Less compromising.
More building.

Win more projects that are worth more money.

You’ve been there before: You go to a customer’s home, quote a home improvement project, and the customer’s mouth drops at the cost. The sale either stops right there, or the scope and job size get smaller and smaller until the project is half the magnitude of where it started.

PowerPay exists so that you can have that experience far less often. The benefits of using our platform to provide home improvement financing and loans include:

Negotiate less and close more.

Instead of sizing down your projects to fit a customer’s budget, you can translate a large home improvement project into a low, affordable monthly payment.


With a home renovation project translated into a low, monthly cost, customers have the opportunity to buy more and build more with you, allowing for increased sales to grow your business.

Offering customers financing for projects including things like hvac and ac units, pools, roofs, and landscaping oftentimes lead to over a 50% increase in the overall size of the job.

Chase less.  

No more chasing down customers for that final payment. PowerPay pays you the total project cost via ACH upon installation. 

Keep more.  

Unlike most lenders, PowerPay is your true lending partner and doesn’t add any unnecessary contractor fees or charges into your loan. That way, you and your customers can both keep more of your hard-earned money.  Even with our freemium model – additional services like staged funding, buydown programs, etc. are discounted for volume and less than other lenders.  

Win More.

Close more sales by focusing on low monthly payments

Keep More.

Eliminate paying fees to banks and finance companies

Earn More.

No more compromising on price – upsell the project your customer really wants.

Common Business Questions

What's considered a home improvement ?

Any equipment, service, installation costs or other project related to home improvement qualifies for financing. The following is a partial list of what PowerPay finances:  HVAC equipment & installation, attic insulation, stone veneer, windows, siding, roofing, kitchen remodels, bathroom remodels, cabinets, carpet, deck & patio, doors, fireplaces, garage doors, smart home equipment & installation, hardwood flooring, paint & wall coverings, hardscaping, landscaping, driveway repair & installation, siding & exteriors, tile, stone & countertops, air conditioning & heating, gutters, spa & pool, home additions, tile installation, basement remodeling, custom cabinets, fence installation, lighting installation, garage building, cabinet installation, backsplash installation, electrical and plumbing and appliances.

Here’s a more complete list.

Additions, Attic Insulations, Renovations and Structural Changes, Air Conditioners, Artificial Turf, Awnings, Bathroom Remodels, Car Ports, Chimney Repair & New Chimney Builds, Decks & Patios, Docks, Doors, Energy Saving Retractable Pool Covers, Fencing, Fireplaces, Foundation Repair, Garages, Pole Barns, Garage Doors, Garage Storage Systems and Floor Sealer, Gazebos, Generators, Gutters and Gutter Systems, Hardscaping, Irrigation, Kitchen Remodels, Landscape Installation, Masonry/Asphalt: Driveways, Concrete, Pavers, Retaining Walls, Oil/Propane Tank, Outdoor Kitchens/BBQ, Outdoor Lighting, Painting, Patios, Ponds, Pool Remodeling and Repairs, Roofing, Salt Chlorinators, Siding, Solar Photovoltaic, Solar Thermal: Domestic Hot Water Heating, Stone Veneer, Pool Heating, Pools, Spas, Sport Courts, Storage Units & Sheds, Sun Rooms, Windows & Doors, Wind Turbines, Wood Playsets

Air Conditioning and Heating systems, HVAC equipment, Basement Systems, Basement Waterproofing, Basement Remodeling, Boilers, Cabinets and Cabinet Refacing, Closet Finishing Systems, Countertops (quartz, granite, marble, etc) & Backsplash, Dampers, Duct Cleaning, Electrical, Fans: Whole House, Gable, Ceiling, Fireplaces, Flooring, Furnaces, Gaming Tables, Garage Heaters, Geo-Thermal Systems, Heat Pumps, Home Safety Solutions, Stair Lifts, Wheelchair Ramps, Home Theater, Indoor Air Quality: Filtration, Hardwood and Vinyl Flooring, Humidification, Thermostats, Insulation, Lighting: Installed, Painting, Plumbing, Shower Refacing, Liners, Shower Replacements, Walk-In Tubs, Remodels: Room Additions, Renovations, Smart Home Equipment, Security Systems, Stoves: Gas, Wood, Pellet, Tile, UV Lights, Water Heaters, Water Softeners, Window Treatments and Window Coverings.

Why should I offer financing?

50% of all home improvement investments over $5,000 are financed.  Additionally, over 30% of all homeowners research financing options before making a home improvement purchase.  Offering financing enables you to close more sales and earn more money on every job. By translating a large, expensive home improvement into a low monthly payment, you’re less likely to lose sales because of pricing, and you’re less likely to see customers haggling with you over costs. Quite simply, offering financing can help you to grow your business.

What Loan Products are available to me?

Here are some of our most current programs for Dealers and Contractors.  Please see your sales rep for more details.

