Strategy

Nix Costly Interest With Special Financing

Colman and Co., which sells apparel decorating supplies for direct-to-garment printers, embroidery machines and rhinestone machines, now offers Bill Me Later as a form of purchasing its products. Bill Me Later is a product offered by PayPal that allows people to purchase items without any payments or interest for a given period of time. Currently, Bill Me Later is offering Colman and Co. customers six months no payment, no interest on purchases of $99 or more.

Michael Georgevich, operations manager at Colman and Co., says, “Our customers have asked us many times if we offer financing and we’re proud to finally be able to say we do.” Now when customers purchase decorating supplies, Bill Me Later allows them to save money by making bulk purchases, even when cash is short. This is a great way for customers to avoid paying high credit card interest fees when purchasing supplies.