A recent survey shows the importance of offering financing options and how it can affect your sales. Don’t Lose Out On Sales If you’re not offering financing to your customers, you could be losing up to 45% of sales. That’s a lot of money on the table! The survey shows that 45% of customers said
Financing Drives Incremental Sales Read More »
Your real competitor is the homeowner. Technical and management skills are essential to selling your remodeling business/service to customers but skills like effective communication are equally important. If you help the homeowner understand remodeling, you’ll likely end up with a higher percentage of closed deals from those prospects. “People buy emotionally and rationalize their decision
Your Real Competition Isn’t Other Remodelers… Read More »
A survey conducted by Contractor Nation of over 1,729 homeowners who reported hiring a remodeler in the past five years shows surprising data about the factors that go into choosing a remodeler. Obviously homeowners are not relying solely on your website to make the decision. The numbers show that an overwhelming number of homeowners start
New Survey – How Homeowners Choose a Contractor Read More »
Ever wonder the credit score of your potential buyer? You’ll never know for sure until their credit report is actually pulled but here’s a good benchmark. Lenders use different credit scores when looking at potential borrowers; the two best known are the FICO score and VantageScore. According to Bankrate.com, the FICO score remains the most
The Average Consumer Credit Score Read More »
Great news for the remodeling industry – the second quarter portion of the Home Improvement Research Institute study shows that 73% of homeowners are planning on one or more home improvement projects in the next 3 months. What you need to know: Exterior projects like landscaping, building a deck, painting, roof repair, etc. are the
Homeowners are Planning for Q3 Remodeling Projects Read More »
According to the National Association of Home Builders (NAHB) Remolding Market Index survey, in 2015, the two most common home improvement projects were bathrooms (81%) and kitchens (79%). Finishing out the top five most common remodeling projects in 2015 are whole house remodels (49%), room additions (47%) and window/door replacement. See the chart below for
Most Common Home Improvement Projects Read More »
There’s a difference between bidding on a job and selling a job. Bidding on a job means you present a price for a proposed job. Bidding is all about the price and the lowest (responsible) price wins. Comparatively, selling a job is showing a prospective customer that you can provide a product or service that meets
Are You Bidding on Jobs or Selling Them? Read More »
We’re making financing even easier for our home improvement and water treatment dealers by offering new, simpler pricing options for the New Year. Contractors and dealers still have a large menu of financing programs to choose from, so finding the right offer for nearly every client is a breeze. More Ways To Close Sales Our
New, simpler pricing makes closing sales even easier Read More »
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 show season – offer financing to attract buyers Read More »
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
Foundation Fiesta 2 – Virgin Islands Read More »
For dealer use only. Not a consumer advertisement. All credit products are subject to credit approval. Rates, terms, conditions, and promotional programs may vary by dealer and are subject to change without notice.
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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