Seal the Deal With DocuSign - Foundation Finance

Seal the Deal With DocuSign

Zoom meetings, social distancing, working from home and online shopping have become mainstream as the pandemic continues. Consumers are embracing new ways to do business. And businesses shouldn’t be afraid to embrace the online tools that help their buyers do business with them.

The pandemic has fast-tracked the popularity of using eSignatures, like DocuSign, especially for home improvement dealers. DocuSign makes it easy to do financing “paperwork” remotely and is by far one of the best tools to use during an atmosphere of social distancing. Loan documents can be sent remotely and securely signed digitally.

The process is simple for the dealer and the customer. When generating loan documents, dealers can select the electronic signing option and a digital version is emailed to the customer. The customer(s) electronically sign the documents and a copy is emailed to the dealership for final signatures. No one needs to leave the home or office and no paperwork is physically transferred.

Here’s a quick tutorial on generating eSign documents.

Demand is increasing

After spending more and more time at home for the past few months, homeowners want to improve their living spaces. According to the National Kitchen & Bath Association’s (NKBA) Market Outlook report, more than one in five households (22%) wants to remodel soon, and many increasingly cite the need for more functional space as a driving factor. A significant percentage is also motivated to replace worn-out features (20%), repair damage (15%) and update their home’s design (14%).

If your business is prepped and ready to make customer projects affordable (financing) and make financing convenient (DocuSign), then you’re steps ahead of the competition. Make it clear to potential customers that your financing process can conveniently be conducted remotely. Using Foundation Finance’s free custom marketing materials can help keep your business in front of potential buyers.

Now that more consumers have had a taste of the ease of electronic signatures, they’re not going back to paper. “After the pandemic ends,” says Dan Springer, DocuSign CEO in an interview with CNN Business, “It will be growing at a high rate for many years to come.”

You can close more sales and seal the deal with the virtual appeal of DocuSign!

You can build on us. Enroll today in the Foundation Finance dealer network. Contact us for more info: 1-855-241-0024, [email protected].

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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