Meridian Furniture and Credit Key Offers Finance Options for Designers

Meridian Furniture has partnered with Credit Key, a B2B payment solutions company, to create a flexible financing program that will solve a challenge many designers and independent retailers face that inhibits the placement of orders quickly and efficiently, according to a press release.

Under the new program, Meridian customers will have access to up to $50,000 in financing with a streamlined digital application that is reviewed, and a decision granted virtually in real-time. If approved, the designer or retailers can use their line of credit on the spot, company officials said.

If the customer pays within the first 30 days, there is no interest, and if they want to extend their terms, they can for up to 12 months, starting at 1-percent interest per month.

“Our goal in offering the program is to help our customers keep their floors fresh and exciting during challenging times,” said Michael Rosilio, President of Meridian Furniture. “Credit Key offers a unique approach to pay-over-time solutions with flexibility in terms and no hard credit pull.”

Meridian Furniture’s 24-hour quick ship program combined with Credit Key’s instant access to business credit is a solution for customers who want to keep their showrooms stocked with the latest collections. Staying up to date with consumer trends is vital for successful B2B customers, who can apply for financing and instantly place online orders via the Meridian Furniture website.

“Smaller independent retailers often see a ton of value in our solution,” said Sarah Senne, Credit Key’s director of marketing. “The key is that we handle everything, so our partners don’t have to deal with risk or collections, and the customers get to choose their terms. This enables small businesses to better manage their cash flow, place larger order sizes, and increase their order frequency, all of which can lead to business growth for retailers and designers.”