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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Todd Kirkland, Finance Manager, Woodbridge Home Exteriors

May 23, 2017

Working with Foundation Finance has been great! When we submit applications, we always get a quick response for an approval. If we need to make changes to submitted applications, the customer service team is always easy to work with – providing quick responses. I like that if a customer calls and wants to add to […]

Family-Friendly Home Remodeling Projects

May 22, 2017

Summer is right around the corner and many families decide this is the time their home needs an upgrade.   When working on projects for customers with children, safety and functionality need to be top of mind. Many families want their home to grow with their family.  Keeping the interior of the home safe and […]

National Home Improvement Month

May 15, 2017

May is officially National Home Improvement Month. The National Association of the Remodeling Industry (NARI) has prepared a number of items for your business to promote this time of year. The list includes press releases, tips, and social media posts. One of the most valuable pieces in the collection of NARI resources is a press […]

Foundation Finance Company LLC Secures $200 Million Credit Facility from Goldman Sachs

May 1, 2017

Foundation Finance Company LLC, a leading provider of home improvement financing to contractors nationwide, today announced that it has obtained a $200 million asset-backed credit facility from Goldman Sachs Group Inc. Foundation Finance will use this credit facility to grow its capacity to provide financing through various strategic partnerships across the United States. Chief Financial […]

Do politics affect home improvement spending?

May 1, 2017

According to a HomeAdvisor report, despite the current political anxiety with the presidential administration, homeowners state that it does not affect their willingness to spend on home improvement projects.  Home Advisor’s Chief Economist said, “Home improvement activity is showing resilience in the face of political shifts. While there is a sharp divide in how homeowners […]

Looking for a way to stand out? Get NARI Accredited.

April 24, 2017

If you’re looking for a way to stand out from the crowd of competitors, becoming an accredited home improvement business might be a worthwhile investment. The National Association of the Remodeling Industry (NARI) has opened a new accreditation program for businesses. Previously, their accreditation protocol only applied to individual remodelers. This program will recognize businesses […]

New Techniques to Close the Deal

April 17, 2017

There are typically a lot of emotions for homeowners during a remodeling project – fear, commitment, excitement, disappointment…just to name a few. According to Remodeling magazine, “Americans are less trusting than they were decades ago, more likely to be skeptical at first, and more able and likely to broadcast their opinion.” Here are some great […]

How to Assess Your Business for the Next Quarter

April 10, 2017

We’ve sprinted past the first quarter of 2017 and to make sure you’re prepared for the next three months, the best thing you can do is evaluate the last three. Take a look at these tips and apply them to your business to determine if a second quarter adjustment is needed. Vision: Are you staying […]

Ease Your Customers’ Concerns with This Etiquette Guide

April 3, 2017

Homeowner etiquette can be a touchy subject to approach with a new client. A survey initiated by an online home improvement retailer polled consumers on basic etiquette questions that you may have. Below is a summary of the responses. Tipping: Most customers said they would not tip their home improvement contractors. Some said they would […]

Create and Exceed Your Customers’ Expectations

March 27, 2017

When clients are upset it’s often because clear expectations were not set at the beginning of the project.  Mark Richardson, contributing author for Professional Remodeler has a couple easy guidelines to help you set and exceed customer expectations: Arrive early Arriving for an appointment a few minutes early is acceptable and respectful; arriving too early […]

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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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