How to Grow Your Business Profitably by Offering Financing

ContractorsBy dshaasNovember 14, 2018

This may seem like a secret, but it’s not. HVAC dealers, improvement contractors, and generator dealers have been using financing to grow their businesses for years. The smart ones have turned it into an art form, but for the rest of the industry, it’s been gaining ground. First, let’s debunk some general myths about financing:…

Facts about Consumer Financing for HVAC Dealers, Generator Dealers and Contractors

ContractorsBy dshaasNovember 14, 2018

Here are some common facts about consumer financing. 50% of all home improvement projects over $5,000 are financed. Over 35% of all homeowners search for financing options before starting the buying process. The average Dealer generates over $1 million in sales with 40% in financing business and 60% of cash/credit card sales. Credit Card Sales…