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- Finance Solutions
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What’s new?
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What’s new?
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Now a leading provider of outdoor and indoor golf enclosure and simulator experiences, Golf Bays UK began its journey when Rob, its golf-loving founder, looked for ways to beat the elements.
Frustrated by the number of lessons ruined by rain and windy weather, Rob turned his attention to finding a solution: the design and manufacture of customised golf enclosures for indoor and outdoor use.
Today, the company’s mainstay products are its superb range of robust, easy-to-assemble, conveniently sized, steel frame canvas enclosures. Its simulator bundles are internationally acclaimed, and in a few short years, Golf Bays UK has grown exponentially.
As its product range expanded, the business looked at ways to increase conversion rates through point of sale finance. It had already partnered with PayPal, but was looking for a provider who could service its higher-ticket items (up to £30,000).
Zopa’s retail finance solution, DivideBuy, offered a comprehensive suite of finance tools. Its interest free and interest bearing credit options from 3-60 months let customers access Golf Bay UK’s impressive range of products more affordably. The finance provider also had a track record of delivering high approval rates and increasing sales – making it the ideal partner for a rapidly-growing business.
Golf Bays UK added Zopa’s finance solution to its checkout payment options. Thanks to a sub-2-minute customer journey and conversion-boosting tools like DivideBuy’s Eligibility Checker, it didn’t take long for the business to see results.
With approval rates up to 88% on order values of £3,000 or more, the finance offering gave customers a quick, simple way to spread the cost on Golf Bay UK’s products. The business also saw a sharp uptick in sales, achieving 422% of its revenue target for 2024 by April alone.
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Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy that are 12 months or less in duration are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy’s trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2024. All rights reserved.
Sunday 29th September 2024
Our merchant partner Simba is giving one lucky winner a Hybrid® mattress, duvet, and pillow bundle worth up to £2,952. Choose from one of their Comfort, our high-tech Deluxe or their heavenly Earth mattress ranges.