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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Keep Your Crew Busy and the Phones Ringing in January and February

December 27, 2016
Technician installing insulation in a home

Don’t let the winter months slow down your business. Particularly, attic insulation projects are a big win for you and your customers. These two facts together can help keep your crew busy and the phones ringing in the next few months: About 90% of U.S. homes are under-insulated. The return on investment for the homeowner […]

Technology Innovations Driving Advancement in HVAC

December 19, 2016
Person controlling their smart home from phone

The new generation of home buyers is requiring healthier, more sustainable homes.  HVAC technology is advancing very quickly and focuses on convenience as well as user experience and quality.  More users want to be able to connect to their homes remotely as well as have their systems be smart enough to learn their living habits […]

The Kitchen is Real Estate’s Most Valuable Room

December 12, 2016
Tablet showing the completion of a kitchen remodel

Americans are spending more time in the kitchen – cooking, eating and socializing – than ever before. According to realtor.com, “the kitchen has become the most valuable room in real estate.” Below is some interesting information realtor.com put together based on their data: A trophy kitchen sells your home better than anything else. The kitchen […]

Overcoming Winter Remodeling Challenges

December 5, 2016
Home wrapped in a red scarf

If you work in a part of the country where there’s snow, you definitely understand the difficulties that come with running your business in these months.  Spring and summer are the busiest times of the year for remodelers. However, to balance work load and even out cash flow, many contractors complete jobs in the winter.  […]

Offer Less, Sell More

November 28, 2016
Top view of contractor drawing their plans and going through material samples

Clients are inundated with options when it comes to remodeling their home – paint colors, window options, door frames, countertop styles and colors, flooring, finishes, etc. Research shows that the more options the client has, the more frustrated they become during the decision-making process leaving them dissatisfied and unable to make a decision; and when […]

Are You Turning Away a Third of Your Potential Customers?

November 14, 2016
Hand drawing Sales Growth Graph with marker on transparent wipe board.

You already know that offering financing to your customers as a payment option for their home improvement project is critical.  Many contractors already offer in-house financing or go through a big bank to offer financing for their good credit customers.  But what about the approximately 50% of people in the United States who are “credit […]

Where is the Remodeling Industry Headed in 2017?

November 7, 2016

According to a study done by the Joint Center for Housing Studies of Harvard University, the remodeling market for 2017 looks solid and there are a few key areas to focus on.  Based on the survey, here are the top four new revenue sources for remodelers: Aging in place Energy efficieny Home automation Outdoor living […]

Sales Tricks & Treats – How to Save the Sale

October 31, 2016

It can be very disheartening when a prospect starts to suddenly voice doubts. This is especially after you’ve spent the time putting together the plans and you’ve met with the homeowners several times. Most remodeling projects are a big decision for homeowners and remodelers need to respect why their customers might be nervous or hesitant.  […]

Help Give Homeowners What They Need to Increase Curb Appeal

October 24, 2016
Exterior of a modern home

The design opportunities for a home’s exterior are limitless and can benefit your customer’s home equity in the long run.   Most people would rather remodel the interior or open up the space inside their house but the curb appeal of a home can go a long way – whether they’re trying to sell their home […]

Build Better Relationships with Your Customers

October 17, 2016
Couple coming to an agreement with businessman

Most business owners and managers know that building and maintaining strong customer relationships are equally important to their company’s success. Going above and beyond with the project can still be a top priority, but customer relationship management is critical. Here are a few tips on how to develop and foster positive relationships with customers and […]

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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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