KBBG and Retracare team up to offer consumer finance scheme

Added: 30th September 2019

The Kitchen Bathroom Buying Group (KBBG) has teamed up with Retracare to launch an exclusive consumer finance package for its members.

From October 1, KBBG members can offer their customers a variety of finance options to support their sales. 

The packages available include a selection of schemes including buy now and pay later, interest free from three to five years, and interest bearing from five to 10 years.

The new scheme is backed by Hitachi, which is said to be the UK’s largest consumer finance provider. 

Said Bill Miller, managing director of the KBBG, (pictured): “We have introduced this to help our members generate more kitchen and bathroom sales and better compete with the national retail chains who offer consumer finance. 

“There is a gap in the market, as most finance companies are reluctant to work with smaller independent businesses, such as kitchen studios. However by utilising the strength of the KBBG, we have been able to put together a really good scheme, backed by Hitachi and ideally suited to the KBB industry.”

He added: “We have sought the support of the expert in the industry, Retracare, which has over 25 years’ experience in providing consumer protection. We can now offer our members a variety of finance options for their customers who wish to trade up and to consider options that might have been previously out of reach. 

“For the independent kitchen and bathroom specialist, this exclusive package not only includes kitchen furniture, appliances, worktops and bathrooms, but also installation.

“Working together with Retracare, we have negotiated exclusive discounted rates for KBBG members, which are exceedingly attractive and have the backing of the very best in the industry.”

Commenting on the scheme, Retra chief executive Howard Saycell said: “This is a superb opportunity for Retracare and extends its reach to another associated area of the industry. 

“We have tremendous experience, of a quarter of a century, in caring for and supporting consumers. We are proud to be able to extend our service to assist the members of the KBBG and their independent kitchen specialist businesses, and offer them a selection of very comprehensive and extensive packages. We are very excited about the new scheme and look forward to talking and working together with KBBG members.”

The special Retracare package for the KBBG’s independent kitchen specialist members also includes an exclusive five-year warranty, with preferential rates, on all appliance sales, which can act as a useful add-on for the retailer.

For more information on the new consumer finance scheme for KBBG members, call Bill Miller, managing director of the KBBG, on 02382 021347, or 07887 247811; or email b.miller@derkreis.co.uk or visit the website: www.kbbg.co.uk