As the contractor, it might not always be clear what to tell your clients about getting a home improvement loan. But you’re actually in the perfect position to help them understand the benefits of finding a loan option through HFS Financial. Funding through HFS is actually a lot easier and comes with its own benefits when compared to a traditional loan through a local bank. So, with a little know-how, you’ll be able to help your clients see why working with HFS Financial benefits both them and you.
HFS vs. Bank Loans
When it comes to financing through HFS Financial, your clients need to know that there is a difference and there are benefits to our loan options that you won’t see with a more traditional bank loan. First of all, loans through HFS are known as personal loans versus secured bank loans.
When you tell your clients about getting a home improvement loan, it’ll be helpful to distinguish between a secured loan through their local bank and a personal loan through HFS Financial. There’s nothing inherently wrong with either type of loan, but the process of getting the loan can make a difference for your clients when it comes to their goals and their timeline for their home improvement project. Many bank loans have a staged funding process that releases money upon approvals and inspections. This can delay the construction timeline significantly. You’ll never find these types of delays with HFS Financial. Your clients can receive funding that is easy and efficient.
What Makes HFS Different?
HFS Financial is often a better choice for a lot of your clients who’ll be seeking contractor financing for their projects. When you tell your clients about getting a home improvement loan, you’ll want to mention that the HFS process is fast — really fast in comparison to a loan from their personal bank.
Secured loans from your clients’ personal bank generally require a significant amount of paperwork, inspections, and red tape to work their way through. Home improvement financing through HFS requires no equity, no appraisal, and no money down. And the funding is straight to the consumer.
Home renovations can take a long time anyway, so why would your clients want to be inconvenienced any longer than necessary? HFS’s financing is fast, and your clients can actually get the process started in as little as one minute with our 60-second inquiry form.
What to Tell Your Clients About Getting a Home Improvement Loan
When you do get to finally sit down with your clients to discuss logistics and paperwork, you need to talk about financing options. It doesn’t have to be a complex or complicated conversation. In fact, we have some pretty simple resources for all of our contractor partners that can help you inform your clients about their contractor financing options that you can easily download from our contractor resource center.
You really just need to focus on telling your clients that they have the option to use contractor financing through HFS Financial. Then take a little time to mention why contractor financing is a great option by highlighting a couple of the benefits. And that’s really all you need to do.
You can answer questions they may have, but you can also direct them to your website where you have the HFS Financial widget. That will connect them directly to our team, and we’ll help answer any other questions they may have. Simply making time and space in your client interactions to discuss getting a home improvement loan will help you bring in more clients and provide them with contractor financing.
When you have a partnership with HFS Financial, we’ll handle all of the specific details that your clients need to know. You focus on what you do best, which is building, and we’ll focus on all things financial. With HFS Financial, “You Dream It, We Finance It.”