Capture budget-wary customers Even optimistic consumers are tightening their belts. According to Q1 research by a leading global consulting firm,* consumers across income levels and generations are decreasing their discretionary spending. Three-quarters of consumers surveyed said they chose less expensive products or went without needed services in the first quarter of 2025. That’s up slightly from year-end 2024. You can offer point-of-sale (POS) lending—like U.S. Bank Avvance—to help your customers purchase big-ticket items they want, when they need it and spread out their payments over time. POS lending can increase an average order size by 30% to 40% and increase checkout conversion rates by 30%. Businesses appreciate these direct benefits: - Get paid in full, up front: Receive funds in full, within 48 hours, on every financed transaction.
- Hassle-free: U.S. Bank handles monthly billing and payments so you can focus on what’s important – growing your business.
- More sales – Empower your customers with a fast and transparent payment option.
- Increase transaction sizes: Financing makes important purchases affordable.
- Zero investment costs: There are no recurring fees and no cost to enroll in Avvance.
Avvance is best suited for businesses that have high average transaction values such as home improvement, installation and repair, automotive services, furniture sales and elective healthcare. How POS Lending differs from Buy Now Pay Later (BNPL) Like BNPL, consumers receive lending approvals within seconds at checkout. However, with POS Lending there is more rigor applied than the BNPL “pay in four” option and may include deeper credit verification and interest fees (APRs), depending on the length and terms of the loan (the POS loans are longer-term with 3- to 60-month repayment plans). Contact your Account Manager to find out if U.S. Bank Avvance POS lending is a good fit for your business. Back to top |