Everything You Need to Know About Home
Improvement Financing
Close more sales with customer financing.
Financing isn’t limited to cars and big box stores. Learn how to leverage home improvement financing to close more sales and increase your average sales price. Whether you work in roofing, siding, HVAC, water treatment systems, or another home improvement field, we have the information you need to understand how to get the most from home improvement and renovation financing here. Explore all our blogs below or search one of these popular topics:
Customer Management
Learn how to nurture and support home improvement leads and customers once they enter your sales funnel.
Unclosed Leads Cost More Than Just Time.
Identify Leads That Need Nurturing to Start Closing More Sales! The average home improvement lead costs between…
What “I Need to Think About It” Really Means
You’ve nailed your pitch. The homeowner is nodding along and then comes the dreaded “I need to…
Free Financing Guides
Offering Financing Is Easy, but It’s Even Simpler with the Right Resources. Between creating project estimates, ordering…
Business Growth
Find key business tips and techniques to help grow and develop effective business practices.
Combat Stress for a Healthier You & A Better Business
Stress is something that all business owners deal with. Day-to-day operations, deadlines, pressure from clients and jobsite…
Is Your Remodeling Business Prepared for Growth?
Consumer confidence in the remodeling market is high due to great housing demand, strong home appreciation, favorable…
Productively Become a Better Business Owner
Setting guidelines as a business owner is essential to your company’s growth. As a business matures, it…
Finding Customers
Explore new lead generation techniques and sources to create more customers for your home improvement business.
Unclosed Leads Cost More Than Just Time.
Identify Leads That Need Nurturing to Start Closing More Sales! The average home improvement lead costs between…
What Homeowners Want from You
Customers and contractors don’t always see eye to eye on what matters most. For you, a job…
What “I Need to Think About It” Really Means
You’ve nailed your pitch. The homeowner is nodding along and then comes the dreaded “I need to…
How Home Improvement Financing Works
During the sale process you go over the value, timeline, and estimated price of the work your customer wants done on their home. Depending on the scale of the project, some of your customers end up stuck waiting for their application for a home equity loan or a mortgage refinance to go through. However, you can save time, close sales faster, and help your customers by offering a simple, flexible home improvement financing option.
Foundation Finance’s home improvement and renovation financing process is simple. You or your customer completes a short credit application online. We offer approvals for customers with FICOs as low as 600 so you can get your customers approved faster. We’ll typically let you know if your customer is approved in just a few minutes.
Once you have an approval, you can complete the home improvement financing documents online to print out or send them for electronic signing. After that, it’s just a matter of completing your project and submitting a completion form for funding. We will make a quick verification call to your customer and fund you by ACH. At that point, we handle all the billing and collection activities.
We also offer our home improvement contractors a variety of reduced APRs, half-pay, same-as-cash, and deferred payment programs to help close sales.
