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.

COVID-19 Resources for the Home Improvement Industry

March 18, 2020
3D illustration of virus

We’ve pulled together a resource of industry-related articles that may help guide business owners working within the home improvement sector. How one remodeler is responding to the Coronavirus: https://www.remodeling.hw.net/business/how-one-remodeler-is-responding-to-the-coronavirus-pandemic_o *Source: Remodeling A valuable Coronavirus planning guide for your business: https://www.remodelersadvantage.com/coronavirus-planning-and-your-remodeling-business *Source: Remodelers Advantage The impact of COVID-19 on the construction industry: https://www.constructiondive.com/news/6-ways-the-coronavirus-outbreak-will-affect-construction/574042 *Source: ConstructionDive Construction […]

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Increase Spring Sales With 3 Simple Steps

March 16, 2020
Deck construction work in garden

We’re embarking on the spring season with many homeowners energized for growth and newness. It’s prime time to capitalize on those aspirations! Dealers who are proactive in their sales approach during the high seasons are also likely the ones that survive best in the low seasons. So, brush the winter dust off your pipelines and […]

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Customers Will Love Your Financing Pitch

March 9, 2020
Young couple counseling with business man

Let’s be real. Home Improvement dealers bank on the dreams and ambitions of homeowners who want to upgrade their abodes. And God bless HGTV and all the home improvement shows that continually fuel the dreams of new and established homeowners. Whether it’s upgrading a kitchen, remodeling a bathroom, or purchasing energy-efficient windows, the project upsell […]

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A Foundation Finance Dealer Success Story – Shining the spotlight on Payless Kitchen Cabinets

March 2, 2020
Side view of updated farmhouse kitchen to a more modern look.

Avo Barsoumian is a zealous business owner who never stops learning, growing and expanding his scope. He’s been in the home improvement business for 35 years, beginning his entrepreneurial adventure in 1985 as founder of Carpet Wagon, and simultaneously expanding into the kitchen and bathroom remodeling industry with Payless Kitchen Cabinets. Known for its convenient […]

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The Zen of Home Improvement Funding

February 24, 2020
Happy construction worker standing with a handful of money

Most home improvement dealers will agree that stress isn’t a welcome addition to their workday. Yet it seems inevitable. Case in point: sending invoices and waiting to get paid for a project is a typical stressor. Especially when listening to reasons why the customer is delinquent on payments, can’t pay the remainder of the loan […]

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Amplify Your Home Improvement Brand with These 3 Tools

February 17, 2020
A side view of a businessman holding a large loudspeaker with dollar bills flying out of it

In the past three years, home improvement spending nationwide has increased—nearly six percent annually, according to the Leading Index for Remodeling Activity. The question to home improvement dealers is…has your business growth increased along with that trend? If you’re not seeing a boom in your bottom line, it could be because you’re not being seen. Your consumer base needs […]

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Four Fundamental Advantages of Dealer Financing

February 10, 2020
Hands holding piggy bank over architecture drawing with tools surrounding

Here’s why it matters so much to the home improvement industry… The home improvement industry is comprised of a hierarchy of business sizes from mom and pop to big box. Some have sales teams, some don’t. But all sizes of businesses face the same challenge from their prospective customers: how am I going to pay […]

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Fuel Your Upsells with In-House Financing

February 3, 2020
Four construction architects review plan with thumbs up

As a home improvement dealer with or without a sales team, you know that sales savviness, sales strategy and closing a sale are crucial characteristics of growing your business. But not every contractor out in the field considers himself a ‘salesperson’ or is comfortable with upselling a project. The right tools make all the difference. […]

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A Foundation Finance Dealer Success Story – Shining the spotlight on Maverick Windows

January 27, 2020
Smiling businessmen standing outside of a home

Chad Connoy (photo, right) founded Maverick Windows in November 2018 with longtime friend, Dan Michael (photo left). Both were soaring in their separate careers, but, with a vision in mind and a “rapid fire shoot-from-the-hip mentality” as inspiration, they leaped into the unknown terrain of business ownership. Their company name, “Maverick”, exemplifies the unorthodox chance […]

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Your Website Is Your Best Sales Person

January 15, 2020
Laptop on desk with statistics information on the screen

Good or bad, novice or veteran, long or short term, salespeople come and go. But your website, well, it never leaves your side. In the home improvement industry, the competition among large and small businesses is fierce. And the deciding factor of who gets the sale lies in the subjective hands of the consumer. If […]

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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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