How Financing Tools Help Close Sales - Foundation Finance

How Financing Tools Help Close Sales

tools to close sales

In 2020 the Federal Reserve reported that only 64% of Americans had enough money on hand to cover a $400 emergency, leaving many families in a tight spot when they need home repairs or renovation.1 Offering financing breaks down that price barrier, allowing you to help homeowners to move their projects forward.

Foundation Finance offers dealers a range of tools designed to make offering financing and closing sales easy.

Break Project Costs Into Low Monthly Payments.

Focus on low monthly payments. At Foundation Finance, our financing approvals are valid for up to 180 days, so your customers can apply for financing before you finalize the project’s plan.

Qualifying customers are automatically approved with a higher available credit amount, meaning you can generate documents up to this amount without having to adjust credit applications.2 This makes it easy to offer customers the home improvements and upgrades they want.

Demonstrate Affordability.

Show your customers how affordable their project could be by plugging their estimated project cost and a few credit details into our payment estimator. This will create their estimated monthly cost.3

The low monthly cost of financing a project can take a budget-conscious customer from unsure to ready.

Customer Prequalification

Foundation Finance offers financing to customers with FICOs as low as 600, but some people may still be unsure about whether they will qualify.

That’s where customer prequalification can help. Give your customers the option to check whether they can get financing without negatively impacting their credit score using our soft credit pull process.4

If your customer is approved and chooses to move forward with their financing, a hard pull, which may affect your customer’s credit, will be done upon receipt of their completed credit application and signed financing documents.

Make Financing Easy.

Creating apps for your customers is faster and more accurate with Driver’s License scanning. Simply scan the back of a customer’s state-issued ID to auto-fill pertinent information, such as their name, address and more.

You can also text or email the application via a custom financing app link (also called your credit app link) to get customers approved for financing before their next appointment. This frees up your time, protects your customer’s privacy, and simplifies the process.

If you aren’t already taking advantage of these helpful financing tools, join our dealer network. Applying is quick, easy and free.

Interested in other ways Foundation Finance can help you close your next sale? Contact us for more info: 1-855-241-0024, [email protected].






1 Average Savings Account Balance of Americans (2023).” Time, 19 June 2023,

2 Available credit amount refers to the total available amount of credit for which the applicant has been approved. This amount is only available through the earlier of the approval expiration date or the date of project completion. Not all customers will qualify. Terms and conditions apply.

3 Monthly payment estimations will differ based on project costs, interest rate, and term length.

4 Upon our receipt of the customer’s completed credit application and signed financing documents a hard inquiry on the customer’s credit (that may affect the customer’s credit score) will occur.

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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