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.

 

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Home show season – offer financing to attract buyers

April 28, 2015

Home show season is here! It’s that time of year when home improvement projects are on the minds of consumers. So why not take advantage of that excitement and entice buyers to your booth with some special home improvement financing offers from Foundation Finance Company? For approvals from May 1 – July 31, 2015, Foundation […]

Home Improvement Contractors – Make it Easy for Buyers to Say YES!

October 27, 2014

Consumer financing programs like same-as-cash financing or low monthly payment financing are commonplace in the retail world. You see them advertised at furniture stores, jewelry stores … even doctor’s offices. Why? Because they help those businesses attract new customers and close sales. So why are some home improvement contractors reluctant to offer financing? Home improvement […]

Foundation Fiesta 2 – Virgin Islands

June 24, 2014

It’s back to the real world after a few days of fun, sun and great times in St. Thomas, U.S. Virgin Islands, for the 12 winning dealerships in the Foundation Fiesta 2 contest that ran February 1st through April 30th. The trip, which ran from June 18-June 21, treated dealers to an amazing time as […]

Lower pricing to help you close sales!

May 2, 2014

We’ve done it again! Effective May 1, 2014, we’ve got great new options for our dealers to help you close more sales. Same-as-cash pricing has been lowered Give your customers the benefit of a same-as-cash program and keep more money in your pockets. Dealer fees have been lowered for all same-as-cash with payments and same-as-cash […]

Electronic Signing – Save Time and Money

February 21, 2014

What if you could virtually eliminate paperwork errors, save time handwriting loan documents, and make the signing process for your customers as simple as a few clicks of a mouse or swipes of a finger? Foundation Finance Company’s Kwik-Sign electronic loan document signing process does just that! Electronic Document Signing The process is simple: 1) […]

Foundation Fiesta 2 Winners Have Been Chosen!

January 15, 2014

The winners have been chosen! 12 dealerships will be joining us in St. Thomas in June for a few days of fun and sun as a reward for their business and loyalty during the Foundation Fiesta 2 contest. We appreciate everyone who participated! IT COULD BE YOU NEXT YEAR! Check out pictures of last year’s […]

Don’t be afraid of change …

November 6, 2013

Many dealers are hesitant to make changes in their financing programs – even when those programs are no longer working or are costing them money they shouldn’t need to spend. In any other aspect of their business, a dealer would likely make a change to save money or to get better features, so why is […]

Take time to make time – the importance of financing training

October 9, 2013

As the Little River Band says, sometimes you have to “take time to make time.” Great song lyrics, sure … but it works even better as a financing philosophy. Spending a little time learning your finance company’s policies, process and programs up-front can save you tons of time later by avoiding costly mistakes and paperwork […]

New "SuperPrime" programs make full-service financing a reality

July 25, 2013

Foundation Finance Company (FFC), one of the fastest-growing providers of consumer financing to the home improvement industry, has launched new “SuperPrime” programs designed to compete directly with the home improvement financing programs offered by Wells Fargo, GE Capital and other “prime only” lenders. “Our second-look home improvement financing programs have been hugely popular for dealers […]

The importance of good credit applications

May 20, 2013

Taking complete credit applications is one of the most important things you can do to help improve your financing results. Unfortunately, a lot of salespeople don’t understand this and submit incomplete or inaccurate applications. Doing this jeopardizes your chances for an initial approval and increases the odds of a loan getting rejected during verification. Here […]

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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