IAC inc. offers consumer credit to the retail and direct sales market. We finance a wide variety of goods and services as they relate to the fulfillment of consumer needs. The products we finance range from computers, software, and electronics to home improvements products, automobiles, motorcycles and boats. Services we have provided financing for in the past have included educational development programs, medical and dental procedures. IAC inc. was established in 1955 and, since then, has grown steadily to met the needs of a constantly and dramatically changing marketplace. Today IAC inc. offers both closed-end installment retail financing as well as open-end revolving financing programs to its participating dealers.
Direct sales, in one form or another, have long been part of our society. The peddlers of America's frontier days became, in the 1950s, the Fullerbrush and Electrolux sales representatives who sold their wares to families, door to door, in their homes. In the decades following the 50's, the industry evolved to include in-home sales of cookware, fine china, crystal, flatware, encyclopedias, bedding, and health related products and accessories.
As the products evolved, so did the incentives and costs associated with selling them. The quality of the products allowed them to command higher retail prices, which, in turn make the businesses more attractive to sellers. But higher prices also created a need for customer financing: the purchase of specialty items required tailored financing programs as opposed to credit cards.
IAC inc.'s retail business originated primarily from the direct sales industry. The company was founded in 1955 for the purpose of sales financing and equipment leasing. Over the years, IAC inc. has kept pace with the changing trends in the retail market place. Our strength is, and has been our ability to service the needs of those we deal with. Whether it’s the individual consumer, or the million-dollar retailer, we have a long tradition of integrity, honesty and fairness to all we service!
At the present time, IAC inc. offers its dealers the flexibility of either closed-end installment financing, or open-end revolving financing for retail purchases. We work with nearly 400 dealers and a very diversified consumer base throughout the Northeast and Mid-Atlantic regions. With the integration of today's technologies our Credit Response System (CRS) via the Internet and our web page, our dealers and retailers now have the ability to get instant credit approvals for their applicant 24/7. To find out more about IAC inc. please feel free to call us at 800-682-6979 or email us atinfo@industrialacceptance.com.
