Financing For Roofing Contractor Customers

How Much Are Roofing Contractors Charging Per Square Foot With Financing?

The average cost to put on a new roof for homeowners can range anywhere from $5,695 to $12,267, with $8,974 being the national average. The majority of the cost comes from materials and installation. The size of your home and its location also can have a considerable impact on the overall cost of a roofing project. If you would like to break that down to the square foot. Generally speaking, for labor, roof replacements typically cost somewhere between $1.50 and $3.00 per square foot. The removal of an old roof can cost an additional $1 to $5 per square foot. The rest of the overall cost is determined by the material you choose and the size of your home.

For materials, the most common and one of the cheapest forms of roofing is asphalt shingles. Other materials like metal and slate roofs are much more expensive, however, they often can last much longer than a traditional asphalt roof. 

If you’re a contractor trying to set fair and competitive pricing, price shop your area and connect with other contractors. If customers have better offers, ask to see them. If you can’t beat them, explain why you’re the better choice.

Who Should I Use To Finance Roofs For My Customers?

TGUC Financial is the premier contractor financing partner that every roofing business should use. The TGUC Financial network is extensive and contains many reputable and trusted lending partners who can offer your customers the financing they need to have their roofs replaced. A full roof replacement can be an expensive undertaking for many homeowners, however, when it is time to put on a new roof, it is an expense that cannot be ignored. 

For this reason, roofing contractors who can provide financing options to their customers through TGUC financial can attract more business while ensuring they get fully compensated for their services. 

What Are The Benefits Of Offering Contractor Financing To My Roofing Customers?

Contracting financing through TGUC Financial comes with many benefits. The process for your customers to apply for the loan they need to pay for a roof replacement is quick and easy. Here is a quick breakdown of some of the most common benefits that contractor partners with TGUC Financial enjoy.

1. Customers can find options with affordable monthly payments: When you refer a customer to TGUC Financial, they can get the money they need now to pay you for a new roof and pay it back over time. By working with one of the many lenders in the TGUC Financial network, your customer can find the loan they need with the APR and loan repayment period that works best for creating a monthly payment they can afford. 
2. Contractors are paid in full: The entire loan application and payment collection process are handled exclusively by the lender. Meaning, even if a customer ultimately is unable to pay back the loan, you as the contract will still be fully compensated for your work. 
3. Free leads from TGUC Financial: Another perk of being a contractor partner at TGUC Financial is the fact that TGUC will send you free leads for potential customers looking for a new roof in your area. When a customer comes to prequalify for a home improvement loan to pay for a new roof, TGUC Financial also recommends partner contractors that operate in their area for them to choose from. This can help to increase sales and generate revenue. 
4. Increase average job size and profit: With the flexibility to finance a roofing project, customers may be willing to spend more. Rather than putting off other repairs, they may choose to do them all together with one loan. Financing is the key to increasing revenue while also improving customer satisfaction.

How To Offer Financing To My Roofing Customers?

Offering financing for roofing customers is easier than you may think, especially if you know who to turn to for help. There are plenty of services that will offer financing support for contractors, but be careful when choosing a partner. Afterall, this partnership should help you close more deals. You will want to refer customers to a platform that’s user-friendly with great rates. To offer roofing financing, partner with TGUC Financial. With confidence you can help customers unlock home improvement loans up to $100,000 within minutes. 

To get started simply visit TGUC Financial and start your application today.

How Can I Help My Customers Pay For Their Roofing Repairs?

As a contractor, you can help homeowners get the new roof they need even if they do not have the cash sitting available in their personal accounts. Home improvement loans are an extremely popular way to pay for a roof replacement or repair. Home improvement loans offer homeowners the ability to borrow up to $100,000 with no collateral and the leisure of fixed monthly payments. As a contractor you can refer your customers to TGUC Financial to get the financing they need.

As A Roofing Contractor Am I Responsible For Any Part Of My Customer’s Loan?

No. Once you refer your customer to TGUC Financial, TGUC and the lenders working within the TGUC Financial network will handle everything pertaining to the loan. As a contractor, the only thing you will want to worry about is completing a satisfactory job and receiving payment once the job is finished. 

As A Roofing Contractor When Do I Get Paid If My Customer Has A Loan?

Typically, a contractor can expect their payment in full at the time the roofing project is complete. Once the roof installation is finished, payment can take as little as one business day. 

How Can I Provide A Better Customer Experience For My Roofing Customers?

As a contractor, you can do everything in your power to ease their stress and meet their needs. This often includes offering financing to alleviate the upfront financial burden that a new roof can create. Needing a new roof is a homeowner necessity that can be a difficult expense to swallow. By providing affordable financing options as a TGUC contractor partner, you can help create a good customer experience by allowing a homeowner to pay for a new roof now and pay for it over time through easy and affordable monthly installments. 

Help your customers afford the roofing repairs they need. . . become a TGUC Financial partner today!