Renovating a home can be a great idea for a lot of reasons. Not only does it increase the quality of life for your customers, but you’ll increase the home’s resale value and your customers net worth. The only downside is that home renovations can be very expensive. This may cause you to lose contracts and customers. Many of your customers may not be able to cover these expenses in cash or with a credit card. The good news is that home improvement companies can benefit from offering financing to customers.
By offering an easy home improvement financing solution, you can set your business apart in the industry and help those who might rely on available cash and credit cards to cover daily living expenses. In some cases, we call this buy now pay later or flexible payment option solutions.
You can check more on how it help BNPL to the furniture industry, see this blog info from Woodexpert business blog:
With buy now pay later or same as cash your customers may be able to pay over 4 monthly instalments with 0%. In other cases, they may be able to get an instalment loan that is repaid over 12 to 36 months. Now, your home improvement customers can afford your services. What home improvement type companies are benefiting from this solution:
Walter filtration companies
Generators and air conditioning
Cleaning systems
Home sliding businesses
House painting
HVAC companies
Landscaping
Roofing
Flooring and tiles
Window
Plumbing
Pool companies
Driveway and paving
Deck companies
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