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