Foundation Finance Blog
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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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
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 […]
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 […]
Working in an increasingly online, mobile world means embracing new technological trends that can save you and your customers time and money. Foundation Finance Company is now launching its “Kwik-Sign” digital signature program for loan document completion. Of course, dealers always have the option to complete loan documents by hand using hard copies or to […]
