Thursday, December 5, 2024

GunBroker.com Partners with Credova to Offer Enhanced Financing Options for Buyers, Sellers

GunBroker.com, the world’s largest online marketplace for firearms and accessories, is thrilled to announce a new partnership with Credova, a leader in Buy Now, Pay Later (BNPL) financing solutions. This collaboration introduces a transformative approach to purchasing firearms and accessories, making it easier and more accessible for both buyers and sellers.

Empowering Sellers with Simplified Transactions With the integration of Credova's solutions, GunBroker.com FFL sellers can now offer financing for their listings directly on the site as part of the checkout process. This opens the door for buyers who may want a higher cost product, but require financing support to complete the transaction. By reducing the overhead and complexity associated with financial transactions, GunBroker.com and Credova empower sellers to focus more on their business and less on logistics.

Enhancing Buyer Experience with Flexible Payment Plans For buyers, the partnership with Credova revolutionizes how they shop for firearms. Unlike traditional layaway plans that require full payment before receiving the product, Credova’s BNPL option allows buyers to receive their items immediately while spreading their payments over time. This not only enhances the buying experience but also makes larger or more strategic purchases feasible without immediate financial strain.

A Commitment to Safe and Responsible Transactions Both GunBroker.com and Credova are committed to ensuring that all transactions not only comply with federal and state laws but also promote responsible spending. Credova's application process includes comprehensive affordability checks to ensure that financing is appropriate for the buyer’s financial situation, thus fostering responsible purchasing.

“The addition of Credova as a financing partner is a great benefit for GunBroker to bring to its buyers and sellers,” said Jared Smith, Chief Executive Officer of AMMO, Inc. “It fits perfectly with our mission of helping connect firearms enthusiasts with the products they want to help them enjoy their passion and obtain those aspirational items with fewer hurdles.”

Credova President Brian Billingsley shared: “GunBroker.com has long been a cornerstone of the firearms industry, providing an essential platform for FFLs of all sizes to thrive. At Credova, we’re proud to partner with such an iconic marketplace to expand access to Second Amendment rights for consumers while empowering firearm sellers to grow their businesses. Offering financing solutions to these businesses is not only vital to the shooting sports industry but also to the individual communities they serve across the U.S. economy. We look forward to working with GunBroker.com to strengthen the foundation of an industry that champions freedom and opportunity for millions of Americans.”

For more information on how GunBroker.com and Credova are transforming the firearm purchasing experience, please visit GunBroker.com or Credova's FAQ on Financing Listed Items and Using Financing in Cart Checkout.

About GunBroker

GunBroker is the largest online marketplace dedicated to firearms, hunting, shooting and related products. Aside from merchandise bearing its logo, GunBroker currently sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents. Launched in 1999, GunBroker is an informative, secure and safe way to buy and sell firearms, ammunition, air guns, archery equipment, knives and swords, firearms accessories and hunting/shooting gear online. GunBroker promotes responsible ownership of guns and firearms. For more information, please visit: www.gunbroker.com.

About Credova

Credova is a leading BNPL provider specializing in flexible payment solutions for the firearms industry and other markets. Their technology enables seamless, secure, and compliant financing options that connect consumers with the products they need while respecting their financial health.

GunBroker.com Contact:

Allen Forkner

allen.Forkner@GunBroker.com

Phone: (402) 672-7615