Home renovation financing for faster, larger deals.
We provide adaptable consumer financing solutions for both major and minor home renovations, enabling you to secure more contracts and receive quicker payments. Start for free.
Secure lasting loan approvals for hassle-free planning.
“We offer six-month loan approvals, allowing you to schedule projects in advance, and your customer’s loan approval remains valid as long as the job is completed within six months.”
Six-Month Approvals
"We offer on-site long-lasting credit decisions, ensuring fast customer approvals on your mobile device."
Get Paid Faster
Receive the full purchase amount in your bank account as soon as the job is done and your customer signs off.
Adaptable financing solutions for renovations of all sizes.
Our special promotions make it easier for customers to finance the improvements they desire, ultimately enhancing their average purchase size. We provide financing options for home renovations, with the capability to fund projects of up to $60,000.
Interest Rate Buydowns
"Reduced interest rates tailored to your customer's budget."
No Interest
0% interest for 12, 24, 36, 48 or 60 months.
Interest Rate Buydowns.
Deferred Payments.
Commonly asked questions about home renovation financing that you should be aware of :
Financeit offers financing for a wide range of home improvement projects, which include, but are not limited to, eaves and gutters, insulation, kitchen and bathroom renovations, basement remodeling, plumbing, hearth, stove, and fireplace installations, garages, electrical work, solar projects, decks and fences, painting, landscaping, and flooring. If your specific home renovation trade is not listed among these options, please don’t hesitate to contact us for further assistance.
Although every service provider and customer is different, the most successful way to add financing from Financeit onto your estimates would be to lead with a monthly payment amount. When providing a quote to your customer get their attention early on by showing how financing can fit into their budget with a low monthly cost.
Usually, in order to secure approval for home renovation financing, customers are typically required to furnish the following information:
1. First and last name
2. Date of birth
3. Address
4. Gross income
5. Employment details
For home improvement loans, Financeit will provide a maximum financing amount of up to $100,000 for projects and purchases.
Offering your customers the option to finance their home renovations can:
– Help increase sales by showing customers that financing can help them get the home renovation upgrades unit they want without breaking their budget, by breaking down that purchase into low monthly, bi-weekly, or weekly payments.
– Standing out from the competition and making you more popular with customers for giving them a variety of payment options.
– Take away the cost and stress of doing credit checks, processing applications, managing accounts and collecting payments that come with doing your own in-house financing.
In the home improvement industry most people are accustomed to recieving some sort of discount or incentive. Because of this most merchants rely on “tax-included” discounts, which can cost up to 13% (in Ontario, may vary in other provinces). Financeit provides a wider range of promotional programs, most of which cost less than 13%, saving you money.