Base Program
  • No Dealer Fee Options
  • Rates start as low as 4.99% (buydown)
  • staged funding available*
  • terms options are 5, 10 or 15 years (lowest monthly payment)
  • no prepayment penalties
  • no credit cards
Promotional Program
  • Up to 24 Months NO payments NO accrued interest (12-month or 24-month options)
  • Deferral Period begins at the completion of construction
  • 15 Year Product
  • NO Balloon Payment: at the end of the deferral period your customer just begins making their low monthly payment with a rates as low as 8.99%
  • NO Credit Card
  • Discounts from 5%
Balance Pay (BalPay)
  • 2, 3, 5 Year NO Interest “Equal Pay” Product with an ultra low default 8.99% APR

Why do Dealers & Contractors choose us?

There are several key reasons why contractors and dealers choose us.  First, No Fees! We were founded by a home improvement professional who knows firsthand the power of financing, as well as the damage fees, can do to your bottom line and your customers’ pocketbooks. The average contractor pays 7.5% in fees on every financed home improvement project. That’s why we have no hidden contractor’s fees.

600+ FICO.  We can offer free financing to consumers with FICO scores of 600+.  This allows you to actually help consumers purchase the home improvements they want or need.

Highest Approval Rates in the industry.  Compare us to anyone – we will approve more customers than any lender.  If you are tired of finance turndowns, switch to PowerPay.

No Credit Cards!  Nobody, customers or contractors want to deal with another high-interest credit card and additional swipe fees to the contractor.

Lowest Payments.  PowerPay also offers the longest payment options – up to 15 years with rates starting at 4.99% and maximum loan sizes of $100,000 loans which result in lower payments and more customers.

Easy to Use.  Our platform is really easy to set up and use.  Onboarding and training are can be completed in under 30 minutes! We offer free training and are ready to help you when you are in your customer’s home!

New Promotions.  We now offer 12 and 24 month – No Down Payment, No Interest, No Payment, No Balloon Payment and No Outrageous Interest rate at the end of the promotions.  Most credit card promos revert to a 29% interest rate when the promotion ends. Not ours.  At the end of the promotion, our customers can stay in the loan for up to 15 years with rates starting at 8.99%.  While these promotions have a fee associated with them – they are the lowest in the industry!  We also offer 2,3, and 5-year equal pay promotions with ultra low 8.99% rates so ask your representative about new programs.

How do my customers pay me and what's my risk?

Customers don’t pay you.  PowerPay will direct deposit funds into your account via ACH within 24-72 hours after the install. (The range is based on your bank’s ACH program)  You keep 100% of the funds, and your payment is guaranteed when you complete the project.  It’s simple, fast and easy.  No more collection calls and chasing clients for payments.

How does PowerPay work?

By using PowerPay, you are giving your customers options to pay for home improvements with financing.  Your customer will apply online using our online application form and a decision is generated in seconds.  Once approved, you can complete the transaction with your customer from our easy-to-use portal.  Electronic documents will be sent via email and your customer can sign electronically – we are fully paperless.  Your customer won’t get any bills for a month or so after installation.  You will get paid by PowerPay in full after the installation is complete.

Who is the Lender?

While other finance companies serve as “middlemen” and take fees from you for allowing you to offer financing to your customers, PowerPay does not act as a middleman or lead generator. We have funding commitments for $15 billion.  Every borrower is approved through our systems and all loans are processed through our system. That means that we control the rate and loan term, and service every loan.

How long does it take to set up and get started?

With PowerPay, the enrollment is a simple form that takes 2 minutes.  After that, our team with train and onboard you or team at no cost and at a time convient for you.  That means evening, weekends, whatever works best for you.  Not only that, we’ve simplified the process so that training takes less than 30 mintues.  We can have you writing loans in 1 day.

Promotional Programs - the difference between PowerPay and other banks

There are several types of promotional loans. PowerPay offers two types.  Same as Cash and 12 months and 24 months no payment promotions.  First, PowerPay promotional loans are not credit cards.  They are unsecured personal installment loans.  The main difference between a credit card loan and PowerPay promotion is the interest rate once the promotion is over.  In most credit card “teaser” promotions that rate, once the promotion ends, will be in excess of 29%.  Our loans, once the promotion ends will be approximately 8.99% for 15 years with no prepayment penalties so customers can pay off whenever they like.  We don’t like the credit card promotions because the fees are excessive and we’ve seen too many people get hit with accelerated payments and massive fees.  It’s just unfair and most contractors don’t seem to care what the customer pays after they’ve completed their job.

With uncertainty in the economy and financial markets we believe that if a customer wants to use the promotion and then pay it over time, it should be at a fair and reasonable rate.  Most contractors and dealers offer “teaser” promotions as a marketing tool but at the end of the day, only consumers will above-average credit qualify.  PowerPay offers promotions for customers at many credit levels.

Our same as cash promotions essentially allows the customer to make a purchase and pay off the loan in equal monthly installments similar to how you purchase an iPhone.  These programs are offered with the lowest fees in the industry.  Ask your sales rep for more information.

How do I offer the PowerPay Program?

This can be done in a few ways.

First, your clients can apply at GetPowerPay.com
The second option is that we can supply you with a link or button for you to add on your website.
Third, customers can apply by contacting our call center with your Dealer/Contractor ID.
Finally, your salespeople can provide a link or tablet during in-person visits.