Set simple rules in writing
Decide the down payment, how many installments you allow and the timeframe. Share it before the customer reserves.
What to agree on
These points prevent misunderstandings:
- Minimum down payment percentage
- Exact date of each payment
- What happens if the customer doesn't finish paying
- When the product is delivered
Keep an organized record
Note each payment with date and amount and send the customer a receipt. Clarity builds trust and avoids disputes.
Reserve only what's in your catalog
With Vallen you keep your catalog current and mark what's reserved, so you never sell the same product twice.
Layaway and installments can open your business to more customers. With clear rules and consistent records, you sell more without compromising your cash flow.