Customer Financing Solutions for Every Industry

In most cases, the initial application process only requires a soft credit pull which usually does not have any impact on the customer’s credit history or score. However, if the customer moves forward with pursuing a financing program, multiple lenders may initiate hard credit inquiries as part of the approval process.

Our wide-ranging and diverse network of third party providers is ready to help your customers with credit scores as low as 550 FICO. We also have NO CREDIT CHECK OPTIONS for those with challenged credit profiles. A number of factors are taken into consideration as lenders may provide flexible financing options based on the type of loan, the amount needed, and the industry in which the business is operating, providing access to payment plans to their customer base.

Consumer financing options are available for a wide variety of products and services in multiple industries such as HVAC installers, roofing contractors, healthcare providers, coaching programs, and other equipment purchases and elective services. Financing is designed to help make big ticket purchases more affordable with installment plans instead of having customers pay upfront, which can help increase average order value.

Interest rates and financing terms will vary based on the financing provider, the customer’s credit history, the structure of the loan, the amount needed for financing, and other factors. Rates can start as low as 2.99% for applicants who qualify and some lenders may allow you to provide access to flexible payment options with deferred interest or promotional 0% options and Same-As-Cash financing.

Customers can get approved in a matter of minutes by any number of financing partners through our automated system. The goal is to help businesses like yours succeed and grow by closing sales fast through customer financing solutions that make purchases more affordable.

With Direct-to-Merchant, Direct-to-Contractor lenders businesses offering customer financing don’t wait to get paid as they receive payment immediately upon due. Once the customer is approved for the financing he or she needs, the funds are available and transferred to your business bank account when the transaction is complete. The lender is then responsible for collecting payments while your business generates income and maintains healthy cash flow.

Many businesses prefer to choose third party financing companies over in house customer financing because they receive payments in full upfront. In house customer financing works very differently than third party options, because businesses who offer in house financing are tasked with doing all of the work related to the loan or payment plan, from conducting credit checks to collecting monthly payments, dealing with defaults, and funding the loan.

With third party financing through Fund My Contract, businesses get a huge increase in cashflow on day one which fuels further investment in growth and scale.

Offering financing through Fund My Contract means you have more sales channels without having to guess or hope you’re going to convert on a transaction.

Our waterfall technology saves you time and gives your customer access to multiple lending partners through one single app. A soft credit pull goes directly to all of the lenders who are ready to approve your customer for affordable payment solutions instead of applying with multiple apps with multiple lenders.

Add to that, a variety of additional benefits and features to give you a competitive edge in the marketplace and overcome common customer payment barriers, including lead scoring, loan servicing, credit card processing, and buy now pay later programs. We’re there every step of the way with personal business consultations, sales and software training, and first class lifetime support.

Home improvement contractors, medical providers, professional service businesses, content creators and agencies, and E commerce businesses can all increase their revenues as much as $25,000 to $100,000 by working with Fund My Contract to offer payment plans with multiple options to customers at transparent pricing without the hidden fees or phantom costs.

As a business owner, waiting for a customer to convert on a transaction can have a detrimental impact on the future of your business. You don’t have time to wait to succeed nor should you have to endure that type of risk tolerance. Working with Fund My Contract increases approval rates, conversion rates, and gets you paid fast with customer satisfaction ratings that can attract new potential customers and keep your current happy customers coming back for more of the goods and services you offer.