Foundation Finance Blog
Looking for ways to grow your business? We’re here to help! Find business tips, home improvement updates, industry news and everything you need to know about home improvement financing.
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Identify Leads That Need Nurturing to Start Closing More Sales! The average home improvement lead costs between $45 and $228.1 Once you get a lead, you have to reach out, follow up (possibly multiple times), answer questions and make project estimates. That’s a lot of time, energy and money spent chasing homeowners who may not […]
Customers and contractors don’t always see eye to eye on what matters most. For you, a job well done might be the ultimate goal, but your customer could be looking for something more. Pay attention to the questions they ask and the requests they make; these are clues to what’s really important to them. And […]
You’ve nailed your pitch. The homeowner is nodding along and then comes the dreaded “I need to think about it.” Sound familiar? You’re not alone. This is the #1 response that stalls a deal for many contractors. However, when a customer says they need to think about it, they might not be saying “no.” They’re […]
36% of Contractors Absorb the Cost of Rising Material Costs* How much thought do you put into your project estimates? Knowing how many hours, how much manpower and what materials you will need to complete a specific job isn’t enough to ensure the price you quote will create profit. Stop absorbing costs that should be […]
Preparing for Today’s Customers Credit scores are used by service providers ranging from landlords to financial institutions. Each of these companies is looking for some measure of a person’s financial reliability. However, today, credit scores in the United States are becoming more polarized. The average credit score is falling while the percentage of people with […]
What Does that Mean for You? Only 2.8% of homes in the U.S. changed hands before the final quarter of 2025 – the lowest turnover rate since the 1990s.1 High mortgage rates, reduced buyer affordability and high home prices are each playing a part to ensure current homeowners aren’t upgrading to a new home and […]
It takes years of hard work to build a strong credit score and unfortunately, it doesn’t take much to knock the score down. Learn how our customer prequalification process can help.
What You Need to Know to Get Started People don’t stop wanting to upgrade their home or needing to make repairs when the economy becomes unstable. They simply look for new ways to cover their expenses that don’t drain large chunks of their savings at a time. Financing options can help budget-conscious customers say “yes” […]
You close more sales when you offer financing, but many of those sales rely on your customer being approved. There are several ways you can ensure your customer has their best chance to qualify with their first application. Learn how! Joint Application Joint applications can increase approval chances, even if one applicant’s credit score or […]
How to Grow without Lowering Prices Do your customers already have a budget in mind or are they shopping around to learn how much their home improvement project might cost? Either way, contractors often fall into the trap of lowering their project estimate to win the sale. While offering a discount now and then won’t […]
