Discount financing Archives - Foundation Finance Company

Discount financing

Your Customer Wasn’t Approved for Financing? No Problem. FFC Can Take a Second Look!

Second Look Financing, also known as “Discount” financing, is a way to approve a deeper level of credit–including customers that most “prime lenders” (like banks) would decline–by sharing a portion of the risk with the dealer. In other words, it’s a second opportunity for a customer to afford their dream renovation or emergency necessity. And …

Your Customer Wasn’t Approved for Financing? No Problem. FFC Can Take a Second Look! Read More »

Contractors Who Offer Financing, Sell More. Period.

Market revenue in home improvement is expected to grow to approximately $1.12 Billion by 2025, according to a 2019 Global Market Insights, Inc. report. HVAC replacement, water treatment, energy efficiency advancements and home upgrade projects are strong drivers prompting consumers to connect with home improvement contractors. How much of that billion dollar market revenue will …

Contractors Who Offer Financing, Sell More. Period. Read More »

Second Look Financing: Your Questions Answered

You already know that offering financing to your customers as a payment option for their home improvement project is critical. Many contractors already offer in-house financing or go through a big bank to offer financing for their good credit customers. But what about the approximately 50% of people in the United States who are “credit challenged?” They …

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Are You Turning Away a Third of Your Potential Customers?

You already know that offering financing to your customers as a payment option for their home improvement project is critical.  Many contractors already offer in-house financing or go through a big bank to offer financing for their good credit customers.  But what about the approximately 50% of people in the United States who are “credit …

Are You Turning Away a Third of Your Potential Customers? Read More »

Build Your Bottom Line With Sales Most Lenders Would Deny

Today in the remodeling industry, it is critical to offer your customers financing as a payment option for their home improvement project.  Whether it’s a small repair or a large renovation, having financing as an option can help you close more sales. If you already offer financing but your current lender approves or denies applications …

Build Your Bottom Line With Sales Most Lenders Would Deny Read More »

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