When you offer financing, you’ll want to enlist the help of a trusted financial partner. TGUC Financial is just that and more. With TGUC Financial, you can help customers unlock home improvement loans up to $100,000 with APRs starting at just 4.99%. TGUC Financial fully vets all partners, lenders, and contractors, too. Our elite network is trustworthy with reliable partners that far exceed customer expectations. As a TGUC Financial partner, you can refer customers for financing and receive pre-qualified leads, all at no cost to you!

Offering financing will require a little time investment on your end, but trust us, it will be well worth it. Chances are, if you’re a contractor, customer financing is more than appropriate in your line of business.

When it comes to choosing a provider, you’ll have a few options since not everyone will qualify for the same lender. When you partner with TGUC Financial you can help a wide range of credit scores find a home improvement loan that they qualify for. It may sound too easy, but don’t let that alert you. It’s 100% real and easy, as it should be! TGUC Financial can even provide the contractor with funds if needed. 

Once you’ve enrolled as a TGUC Financial partner, you’ll want to advertise that you offer financing. Oftentimes, customers search for a contractor that specifically offers financing. From creating a landing page about financing to encouraging customers to leave reviews that mention financing, you should focus on spreading the word. Some customers may prefer to get pre qualified before getting an estimate so having an online application is a good way to help customers take the next step. However, it’s a good idea for customers to have an accurate estimate of project costs before applying for a loan. 

There are numerous benefits of customer financing for contractors. Here are some of those benefits in more detail.

1. Guaranteed payment for services: Since the financing is handled through a TGUC lending partner and not through your contracting company, as long as you complete the home improvement project to plan, you will be compensated for your services. If, for any reason, the customer is unable to fulfill their financial obligations, it is the lender who takes the hit and not you as the contractor. 
2. Competitive advantage: As a contractor, being able to offer financing along with your services can help you close more deals while giving a better customer experience to anyone doing business with your company. 
3. Increase average project cost: The ability to make monthly payments can encourage homeowners to expand the scope of their project. It removes limitations that a cash budget may place. By offering financing, you can create larger, more lucrative jobs for you and your team.
4. Attract more customers: Financing is an excellent keyword that can attract more customers. Whether customers learn about financing through word-of-mouth or through online searches, you should highlight that you can offer financing options. Furthermore, you should outline the process online. Some customers may be shy about needing financing. By making information accessible, you can encourage them to take the next step and contact you. 
5. Close more deals: “We just can’t afford it right now.” The number one objection that contractors hear. By offering financing, you can overcome that objection and help your customers make the home improvements they need.