The furniture store offers in-house financing because it wants to make more sales revenue and profit.
In-house financing can be defined as a type of seller financing through which a business firm (seller) gives its customers a loan, so as to allow them make purchase of its goods or services.
This ultimately implies that, in-house financing refers to a type of loan that is offered by a business firm to its customers, in order to enable them buy its goods or services. Also, an in-house finance help customers to make purchase of a business's goods or services without having to wait for a loan from other financial institutions.
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