Offering financing can help you close more sales and makes home improvement projects more affordable for your customers. Foundation Finance offers a variety of tools and promotions that make offering financing easy. Our approval guidelines allow us to extend financing options for customers with a wide range of credit histories and FICOs as low as 550. Learn how easy it is to finance a customer’s project below.
Step 1: Submit a Credit Application.
Creating and submitting credit applications is easy. Select the prequalification or submit an app button in LaunchPAD to get started or send your customer your custom app link. This allows them an easy and secure way to fill out the prequalification application on their own time.
Step 2: Complete Contract Documents.
Once you receive a financing approval for your customer, finalize the details based on the interest rate, term length and any special promotions you are offering. Our system will then generate the contract documents, laying out the financing terms for your customer to digitally sign.
Step 3: Customer Verification Call.
We will reach out to your customer to confirm and review the terms of their financing offer with them.
Step 4: Complete the Job.
Now that the funds are lined up, it’s time to complete your customer’s project! If the scope of the project changes at this stage, don’t worry. Qualifying customers are automatically approved for a higher available credit amount.* If your customer didn’t qualify for automatic approval, we may still be able to help. Just give our dealer services team a call.
Step 5: Get Paid via ACH.
After the job is complete, we will send the funds directly to you via ACH deposit. This secure payment method ensures timely payment for any projects you have financed through Foundation Finance Company.
Do you have questions about our financing process? Contact us for more info: 1-855-241-0024, [email protected].
You can build on us. Enroll in the Foundation Finance dealer network today.
*Available credit amount refers to the total available amount of credit for which the applicant has been approved. This amount is only available through the earlier of the approval expiration date or the date of project completion. Not all customers will qualify. Terms and conditions apply.
