You Just Became a Financing Dealer. Now What? - FFC

You Just Became a Financing Dealer. Now What?

happy home improvement customer

Financing Improves Customer Experience.

Affordability is one of the biggest hurdles homeowners must overcome when considering updating or renovating their home. However, you can make big projects more accessible by offering customers home improvement financing. Low interest rates and attractive promos can shorten the time customers spend saving for their next project and lowers the amount of cash they need to provide up front.

Foundation Finance offers a stress-free financing option. We offer time-saving tools and easy-to-use tech that makes it easy to provide your customers with home improvement financing. Enrolling in the Foundation Finance dealer network is free and takes just a few minutes. But what do you do once approved?

Learn.

Offering financing to your customers is easy, especially if you take the time to join a training webinar on the tools and tech that make it even simpler. Spend a few minutes learning the system and reviewing the available promos. Check out Foundation Finance鈥檚 available webinars and one-on-one training, or contact our dealer support team if you have any questions! You can reach us at 1-855-241-0024, ext. 5012.

Talk.

Everyone knows about financing for a new car or home, but some people are not aware of home improvement financing. Add information about financing options to your marketing and advertising plans to let potential customers know their projects may be closer than they seem.

Price.

Foundation Finance offers free reduced APRs and Half-Pay promos to all approved customers, but you can offer more promos and even lower APRs when you leverage dealer fees. Check your pricing model to see what kind of margins you鈥檙e making and, if needed, consider raising your prices by 3-5% to offset the cost of other financing benefits you would like to offer your customers. Just remember, as per Truth-in-Lending regulations, you can鈥檛 raise the price on a customer after they decide to finance.

Profit.

Take what you know and put it into action. Foundation Finance offers financing for a wide range of credit profiles as well as free reduced APRs for every approved customer. Streamline your sales funnel and start closing sales faster with financing today.

Know a contractor who is looking for a financing partner? Earn up to $500 per referral. Not already a dealer? Enroll today in the Foundation Finance dealer network. Contact us for more info:聽1-855-241-0024, [email protected].

Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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