Foundation Finance - Home Improvement Financing

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Financing to the Rescue!

Even though home improvement sales are up and expected to stay up, it’s not all sunshine and rainbows for home improvement businesses. Labor shortages, material price increases and supply delays are creating continued pressures affecting profit margins and customer pricing. According to a June 2021 report from Associated Builders and Contractors, a “shortage of skilled workers …

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Got a Financing Partner? Collaborate With Them!

If you want to make more sales for your home improvement business, an inhouse financing program is a valuable asset. But even more valuable is continued interaction with your financing partner. Technically it’s called “collaboration”.  Both you and your financing partner are working toward the same goal: more sales. Approach the partnership as if you’re …

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Customer Financing Can Soothe Unexpected Market Spikes

What’s worse than a sudden price hike in supplies? Watching your customer take a hike after seeing an unexpected project cost increase. Home improvement contractors can’t control the market, but there is a way they can control their customers’ reactions to environmentally influenced pricing. Financing. Providing financing for your customers makes dreams come true. The …

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