Offering financing should remove stress from the home improvement process, not add to it. Keep your projects running on time and prevent funding delays with these financing tips.
Start with Customer Prequalification
Prequalifying your customers is quick, easy, free and will not negatively impact your customer’s credit score.* Submit the prequalification application through LaunchPAD or send your customer your custom app link to fill out the application online.
Fill Out Application Completely
Foundation Finance’s credit application is simple and easy to fill out. For faster processing, be sure the application is filled out completely and accurately. This includes things like accurately reporting your customer’s income and providing active phone numbers and email addresses so that we can reach out to the customer.
Let Your Customers Know FFC Will Be Calling
We will need to go over some financing information with your customers before you start the project. Make sure they are aware that we will be reaching out to them so they know to expect and answer our call.
Check Stipulations
Don’t start installing until your customer is cleared for financing. This includes making sure common stipulations are taken care of. Stipulations you may run into include missing Driver’s License number, proof of home ownership, or proof of income. You can check for pending stipulations in the LaunchPAD dealer portal and on your application approval email.
Interested in other ways Foundation Finance can help you close your next sale? Contact us for more info: 1-855-241-0024, [email protected].
You can build on us. Enroll in the Foundation Finance dealer network today.
*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.
