Home improvement financing Archives - Page 2 of 6 - Foundation Finance Company

Home improvement financing

Winning Your Consumer’s Share Of Wallet during the Holiday Season

Consumer mindset is shifting to holiday shopping…and end-of-year budgeting. From hosting the Thanksgiving meal to gift-giving to paying property taxes, the purse strings are tightening around discretionary spending. Home improvements may not be at the top of the holiday wish list, but they did rank 9th in an early October National Retail Federation survey of …

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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 …

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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 …

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Climate Extremes Increase Demand for Metal Roofing

The popularity for metal roofing is growing – especially in states that experience severe climates. All-season durability has become a must for areas that experience extreme conditions such as wildfires, hurricanes, and ice dams caused by polar vortex winter weather. Homeowners who are repairing as a result of a climate-related disaster have shown a serious …

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Accepting discounted financing bids – build your bottom line

Most lenders in the home improvement financing space are considered “approve or deny lenders.”  This means they approve or deny applications for credit solely based on the customer’s credit score – which typically needs to be prime.  So, what happens to customers that have average credit or credit with a few hiccups?  That’s where second …

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