More and more contractors are adding home improvement financing to their toolkit, and it's easy to see why. It makes projects of any size easier for customers to say yes to, which means more closed sales for you.
Whether you're looking for your first financing partner or considering how additional financing partners can help you get more customer approvals, Foundation Finance can help.
Why Should You Bother Offering Financing?
Your customers already use financing for cars, vacations and everyday purchases. So, when they're staring down a $25,000 kitchen remodel, they expect the same flexibility. If you're not offering it, they'll either scale back the project, delay it, or find a contractor who does.
Offering financing at the point of sale keeps the momentum going and opens up opportunities for customers to choose the upgrade options they really want. Instead of walking away to search for financing options, your customer can say yes on the spot.
What to Look for in a Financing Partner?
There's no shortage of financing partners to choose from, so how do you pick the right one? Keep these factors in mind.
- Approval rates: The more customers who qualify for financing, the more sales you close.
- Credit range: Some companies only work with customers with strong credit. Others have options for a wide range of credit histories.
- Project size: Whether it's a small repair or a major renovation, your financing should cover it.
- Ease of use: You shouldn't need a finance or computer degree to offer financing.
- Support: You shouldn't have to figure it out alone. The right partner provides tools, training, and a team that's there when you need them.
Why Foundation Finance?
Foundation Finance was built with these exact needs in mind. With approvals for customers with FICOs as low as 550, you can offer financing to a wide range of homeowners. Plus, customers with strong credit scores may receive extra benefits.
We cover projects from $1,000 to $100,000, so whether your customer needs a water heater replaced or a larger renovation, financing is available.
Joining the Foundation Finance dealer network is simple, and once you're enrolled, you'll have access to the tools and support you need to start offering financing right away.
Ready to close more sales? Join the Foundation Finance dealer network today and start offering financing your customers will love.
Get started by calling 855-241-0024 or emailing [email protected].
You can build on us.
Enroll in the Foundation Finance dealer network today.
