4 Financing Tips to Increase Your Project Size - FFC

4 Financing Tips to Increase Your Project Size

Financing tips to increase project size

Finding the right balance between affordability and quality is a challenge you and your customers must overcome when laying out a job’s parameters. Luckily, many of your customers can qualify for home improvement financing. This makes it easy to increase project size or upgrade your customers to higher-end options without overtaxing their budget.

If you are new to home improvement financing or having some trouble explaining the value, these tips should help.

Focus on “Low Monthly Payments.”

Financing approvals are valid for up to 180 days, so your customers can apply for financing before you finalize your project’s plan.

Prequalify the homeowner for ‘low monthly payments’ before discussing scope of work and price.”

– Michelle Meier, Foundation Finance Business Development Manager

 Use Digital Financing Applications.

Applying for financing is easy – just scan your customer’s Driver’s License to get started or send your customer your personal Credit App Link via text or email. You can also add it to your website for easy access.

“You can text your customers an application and get them approved for financing before your next appointment!”

– Jennifer Engelmann, Foundation Finance Business Development Manager

Keep Your Options Open.

Every customer’s financial situation is different. Working with multiple finance companies allows you to find the best deal for each situation. Foundation Finance works with a wide range of customer credit profiles and sectors in the home improvement industry.

“You can work with multiple finance companies to meet all your customers’ needs!”

– Jennifer Engelmann, Foundation Finance Business Development Manager

 Ask For Help.

Whether you have questions about app submission, special promotions or using your tools, we’re here to help. Contact us at 855-241-0024 ext. 5012 or [email protected].

“If you’re confused about any part of the financing process, ask for help!”

– Jennifer Engelmann, Foundation Finance Business Development Manager

Offering financing is a great way to add to your customer benefits and increase your average sale size. Our user-friendly tools make financing easy and are designed to help you close sales. Not a dealer? Joining is free and easy! Contact us for more info: 1-855-241-0024, [email protected].

Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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