Retail Finance Training

Retail Indie Retail financeFinance Training, brought to you by Indie Retail Training, is an online learning course delivering an informed insight into Retail finance that can be completed anywhere, in your own time.

 

Key benefits

  •  Maximise each sale using retail finance
  • Learn how to legally promote and use retail finance in-store, online and in all other forms of media
  • Fully understand the regulatory requirements, the terminology and the methodology needed to offer retail finance

What's included in the course?

Whilst the principle of retail finance is very simple - letting your customers spread the cost of a purchase - the legal and regulatory side is quite complex. Failure to follow the rules could result in the Financial Conduct Authority fining your business or even banning it from offering retail finance.

This course fully explains the regulatory requirements, the terminology and the methodology needed to offer retail finance as well as how to optimise retail finance sales in-store and online.

Below is a screenshot of one of the interactive examples included in the course. Click the button below to visit the demonstration site which has been created to give you a flavour of the full course.

 

Start demo

 

 

RFT interactive example

 

Who should take this course?

This course is designed for all owners and employees in a business that either currently, or plans to, offer retail finance as a payment method.

The course will teach you how to legally promote and use retail finance in-store, online and in all other forms of media.

As well as covering the legal details this course also aims to make sure you maximise each sale using retail finance.

 

Why retail finance is important

By offering retail finance to your customers as a payment solution your business has access to a significant part of the £86 billion* consumer credit market.

*Consumer credit market worth £86 billion in 2020

 

How long does it take?

This varies by candidate and we encourage users to work at their own pace so each section is fully understood before taking the exam. To get to the section exam, all pages must have been read beforehand.

Progress is saved as a candiate works through the course, so they can log out and resume where they left off whenever is convenient.

 

What is the pass mark?

Sections one, two and three of the course will teach you about the legal regulatory requirements you and your business must adhere to when offering retail finance to your customers. Following these rules are a legal requirement so you will need a 100% pass mark to proceed.

Sections four and five contain the additional skills and information to make retail finance a success for your business, you will require an 80% pass mark.

Don't worry if you don't pass first time, you can recap all or some of the module before retaking the end of section test.

Once completed you will receive a certificate and will be ready to optimise one of the most powerful sales tools for your business.

 

How much does it cost?

The cost to access the course is £150 including VAT.

Members of the Association of Cycle Traders (ACT) and ActSmart receive preferential pricing.

For Appointed Representatives of C 2 Zero the course is free.

If you have any queries send us an email info@indieretail.uk.

 

Start your Retail Finance Training journey now  

 

If you'd like to get a flavour of the full course before comitting, try the demonstration site now.