Your time is valuable and as a home improvement professional, you are often busy and on the go. However, taking to the time to carefully and completely fill out a credit application can be the difference between an approval and a denial. The tips below can help you get the most out of your credit […]
Get More Approvals with Accurate Credit Applications Read More »
With summer right around the corner, many homeowners will be prioritizing their home improvement projects. From landscaping to roofing, summer provides the prime environment for completing these projects. This is the busiest time of year for most home improvement contractors and many things get put on the back-burner while you and your team complete projects.
Review Your Financing Options Before the Busy Season Read More »
As the market grows and the economy changes, your home remodeling business will depend on servicing your clients to the full extent to maintain a high level of business. You might think that you’re already doing that but if you aren’t offering in-house financing, you are missing a large spectrum of potential buyers. Partnering with
Partner with Foundation Finance for Business Growth Read More »
At this year’s Extreme Sales Summit, a survey of remodelers showed that offering financing led to increased revenue, more leads, bigger projects and happier customers. Spending on home improvement is expected to widely increase over the next two years making offering financing a must. Financing Benefits For Remodelers More than half of those surveyed (including
The Benefits of Financing: A Survey of Remodelers Read More »
Foundation Finance has partnered with Leap, a leading software for contractors that automates key business functions and supercharges their in-home sales process. Key benefits of the Leap platform: Easy and accurate estimating Leap makes it easy to create an accurate, digital estimate because you’ll have all the product and pricing information right at your fingertips.
Foundation Finance is Leaping into the Future Read More »
With the tight real estate market, homeowners are looking to increase the value of their homes instead of purchasing new properties. Over 70% of homeowners stated the best way to add or increase value in their homes is by investing in home improvements. Between 2015-2017, Americans spent almost $450 billion on 113 million home improvement
Financing Helps Homeowners Raise Home Values Read More »
One of the most common scenarios for home improvement contractors is client surprise at the cost of their desired project. The result is one of two things: reduce the project scope or break up the project into phases. Neither is a good outcome for the homeowner or the contractor. For the homeowner, it means having
Why Most Top Contractors Offer Financing and Why You Should Too Read More »
You’ve heard the commercials: “No payments for 90 days!” “12 months same-as-cash!” “Payments as low as $49/month!” Big box retailers love to advertise special financing promotions to get buyers to come off the fence and make a purchase. And guess what? It works. Actively promoting financing can be a valuable tool in your sales and
Selling With Financing – 3 Tips for Success Read More »
Determining how the customer will pay for the project is often the most difficult part of the sales process. Many customers don’t have cash to pay up front or want to take advantage of low monthly payments. Consumer financing comes in handy in these situations. It allows the customer to spread the cost of the
My Customer Was Denied By a Big Bank, Now What? Read More »
“When will I get funded” is a question that contractors are most concerned about getting answered when working with a finance company to offer their customers financing. At Foundation Finance our goal is make sure you are funded as quickly as possible. Below are some tips to make sure you don’t have any hiccups in
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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