You Couldn’t Complete a Remodeling Project without Tools, Right? - FFC

You Couldn’t Complete a Remodeling Project without Tools, Right?

Imagine installing an HVAC unit or replacing a window with no tools. Or gutting out a kitchen for a full remodel…using just your hands. The project would have to be abandoned or shrunk down to a manageable scope.

Now imagine a customer with no financing options. The same concept applies: no financing means abandoning the remodeling project or shrinking it down to an affordable size.

Not providing a financing option is like working on a project without any tools.

There’s proof it works.

Data shows that offering financing with every sales conversation secures more deals. It also opens an opportunity for homeowners to agree to larger or multiple upgrades.

“From 50% higher tickets to more than 20% increases in close rates, industry data shows how much more contractors who consistently offer financing can sell compared to those who don’t,” notes Andrea McCullion, Chief Business Development Officer at Foundation Finance Company.

“One of the biggest things I hope contractors understand is the bottom-line impact financing can make on their businesses.”

You really can build your business with customer financing. Successful home improvement contractors use financing as a staple to closing sales for all types of projects and all types of homeowners. They know a customer is more likely to commit to a project when they don’t have to tap into their savings or investigate a complicated home equity product–especially if it’s an emergency repair. Affordable financing is at their fingertips!

Give them options.

A financing option can seamlessly integrate with the project proposal to create a positive experience for both the homeowner and the contractor. Foundation Finance has a competitive financing portfolio with a fee-free promotion for every customer.

Your financing toolkit should include:

  • Same-As-Cash (SAC) and deferred payment promotions
  • Terms up to 180 months or payment factors as low as 1.25%
  • Unsecured installment and revolving financing up to $75,000
  • First and second looks with FICOs as low as 600 considered
  • Competitive rates with free or reduced-APR promotions

When it comes to home remodeling, contractors know what they need to get the job done. When it comes to financing, Foundation Finance knows what contractors need to close the sale. Take advantage of the tools of every trade to increase your success factor and grow your bottom line.

You can build on us. Enroll today in the Foundation Finance dealer network. Contact us for more info: 1-855-241-0024, [email protected].

P.O. Box 437
Schofield, WI 54476

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