Close more annual SaaS renewals with smart financing
Lemon is the financing platform that helps your SaaS accounts team to renew even the most price-sensitive customers by offering the flexibility of monthly payments for annual or multi-year deals.
Are these SaaS renewal challenges holding you back?
- Struggling with low SaaS renewal rates and customer churn
- Renewal negotiations dragging out and difficult to close
- Customers hesitant about recommiting to another annual commitment
Smart financing for SaaS renewals
Meet the SaaS payments solution that turns renewal hesitation into signed contracts
Offer customers your discounted annual rates with the added incentive of easier monthly payments. You get the full yearly value upfront. They get savings and flexibility. Everyone wins.
How Lemon works
Create an offer
Sign into your Lemon dashboard and create a new Offer for your renewing customer, entering the company’s details and offer details.
Generate a payment link
Lemon verifies the customer's eligibility without credit checks and generates an application link that you send to the customer, as an incentive to sweeten the deal.
You get paid
They complete a quick and simple online application and on approval (typically within 24 hours), we pay you the annual contract amount upfront and they get access to your software.
With Lemon, everyone's a winner
- Increase renewal rates.
- Boost your annual contract renewal rates with an offer that's hard to resist.
- Overcome hesitantcy.
- Eliminate the "annual payment" objection
- Sell more annual plans.
- Make it easier for yous customers to make the jump to annual plans.
- Your CFO will love you.
- Receive the full annual contract value upfront, enhancing your financial stability.
- Shorter negotion cycles.
- Spend less time negotiating, more time celebrating renewals.
- Say goodbye to chasing invoices.
- Let Lemon handle the invoice-chasing while you focus on your customers.
Don't just take our word for it, see what these publications had to say
Lemon in action
Explore how Lemon transforms common challenges into opportunities for your business:
Scenario 1
The monthly-to-annual upgrade
Challenge: A customer loves your product but is hesitating to switch to an annual plan.
Lemon solution: Offer your discounted annual plan but with with monthly payments. The customer saves on their subscription without having to find the upfront payment, and you secure a year-long commitment.
Scenario 2
The renewal hesitation
Challenge: A valuable customer balks at renewing their annual contract due to budget constraints.
Lemon solution: Propose a renewal with monthly payments. The customer stays, maintaining your annual contract base and reducing churn.
Scenario 3
The upsell opportunity
Challenge: You want to upsell a customer to a higher tier during renewal, but they're concerned about the increased annual cost.
Lemon solution: Offer the upgraded package with Lemon financing. The customer accesses more features immediately, while spreading the cost over 12 months.