Inspire vs. Hearth vs. Synchrony Financial: The Best Customer Financing Solution for Your Business

In today’s competitive market, offering customer financing is one of the most effective ways to increase sales, boost conversions, and improve customer satisfaction. If your business sells high-ticket items or services, financing can make your products more accessible while helping you close more deals.

But not all financing solutions are created equal. Many business owners struggle to find an affordable, flexible financing platform that benefits both them and their customers.

In this article, we’ll compare Inspire, Hearth, and Synchrony Financial—three popular financing options—to help you determine which is the best fit for your business.

Why Offering Financing is a Game-Changer for Your Business

Before we break down the differences between Inspire, Hearth, and Synchrony, let’s quickly highlight why customer financing is essential for business growth:

✅ Increases Sales & Conversions – Customers are more likely to make a purchase when they can pay over time.
✅ Boosts Average Order Value – Financing allows customers to buy higher-priced products and services.
✅ Provides Competitive Advantage – Offering flexible payment options differentiates you from competitors.
✅ Reduces Sticker Shock – Spreading payments over time makes big purchases feel more affordable.

Now, let’s dive into how Inspire, Hearth, and Synchrony Financial stack up against each other.

💳 Inspire vs. Hearth vs. Synchrony: Key Differences

Why Inspire is the Best Choice for Businesses

After analyzing cost, flexibility, approval rates, and loan options, Inspire stands out as the most affordable and business-friendly financing solution. Here’s why:

1️⃣ Inspire is More Affordable

• Only $45 per month (compared to Hearth’s $199+ and Synchrony’s high merchant fees).

• Only 3.5% discount fee (compared to 6-15% with competitors).

💰 More money stays in your pocket!

2️⃣ Higher Approval Rates = More Sales

• Inspire works with a large network of lenders, increasing approval rates for your customers.

• Synchrony only works with one lender, leading to many declined applications.

• Hearth’s lender network is limited, which can result in fewer approvals.

🚀 Higher approval rates = more customers saying YES to your offers!

3️⃣ No Hard Credit Pulls = More Comfortable for Customers

• Inspire and Hearth use soft credit pulls, meaning customers can check financing options without hurting their credit.

• Synchrony uses hard pulls, which can deter potential buyers.

✅ Customers are more likely to apply when they know their credit won’t take a hit.

4️⃣ Inspire Offers Multiple Financing Options

• Buy Now Pay Later (BNPL)

• Personal Loans

• 0% APR Promotional Financing

• Lines of Credit

Hearth only offers personal loans, while Synchrony only offers revolving credit lines that may not be ideal for all customers.

📌 More loan options mean Inspire can meet the needs of more customers.

5️⃣ Inspire Pays You Upfront

• When a customer is approved, you get paid immediately—no waiting around!

• Hearth and Synchrony can have delays in payouts, which can impact your cash flow.

💵 Immediate payouts = better cash flow for your business!

🔥 Final Verdict: Inspire is the Best Choice for Business Owners

If you’re looking for a simple, affordable, and highly effective customer financing solution, Inspire is the clear winner.

• More approvals = More closed deals

• Lower fees = More profits

• More loan options = More flexibility for your customers

• Faster payouts = Stronger cash flow

💡 Want to see how Inspire can help grow your business?

📅 Schedule a Free Demo Today! 👉 Click Here to Book a DEMO!

🚀 Start closing more sales with Inspire Financing!