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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It’s fair to say there have been a few bumps (and bruises) throughout 2020, but don’t give up on the hope of increasing your bottom line just yet! Now, more than ever, customers need—and want–your financing options. Deferred payments, same-as-cash, long terms with low payments—those are the benefits that are closing more sales in today’s […]
Home improvements typically come with a larger-than-pocket-change price tag and homeowners typically underestimate the overall price of their dream upgrades. And who really budgets for those unexpected emergency home repairs? Contractors face the challenge of sticker shock nearly every day. How do they successfully bridge the gap between price and affordability? The tried-and-true solution is […]
HVAC dealers: this is your moment! You’re in an industry driven by the basic human need to stay warm. As winter approaches, it’s your time to shine. Are you ready? Everyone’s comfort level is different, but external temps inevitably drop and homeowners’ heaters inevitably power on. When they don’t power on or suddenly stop working, […]
Not offering financing because you’re avoiding the credit app submission process is losing your business precious sales! For home improvement dealers who dread the process, fear no more! Submitting a credit app is simple—and nearly effortless—when you complete and submit the app electronically. It’s so easy, in fact, the entire (paperless) process could be completed […]
Fall signals the end of summer, the transition to winter, and the onset of your business’ 4th quarter. The pandemic has affected quarterly and year-end goals since the 1st quarter of 2020. What’s your plan for ending the year strong? If you’re scratching your head wondering what exactly to do, don’t worry! We’ve got the […]
Financing isn’t just a fancy word for customers to borrow money, it’s a program that gives customers hope, businesses strength and P&L statements a positive boost. When you’re in an industry that provides high ticket products, services and an abundance of options, you know that the customer’s pockets have to be lined with an abundance […]
Zoom meetings, social distancing, working from home and online shopping have become mainstream as the pandemic continues. Consumers are embracing new ways to do business. And businesses shouldn’t be afraid to embrace the online tools that help their buyers do business with them. The pandemic has fast-tracked the popularity of using eSignatures, like DocuSign, especially […]
Having an inhouse financing program as part of your sales toolbox is a tried and true method for many retail industries. Consumer financing programs like same-as-cash and low monthly payments are commonplace in furniture and jewelry stores and widely popular in vehicle dealerships. So why are some home improvement contractors reluctant to offer financing? Let’s […]
In a home improvement industry packed to the brim with competition, how do you set yourself apart and get noticed by future customers? The answer is simple: showcase your work. Take pictures, share videos, let the wow factor of your talents and expertise raise your business above the competition. Let’s be clear here…we’re talking about […]
As we approach the fall season and inch closer to the end of the year, capturing every sale is vital—especially when facing year-end goals. It’s been a challenging spring and summer as the pandemic threw great caution into the marketplace. However, with homeowners experiencing more time in their homes, attempting remodeling projects too large to […]
