- One Simple App
- Completely paperless
- Instant approvals and fast funding
- Approvals up to $100,000*
- APR starting 2.99% *
- Up to 15 year terms*
- Approvals to LOW FICO SCORES (550 FICO)*
- Low Merchant Fee Regardless of Credit History
When you can offer customers the opportunity to finance home improvements, you are putting your contracting business in a better position to succeed in a highly competitive marketplace.
Home improvement financing solutions through Fund My Contract can help you close more jobs, expand your customer base, improve cash flow, and generate more revenue to grow your business faster!
Your customers want to save money any way they can but they also want to be sure they’re getting high-quality work from a reputable service provider. Most homeowners have big ideas but without the cash on hand to realize those dreams and that can put your business in a bind as you wait to get hired.
But if you can provide financing solutions that make your products and services more affordable to the customers who need them most, you’re not only securing the long-term future of your business, but you’re increasing customer satisfaction which can turn new and potential customers into loyal, repeat customers who will recommend your services to others.
*varies by vertical market
Stay ahead of your competition with the most powerful tiny house financing program in the industry
Launched in 2012, Fund My Contract offers more than access to the best lenders and technology platforms; we are a community of merchants and lenders focused on creating shared value. We have over 30 years experience with Point-of-Sale Consumer Financing and will provide free coaching and consultation so you can grow sales quickly and easily.
Provide financing solutions that make your products and services more affordable to the customers who need them most. You’re not only securing the long-term future of your business, but you’re increasing customer satisfaction which can turn new and potential customers into loyal, repeat customers who will recommend your services to others.
Fund My Contract is the fast, easy way to
finance your customers
Home improvement financing through Fund My Contract gives your business the advantage to succeed and thrive as your customers can choose from financing options that cater to their specific needs. You know your customers, so you are best-equipped to understand how to reduce the barriers to conversion when it comes to cost.
Working with a finance company like Fund My Contract puts you in the driver’s seat when it comes to developing the most advantageous financing programs that will make it easier for your customers to proceed with the home upgrades they need performed.
Our network of third-party lenders work alongside you to build out a variety of financing programs that meet your customers expectations. Each financing program strives to create a more beneficial alternative to paying for the work in one lump sum.
The financing options you offer to your customers should make the costs affordable and easy to manage. Most homeowners who want to mount a home improvement project don’t have the cash available to cover the costs upfront, so they are forced to delay the work until a later date that may or may not ever come. The customer waits until he or she has the funds available to pay for the work, which means that your business is waiting to grow.
Why wait? Give your customers and your business what they need now. Financing plans that allow your customers to hire your services and pay for the work over a series of low monthly payments. This way, the cost of the project is more easily affordable to fit in with any customer’s monthly budget.
Your customers want choices. They also want to know they’re getting the best deal on the home improvement work they want, including the lowest rates. But when your customers have limited options to cover the costs of the home renovation project they have in mind, they are often forced to pay interest and cover high rates and fees that come from working with traditional financial institutions such as banks and credit unions that offer unsecured personal loans, a home equity line of credit, credit cards with high interest rates. When those options aren’t available, the last resort is dipping into their savings accounts.
You have earned the trust of your customers because you present the most effective and cost-efficient solutions to their home improvement repair and replacement challenges. When you provide financing plans through Fund My Contract, you continue to earn that trust as you are giving your clientele access to financing options that come with competitive rates that are often lower than the APR on a credit card purchase and the litany of fees that come with home equity loans or personal loans from a bank or credit union.
Our network of third-party online lenders offer financing plans that feature a low interest rate available to qualified borrowers with good to excellent credit. You can choose to provide financing programs that come with promotional, fixed interest rates that are only available for a limited time.
These offers tend to prompt the customer to act faster in making a beneficial decision to participate in the program, enabling them to hire your services and put more revenue into your business.
