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.
Free Financing Guides
Offering Financing Is Easy, but It’s Even Simpler with the Right Resources. Between creating project estimates, ordering…
How to Ask for Referrals
There are countless ways to find new customers for your business. Social media, email marketing, billboards, and…
3 Ways to Get Paid for a $20k Project
Different payment methods can make a big difference in your customer’s monthly payment. Learn how you can…
Business Growth
Find key business tips and techniques to help grow and develop effective business practices.
Was Your Customer’s Financing App Denied?
Let Us Take a Second Look! If at first you don’t succeed, try getting a second look!…
3 Marketing Strategies to Try this Year
Keep your customers engaged and your marketing fresh this summer by trying out some of these strategies.
5 Ways Customers Can Pay for Home Improvement
A recent report from the National Association of REALTORs found that 92% of consumers would remodel more…
Finding Customers
Explore new lead generation techniques and sources to create more customers for your home improvement business.
How to Ask for Referrals
There are countless ways to find new customers for your business. Social media, email marketing, billboards, and…
Offer Monthly Payments with FFC
Whether you are thinking about expanding your business and taking on more customers or just looking for ways to close sales faster, now may be a good time to consider adding financing to your list of sales tools.
Don’t Forget…We Have Free Marketing Materials.
The new year is a great time to refresh your marketing materials, and when you partner with Foundation Finance, we have your financing-related marketing needs covered.
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.
