No matter how the housing market fluctuates, there are always homeowners and real estate investors looking for quality home improvement contractors. However, you can widen your pool of potential customers and enhance your company’s value by adding home improvement financing to the list of benefits you offer.
How do you offer home improvement financing?
Offering home improvement financing isn’t as hard as you might think. There are many reputable companies, like Foundation Finance, who work with contractors. All you have to do is look for a home improvement financing company that serves your industry and meets your needs. Some factors you may want to consider when choosing a finance company include:
- What range of credit scores do they finance?
- Maximum amount they will fund per project?
- Availability of special promotions?
- Do they charge dealer fees?
- How long are financing approvals valid?
- Are there hidden fees or required minimums?
Once you find a company that fits your needs, visit their website to learn about their enrollment process. Enrolling with Foundation Finance is free and easy. Just click the “Become a Dealer” button on the Dealer Info page to access the dealer application. Fill out some basic information about you and your company – this should take around five minutes – and then submit your application. If you would like to talk to someone before you apply, give us a call at 1-855-241-0024 x 5012.
Once you submit your application, our dealer support team will review it and verify your information. You should hear back from us in around two business days, letting you know whether you’ve been approved.
Once you’re approved…
Once you’re approved as a financing dealer, expect a call from our dealer support team to go over the tools and tech at your disposal as well as the different rates and promos you can now offer your customers. You will also be able to access and request free window clings, posters, and other marketing materials for your office.
For more info, download the free guide: “You Just Became a Financing Dealer. Now What?”