Improve your sales process and help your customers at the same time by offering financing. Not sure if this is the right move for you? Discover five reasons you should offer financing below or give us a call to discuss your options!
1. More Sales
Did you buy your last car with cash, or did you finance it? What about your house? Large purchases are easier to afford when you break the costs into monthly payments. The same is true for your customers, so offering financing makes it easier for customers afford home improvement projects and for you to close more sales.
2. Cash Flow
Avoid payment delays! When your customer uses Foundation Finance, you don’t have to wait for a check in the mail or follow up regarding missing payments. Instead, get paid for jobs via ACH at substantial project completion.
3. Promotions
Win more customers with special promotions. Popular options such as a reduced interest rate or the same-as-cash promo can give customers an extra reason to schedule their next home improvement project with you instead of your competitor.
4. Customer Experience
Increasing project sizes is easier when customers only need to pay a little more each month rather than hundreds (or even thousands) of dollars in cash right away. The payment estimator can demonstrate what monthly payments could look like with different project costs.
5. Convenience
Creating and monitoring your customer financing applications is easy. Get started in the LaunchPAD dealer portal by scanning your customer’s Driver’s License or send your customer the application via text, email, or website to fill out themself.
Close more sales, improve your cashflow and enjoy a simple, convenient process when you partner with Foundation Finance. Interested in other ways Foundation Finance can help? Contact us for more info: 1-855-241-0024, sales@foundationfinance.com.
You can build on us. Enroll in the Foundation Finance dealer network today.