5 Reasons to Offer a Monthly Payment
Every customer asks themselves, “Can I afford it?” before committing to a new roof. Splitting the cost into affordable monthly payments can help them be confident in the decision to move forward with their project.
Not sure offering financing is the right move for you? Discover five reasons you should.
Offering Financing Will Help You…
Increase sales.
Did you buy your last car with cash, or did you finance it? What about your house? Large purchases are easier to afford when you break the costs into monthly payments. The same is true for your customers, so offering a payment option makes it easier for them to afford a new roof and easier for you to close the sale.
Boost your average project size.
Payment options make it easier to close a sale and give customers the opportunity to splurge on upgrades they might otherwise go without. Use a payment estimator to show customers how even a small increase in their monthly payment can help them to afford high quality materials or additional services.
Strengthen your sales pipeline.
The right tools can help turn lead inquiries into customers. Foundation Finance provides tools and support that help businesses succeed, such as approvals for customers with FICOs as low as 550, special promotions your customers will love and a financing process that’s easy for you and your customers to navigate.
Attract new customers.
If a prospective customer is shopping around for a roofing contractor, they may be more likely to choose your company over a competitor who doesn’t provide monthly payment options. It can also help you earn more referral business, as customers who are happy with your company and your financing options may suggest your business to friends, family and neighbors.
Get paid quickly.
Cash flow is important to every business. When you partner with a finance company like Foundation Finance, you don’t have to take on the risks associated with providing your own payment program. The process is simple: once Foundation Finance approves your customer for monthly payments and verifies the project completion with the customer, you get paid via ACH.
Ready to close more sales, improve your cashflow and enjoy a simple, convenient process? Partner with Foundation Finance.
Learn how to close more sales today!
Interested in ways Foundation Finance can help your business grow?
Contact us for more info: 1-855-241-0024, [email protected].
