Retail financing refers to the various financial options available to consumers when purchasing goods or services from a retailer. This can include credit cards, installment loans, and buy-now-pay-later plans, allowing customers to spread the cost of their purchases over time. Retail financing helps make larger purchases more manageable for consumers. Retailers often partner with financial institutions to offer these financing options, making it easier for customers to access credit at the point of sale. This can enhance customer satisfaction and increase sales for retailers, as consumers may be more likely to buy when they have flexible payment options available.