Build Your Bottom Line With Sales Most Lenders Would Deny - FFC

Build Your Bottom Line With Sales Most Lenders Would Deny

Today in the remodeling industry, it is critical to offer your customers financing as a payment option for their home improvement project.  Whether it’s a small repair or a large renovation, having financing as an option can help you close more sales.

If you already offer financing but your current lender approves or denies applications based on credit score, then you are missing out on sales. Having a second look/discount financing program available can help you approve more customers and build your bottom line.

Sales To Build Your Bottom Line

“Discount financing” is a way to approve a wider variety of credit, including customers that most “prime lenders” (like banks) would decline, by sharing a portion of the risk with the dealer. Discount fees are based on the customer’s credit and application information.

Making some profit (or breaking even) is better than walking away with nothing on a credit denial.

At Foundation Finance, we approve your good credit customers with no dealer fees and we can approve customers with weaker credit, allowing you to add more sales overall!

Here’s what one of our larger Midwest contractors had to say about our second look program: “{FFC is} approving 77% of the deals our primary lenders decline.  This has hugely boosted our revenues.” 

So are you ready to build your bottom line?  Call us at 1-855-241-0024 ext. 5012 or email [email protected].

See more about discount financing 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").

California Consumer Privacy Act (CCPA) · Privacy Notice ·  NMLS #916914 - NMLS Consumer Access · CA DFPI License #: 11386-99 ·
© 2024 · Foundation Finance Company · Website by RVT Solutions

Scroll to Top