Kitchen Bathroom Buying Group (KBBG), part of European kitchen and bathroom buying group Der Kries, has launched a consumer finance package for its members from October 1.

It means KBBG members will now be able to offer their customers a variety of finance packages to support their sales.

The packages available include “buy now and pay later”, “interest free” from three to five years, and “interest bearing” from five to ten years.

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The finance is  offered in association with retracare and backed by consumer finance provider Hitachi.

Managing Director of KBBG Bill Miller explained: “We have introduced this to help our members generate more kitchen and bathroom sales and better compete with the national retail chains who offer consumer finance.

“There is a gap in the market as most finance companies are reluctant to work with smaller independent businesses, such as kitchen studios.

“However by utilising the strength of the KBBG we have been able to put together a really good scheme backed by Hitachi ideally suited to the KBB industry.”

He continued: “We have sought the support of the expert in the industry, retracare, which has over 25 years’ experience in providing consumer protection.

“We can now offer our members a variety of finance options for their customers who wish to trade-up and to consider options that might have been previously out of reach.

“For the independent kitchen and bathroom specialist this exclusive package not only includes kitchen furniture, appliances, worktops and bathrooms, the scheme also includes installation.”

The KBBG has also recently joined forces with the British Institute of Kitchen Bedroom and Bathroom Installation (BiKBBI).