Home Improvement Blog- Foundation Finance Company

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 here.

Business Tips

Grow your business with confidence with the tools, tips, and strategies catalogued here.

Financing

Everything you need to know to offer home improvement financing.

Home Improvement

Looking for customer-friendly ways to complete your next project? Look no further!

Industry News

Keep up with the latest industry news and technology.

Is ‘Customized Service’ the New Normal?

February 25, 2021
Business women with headset talking on the phone smiling

When you think about it, what business isn’t providing customized service every day? Your support staff can’t guarantee exactly what question will be coming from the other end of the phone, or, what a customer really wants when they walk in your front door. Any service provided is a direct result of what the customer […]

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The Power of a Financing Partner

February 19, 2021
Man and women shaking hands with notepads in hand

When you own a business—whether you’re a sole owner, it’s family owned, or you’re a franchisee—staying competitive in an evolving marketplace is a constant challenge. Closing sales is an even bigger battle when customers eventually realize they may not have enough savings or strong enough credit to afford what they came to you for. What […]

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We Gave our Website a Fresh Coat of Paint!

February 15, 2021
Man sitting on couch looking at his computer with Foundation Finance Company's logo

Foundation Finance is excited to unveil a design refresh of its website. Strategically recreated with home improvement dealer satisfaction as the focus, we’ve kept the same page links and information you regularly use, but gave them a fresh coat of paint, so to speak! The nuts and bolts remain the same, such as Dealer Login, […]

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If Financing Closes Sales, Why Aren’t You Using It?

February 8, 2021
Paint brushes placed on top of can filled with blue paint

If you knew that using blue paint in your remodeling projects turned your prospects into sales, you’d obviously use more blue paint, right? So, if you know that offering financing closes more sales, you’d be talking about it in every sales conversation, right? Well…that’s where the head-scratcher comes in. Even though offering financing increases your […]

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Promote Financing for Increased Sales

January 29, 2021
Financing available words on wooden blocks

One positive thing the pandemic did for home improvement contractors was increase the demand for home renovations! Typically, increased demand denotes increased sales. Not so in the home improvement marketplace. The increased demand for home improvements increased the opening of new home improvement businesses. What did that do? Create more competition. How do you differentiate […]

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Give Your Customers A Second Chance

January 25, 2021
Second chance written on blackboard with heart symbol instead of O

Budgets, bills, depleted nest eggs, roller coaster credit scores…homeowners have a lot to contend with lately. But their home improvement dreams are just as strong as ever. Many homeowners have found themselves in different financial situations since the pandemic began. Some don’t even realize their credit scores, or FICOs, have dropped until they try to […]

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Finance Your Customers’ Staycations

January 15, 2021
Couple toasting glasses while relaxing on a sun lounger near swimming pool

Staying home means something different than it did less than a year ago, prior to the onset of the global pandemic. Canceled travel plans and time on the couch sparked innovations for home atmosphere re-creations. Vacations changed to staycations and staycations transitioned to home renovations. For home improvement contractors, this is a golden opportunity to […]

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New Remodeling Business? Add Financing!

January 11, 2021
Open sign at the front of a business window

Amidst business closings and shutdowns, the current pandemic also opened the door to new or expanded opportunities arising from an unexpected side effect—home improvement. When stay-at-home orders were enacted across the country, homeowners were taking inventory of their home environments. They needed office space, better kitchens and expanded outdoor living spaces. Remodeling contractors were in […]

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Your One Word for 2021: Financing

January 4, 2021
The word financing laying on top of a pool of dollar signs

Welcome to the new year! Are you ready to start strong? Toss those resolutions aside and focus instead on one goal, one word, that can build your business with a simple yet effective strategy: financing. The 2020 pandemic forced many to stay at home, bringing to light their drab interiors and small outdoor spaces. More […]

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2020 “Best Of” Blog Review

December 27, 2020
Year End Review written on sticky notes with a road in the background

There’s a story that plays out in the year review of our 2020 weekly blog series, not only in our topics but in your reaction to them. As the prevalent phrase-of-the-year states, “We’re in this together,” and our efforts to provide tools, tips and inspiration for your business have been evident in the 52 articles […]

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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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