---
title: During Tough Times, Flexible Payments are Key | Katapult
description: Customers are worried about their jobs and paychecks while retailers are concerned about your sales and how to support customers who still need products. 
image: https://blog.katapult.com/hubfs/Imported_Blog_Media/1024x630-Blog-Post-2.png
---

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# During Tough Times, Flexible Payments are Key

By Katapult on Jun 11, 2020 12:00:00 AM

During this crisis, much has been learned. Customers are worried about their jobs and paychecks while you as a retailer are concerned about your own sales and how to continue to support these customers who are still in need of products. 

This is where [Katapult](https://blog.katapult.com/) helps both sides. 

[Katapult works with retailers](https://blog.katapult.com/katapult_konnect) to allow customers to make the purchases they need on a payment plan that works for them. Katapult aligns with the consumer’s pay dates and for only $45 dollars at checkout, they can make their purchase with a [lease to own program](https://katapult.com/) with no credit required. For retailers, you are funded within 1-3 business days and all credit and risk is taken on by Katapult. 

[Lease to own is becoming a key trend in the retail and ecommerce space](https://www.forbes.com/sites/jiawertz/2020/04/28/lease-to-own-integral-e-commerce-growth-strategy), and it is important to have options for your business. 

Our model has been a success for all of our partners during this challenging time. This includes:

- **164%** increase in our sales from our mattress retailers
- **137%** increase in our sales from our [furniture](https://katapult.com/categories/furniture/) retailers
- **45%** increase in sales from our [electronics](https://katapult.com/categories/electronics) retailers 

Our payment program is catered to today’s consumer. [30% of Americans](https://www.lexingtonlaw.com/blog/finance/average-credit-score.html) with a valid FICO credit score had poor our bad credit. [Around one 5th don’t have a credit score](https://www.fool.com/the-ascent/credit-cards/articles/22-of-americans-dont-have-a-credit-score-heres-why/). You need a payment program that allows you to sell your product to these consumers. 

Learn more about Katapult can offer you a flexible payment option and see how we can help grow sales for your business both now and in the future. 

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This is an advertisement for Katapult’s lease purchase or lease to own service. The path to ownership will cost more than the merchant’s cash price. Certain items available at participating locations. Not available in MN, NJ, WI, WY. Retail partner discounts are only valid for a limited time period and are not controlled by Katapult. Katapult may get a commission.

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