Another benefit that customers enjoy with financing programs through our third-party lender network is the flexibility with reimbursement. You work with your chosen lender to build the financing solutions that fit your customers and, sometimes, customers need more time to reimburse the financing they’ve received to hire your services.
Incorporating a financing option that offers flexible loan terms is another way to put your customers at ease when they are looking to hire contractors. Sure, your rates are extremely fair, the quality of your work is second to none, and the financing programs you provide help make the work more affordable. But low monthly payments and favorable consumer interest rates aren’t always enough to seal the deal.
Flexibility is an important component for getting the best deal on a home improvement job because it gives the customer peace of mind. They also tend to spend more knowing they have more time to pay for the work, regardless of project type or loan amount needed to borrow.
Contractors who want to offer financing will often turn to a third-party provider like Fund My Contract instead of servicing the financing programs themselves as the primary lender because financing options are supposed to alleviate many of the concerns that contractors typically face when they want to build and grow their businesses.
If you are offering the financing yourself, you’re on the hook for the loan proceeds that you extend to the customer and that means you’re the one collecting payments for reimbursement. Many contractors are already burdened with chasing down late payments and unpaid invoices from customers who don’t pay on time.
Why assume this burden upfront when you don’t have to? You can partner with a service finance company like Fund My Contract and our third-party lender network who will service the financing agreements from application to funding of the home improvement loan amount.
All you have to do is continue growing your business by providing exceptional service and satisfying your customers. When a customer applies for one of your financing programs, the lender through which the program is offered handles the application process and finances the applicant upon approval.
When your business performs the work and completes the job, you’re paid upfront, in full. You get the money quickly while the customer makes fixed monthly installments directly to the lender.
Your involvement in the financing agreement comes to an end once the work is finished and you’ve been paid.
That all depends on you. Our network of lenders work with you to develop the financing programs that work best for your customers and their funding needs. These programs are designed to make your services more affordable and give your customers greater spending power. Some programs may offer lower monthly installments for payments that are easy to fit into your customer’s monthly budget. You can also provide financing with flexible terms and others may come with promotional interest rates for those who qualify.
Credit approval takes only seconds. The customer fills out a simple application form with some basic personal information as well as the unsecured loan amount and loan purpose. Credit score and credit history are only part of the approval process, taking into account a wide range of additional factors such as employment history and debt to income ratio that can have a customer approved for same day funding, be it for smaller projects, larger projects, you name it.
No, the initial application only requires a soft credit check which will not impact the customer’s credit score. Once a financing program is selected by the customer, the lender will perform a hard inquiry and this may impact the customer’s credit.
Fund My Contract has a network of multiple online lenders, some of which specialize in working with customers with complicated credit histories. A FICO score of 550 may get a customer the financing he or she needs but higher scores will provide access to a wider range of financing programs with better terms and rates. The goal is to help grow your business and Fund My Contract wants to give all of your customers the opportunity to hire your services, even with less than perfect credit.
Once the customer is approved for the amount he or she has requested, the funds can be made available in a matter of days. Once the bill comes due for the services you’ve provided, your business receives payment on demand. There is no waiting period, you get the money fast and that helps your business grow faster.
Any home improvement project that your business can be hired to perform is eligible for financing. If it is a service you provide, the customer can finance it through our network of lenders. Roofing, HVAC, kitchen and bathroom remodels, you name it.
No. Fund My Contract puts you in touch with a wide range of online lenders who will work with you to develop the programs you want to offer and manage underwriting, compliance, and servicing. You are only offering a financing option to the customer, you are not acting as a lender.
It’s easy. Just fill out the enrollment form to get access to our network of lenders who want to help your business succeed. Once you are approved for membership, you will speak to one of our representatives who will connect you with lenders that are the right fit to help you meet your customers’ financing needs.
See how a home service finance company like Fund My Contract can help your business meet its sales projections, increase cash flow, and expand on your timetable, no one else’s. Give us a call today and speak with one of our financing experts to discover all of the ways we can help you succeed.
Fund My Contract is the fast, easy way to
finance your customers