Choose the right lending platform.
For you, and for your customers.

More money for you. More money for your customers.

Eliminate the choice of paying fees or charging your customers more.

PowerPay is a digital lending platform that is built to save you and your customers money. We’ve eliminated contractor fees, credit cards and prepayment penalties, and cut out middlemen with the goal of delivering the lowest monthly payment in the least amount of time. That means less time spent haggling with customers to make projects affordable, and more time spent building your business.

How PowerPay Works

Simply have your customer fill out our online application form. They’ll know instantly whether they qualify for a loan, and will be shown the monthly cost of the project. They can complete the process whenever it’s ready.

What Happens Next

Funds are deposited instantly into your account via ACH. No more chasing customers down for that next payment—which means no more worrying about cash flow.

Why PowerPay?

PowerPay is an independent company that has eliminated contractor fees, done away with credit cards and prepayment penalties, and cut out middlemen. The goal is the lowest monthly payment for your customers. We do this by offering low APR from 6.99%

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.

Watch How PowerPay works for contractors.

Check out this short video that explains how PowerPay helps contractors and remodelers, win more, earn more and keep more! Start selling affordable payments – give your clients what they really want.

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, siding & exteriors, tile, stone & countertops, air conditioning & heating, gutters, driveways, spa & pool, home additions, deck building, tile installation, basement remodeling, custom cabinets, fence installation, lighting installation, garage building, cabinet installation, backsplash installation, electrical and plumbing and appliances.

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.

Why do Dealers & Contractors choose us?

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 contractors fees, credit cards or prepayment penalties.  There are other important benefits for dealers:

  1. Longest Terms:  PowerPay also offers the longest payment options – up to 15 years.
  2. Lowest Rate: rates start as low as 6.99%.
  3. Maximum Loan: we can offer up to $100,000 loans with staged funding for qualified contractors.
  4. Higher Approval Rates: tired of declines?  PowerPay has the highest approval rate in the industry.
  5. Fast and Direct Payments:  we wired funds fast direct to via ACH to your bank account.
  6. New Programs:  we are adding new programs to help you convert more customers, StipPay, APR Enhancement and more!

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 48-hours after the install.  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 complicated & time consuming is set up?

With PowerPay, enrollment is through a simple form that takes 2 minutes.  After that, our team will train and onboard you or your salespeople at no cost at a time that’s convenient for you.  Our process is so simple that training takes less than 30 minutes.  We can have you up and running and writing loans in one day.

Why we don't offer No-No Loans

A “No-No” loan is also known as a deferred-interest credit card loan.  We don’t offer teaser loans for a few reasons.  Studies show that only customers with super prime credit will qualify for these loans. Super prime has moved close to 760 FICO.  This means very few of your customers will qualify.  The customers that do qualify can afford to pay cash for the home improvement.  So, by offering these loans, you are paying an average 10% in bank fees, and either eating the cost of the loan or passing it on to your customer.  This doesn’t make sense for either customer.   The main reason to offer financing is to help the customers that cannot afford to pay cash for home improvements.  Deferred-interest credit card promotions don’t help customers that need it because the payments are much higher and if they are late or miss a payment, they’re hit with heavy penalties and an acceleration of the interest payments.  Rates can be as high as 30%.  We are seeing a trend moving away from teaser loans to long-term, low, affordable payments.

How do I offer the PowerPay Program?

This can be done in a few ways.

First, your clients can apply at
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..

How to I get help?

We are here for you.  When you are in the home, in the office, and need help with closing a loan with a customer we are here for you.

In the home: we offer a phone hotline, text, and email communication.
In the office: you can call, or use our online ticketing system.
Training: we offer multiple training sessions – from orientation to advanced training with Q&A for our clients.  We also offer customized team training.
FAQ’s: we have an expanding list of frequently asked questions
Video Training: we offer video training for every user level from beginner to advanced.