With the lumber shortage a major issue still causing home improvement project delays and supply price hikes, scrambling to find lumber and building materials is a true struggle. So much so that NASA is even looking at creating its own alternatives to lumber! If NASA can do it, so can the home improvement contractor. According […]
Look at Lumber Alternatives—and Financing! Read More »
The pandemic created an unexpected rise in home improvement sales that surpassed expectation. A byproduct of this rise in demand was a shortage of supplies. That supply shortage increased costs, pricing and wait time for consumers. What’s next? Are you ready for the next industry shift?! According to the August 2021 Economic & Industry Update
Sales Are Up…But You Still Need Financing. Read More »
It’s been well over a year of cancelled, postponed or virtual-only shows. Are you as thrilled as we are that live industry events are back in full swing? Roofing contractors, water quality dealers, HVAC installers, small and large business owners and many more professionals in the home improvement industry are once again attending trade shows
Will We See You at the Next Trade Show? Read More »
What’s worse than a sudden price hike in supplies? Watching your customer take a hike after seeing an unexpected project cost increase. Home improvement contractors can’t control the market, but there is a way they can control their customers’ reactions to environmentally influenced pricing. Financing. Providing financing for your customers makes dreams come true. The
Customer Financing Can Soothe Unexpected Market Spikes Read More »
Imagine installing an HVAC unit or replacing a window with no tools. Or gutting out a kitchen for a full remodel…using just your hands. The project would have to be abandoned or shrunk down to a manageable scope. Now imagine a customer with no financing options. The same concept applies: no financing means abandoning the
You Couldn’t Complete a Remodeling Project without Tools, Right? Read More »
If you’re a home improvement contractor thinking about adding a financing program to your business but still mulling it over, this Q&A should clarify any indecision. With 8,000 dealers and growing who have already enrolled in our network, we’ve listened to a lot of valid questions about enrolling in a financing program and enrolling in
Got Enrollment Questions? We’ve Got Answers! Read More »
The urge to impress is an uncapped human trait…especially if you’re a homeowner in a competitive neighborhood. Holiday light displays aside, one in five homeowners admits to doing a home improvement project just to one-up the neighbors. And one in four homeowners added or refurbished a deck with the intent to impress someone. A recent
Keeping Up with the Neighbors Is a Contractor’s Dream Read More »
With more than 8,000 home improvement dealers in our nationwide network knocking out one upgrade after another, Foundation Finance has a pretty good read on popular home improvement activity. Interiors are getting valuable renovations and home exteriors are getting much wanted facelifts. Here’s what we’re seeing, in order of top activity, from dealers in our
Home Improvement Trends: Top Dealer Network Activity Read More »
After a year of unprecedented time stuck at home, homeowners don’t want to wait any longer for a remodeling upgrade. They want now what they’ve been dreaming about for the past year. And the combination of impatience and a need for change is creating renewed opportunities for home improvement contractors. The best part of this
Customers Are Asking For Financing Read More »
When you think about it, what business isn’t providing customized service every day? Your support staff can’t guarantee exactly what question will be coming from the other end of the phone, or, what a customer really wants when they walk in your front door. Any service provided is a direct result of what the customer
Is ‘Customized Service’ the New Normal? Read More »
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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