Contractors Archives

PowerPay and Sales Builder Pro team up for HVAC contractors

Contractors, PressBy Mike Andrews Doing Business As October 16, 2021

https://www.marketwatch.com/press-release/powerpay-and-intelligent-mobile-support-announce-integration-partnership-to-provide-financing-to-hvac-contractors-2021-10-07 Oct 07, 2021, 07:00 ET PHILADELPHIA, Oct. 7, 2021 /PRNewswire/ — PowerPay, the nation’s fastest-growing home improvement financing technology company, has announced an integration with Sales Builder Pro platform by Intelligent Mobile Support, the industry leader for HVAC proposal software. The integration will provide current and future Sales Builder Pro users with access to superior consumer financing…

3 reasons to add financing options to your sales presentation

ContractorsBy August 18, 2021

When you’re pitching with your sales presentation to a customer, you need to be prepared to answer any and every question they have. And the biggest question on their mind is almost always, “How much is this going to cost me?” Some customers aren’t afraid to ask, while others rely on your ability to bring…

8 Ways to Win Bigger Projects

ContractorsBy Mike Andrews Doing Business As February 24, 2020

Larger projects are typically longer projects, and longer projects usually mean bigger profit margins for contractors. Think about it: With larger projects, fewer unpaid hours are spent quoting work, onboarding new customers, and securing permits. There’s also the chance you’ll save by buying materials in greater quantities. But how do you target larger projects? Do…

Grow your your business with home improvement financing

ContractorsBy Mike Andrews Doing Business As February 7, 2020

Watch a short video that shows how PowerPay helps contractors grow their business. Our national platform allows you to offer your customers up to $100,000 home improvement loans with no hidden contractor fees or credit cards. By translating expensive projects into low monthly payments, we help you win more, earn more and keep more, so…

The benefits of home improvement financing for consumers and contractors

Contractors, HomeownersBy Mike Andrews Doing Business As October 16, 2019

Watch a short video that shows how PowerPay home improvement financing works. Our digital platform makes it easy for homeowners to get an unsecured loan with really low rates, long terms, no prepayment penalties. With our loans, you can buy the home improvements you really want. No more compromising. Make the right investment so you…

3 Ways to Close More Projects Worth More Money

ContractorsBy Mike Andrews Doing Business As October 7, 2019

3 Ways to Close More Projects Worth More Money As a contractor, you’ve probably had this experience: You walk into a customer’s home, quote a project, and their mouth drops at the price. The conversation becomes difficult from there. Usually, you’re forced to watch your project shrink or disappear altogether. Using financing, you can have…

The Case Against Zero Percent Loans

ContractorsBy Mike Andrews Doing Business As September 12, 2019

What’s a No-No loan? A No-No loan is also known as a deferred interest credit card loan. These have become very popular in the home improvement space recently. Unfortunately, the reason they are so popular is due to a lack of understanding. TRUE 0% LOANS DO NOT EXIST. Someone is paying for it, and 99%…

How to Grow Your Business Profitably by Offering Financing

ContractorsBy Mike Andrews Doing Business As November 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 Mike Andrews Doing Business As November 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…

Financing Home Improvement with Credit Card

Contractors, HomeownersBy Mike Andrews Doing Business As October 25, 2018

Financing Home Improvement with Credit Card Consumer Credit Card Spend for Home Improvement on the Rise, Houzz-Synchrony Study Finds Highest usage among millennials; Uptake of promotional financing One-third of homeowners used a credit card to pay for home renovations in 2017, according to a study released today by Houzz, Inc., in collaboration with Synchrony (NYSE:SYF), on…

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