our finance guy calls them within 1-2 hours to finalize things.
FYI: The teaser rate would likely be a simple percentage of the product price, so that part should be relatively simple.
1. Does capability currently exist inside Magento?
2. Does an extension exist?
3. If not, how much effort would this require from a skilled Magento programmer? Any takers?
Thanks in advance for your help!
Click thumbnail to see full-size image