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 …
Offering financing to customers increases buyer conversion and customer loyalty. It also increases average project size by 15%, reports a study by bigcommerce.com. So it’s in the best interests of your home improvement business to offer financing. But are there best practices on how to successfully offer it to your customers? Of course there are! …
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 …
When the pandemic rolled in during the first quarter of 2020, no one could have predicted the rapid shift to eCommerce as an era of social distancing emerged. And when unemployment numbers began to rise, who knew the consumer’s share of wallet would shrink so quickly? Many home improvement dealers were scratching their heads asking: …
Although a credit application is one of the most important steps in getting financing for a home improvement project, it’s actually one of the easiest to complete. A credit application is a standardized form used to request credit from a lender like Foundation Finance. The form includes basic questions such as the amount of credit …
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