The golf club is paid “up-front” and in full (rather than “on the drip” as the direct debits are collected) – giving greater scope for capital purchases and investment opportunities.
Flexible payment options improve the members’ perception of the club – increasing member retention and new member acquisition.
The club does not have to waste valuable resources on the collection process, chasing up payments and making special arrangements when difficulties arise.
Administration is reduced – Pay as you Golf will provide a reconciliation of each lump-sum payment paid to the club.
The club maintains control of the member relationship.
The club is partnering with Victory Funding P/L, a privately owned premium funding and instalment company with over thirteen years experience in the cash flow lending market.