If you’re sitting on the fence when it comes to contractor financing, now’s the time to make a decision. You’ve got a successful contracting business, and you’ve done well for yourself. It’s time to level up. Consider these 3 reasons every contractor should offer financing.
When it comes to reasons you should offer financing for your customers, bringing in new clients is probably at the top of the list. Financing reaches a particular demographic of clients, and it’s likely several of your leads already fall into that category without your knowledge. This demographic is the client who doesn’t have the financing to pay for their projects out of pocket. By providing financing for your clients, you can reach more clients who may not have other financing options. They have a need and you meet it. You get the client base your construction company needs, and your clients don’t have to go elsewhere for funding.
Speaking of going elsewhere, if you don’t offer contractor financing for your customers, they need to seek other financial options. Most of the time, they turn to banks or credit companies to acquire financing, but that can cause a few problems. These other entities often take a long time to approve financing. This is the first instance of time lost for you, your project, and your client. When financing is finally approved, they often only release the funding in stages. We all know what that means: even more time lost.
This leads us to why you should offer contractor financing with HFS Financial. When your clients use us to find the loan options they need, they save time. Not only do we offer a 60- second loan application process, but also the loan options we connect your clients with fund 100% upfront. Can you see why partnering with HFS Financial is great for you and great for your client? The time saved is enormous. And we all know on a construction project time is money.
Finally, you should offer contractor financing because it can help you keep your clients happy. Finding financial options for your next home improvement project can be stressful. There are so many things to consider when looking for funding like interest rates, loan sizes, and the application process. If you offer contractor financing to your customers, they don’t have to worry about any of it. You’re the place to go for everything they need.
Do we have a bonus reason you should offer contractor financing through HFS Financial? Absolutely! We handle pretty much everything. There’s no real added burden for you as the contractor. You simply set up our information on your website, so your clients can reach us. Done. Your clients are happy and so are you. It’s a win-win.
So, hop down off that fence and give HFS Financial the call today to start a partnership you will not regret. You’ll be happier, your clients will be happier, and you’ll be able to get those projects started and finished faster than you even thought possible. With HFS Financial, “You Dream It, We Finance It.”