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Meridian Furniture Partners with Credit Key to Offer Finance Options for Designers & Independent Retailers

Furniture World News Desk on 5/22/2024


Meridian Furniture has partnered with Credit Key, a B2B payment solutions company, for a flexible financing program that will solve a challenge many designers and independent retailers face that inhibit the placement of orders quickly and efficiently.

Under the new program, Meridian customers will have access to up to $50,000 in financing with a streamlined digital application that is reviewed, and a decision granted virtually in real-time. If approved, the designer or retailers can use their line of credit on the spot.

If the customer pays within the first 30 days, there is no interest and if they want to extend their terms, they can up to 12 months, starting at 1-percent interest per month.

 “Our goal in offering the program is to help our customers keep their floors fresh and exciting during challenging times,” said Michael Rosilio, president of Meridian Furniture. “Credit Key offers a unique approach to pay-over-time solutions with flexibility in terms and no hard credit pull.”

Meridian Furniture’s 24-hour quick ship program combined with Credit Key’s instant access to business credit is an ideal solution for customers who want to keep their showrooms stocked with the latest collections. Staying up to date with consumer trends is vital for successful B2B customers, who can apply for financing and instantly place online orders via the Meridian Furniture website.

“Smaller independent retailers often see a ton of value in our solution,” said Sarah Senne, Credit Key’s director of marketing.

“The key is that we handle everything, so our partners don’t have to deal with risk or collections, and the customers get to choose their terms. This enables small businesses to better manage their cash flow, place larger order sizes, and increase their order frequency, all of which can lead to business growth for retailers and designers,” Senne said.

Emphasizing quality, style, design, and speed, Meridian has been on the vanguard of e-commerce from the start, building the brand over the years on all the major marketplaces, in addition to their own website. With more than 9,500 SKUs and 90% in stock at any given time, its inventory-rich model and modern contemporary aesthetic quickly caught the attention of the design community and design-focused retailers, who look to the company for a youthful, trend-right vibe, and its ability to ship goods 24 hours after an order is placed from its 400,000-square-foot warehouse in New Jersey. Multi-store chains, meanwhile, appreciate Meridian’s thriving container program, as well as an array of smart and efficient drop-shipping options, including curbside and white glove services.

 


 

About Meridian Furniture
Meridian Furniture supplies a growing roster of leading retailers and designers with upholstered furniture designs and case goods for nearly every room in the home. With a constant flow of new product in multiple categories, in stock and ready for delivery, the company is leading the way in trend-right goods that appeal to how consumers want to live and shop today. For more information, visit www.meridianfurniture.com.