Offer homeowner financing to sell more jobs
Have customers who want to pay for their roofs over time? No problem! We’ve got you covered with financing. Stand out from the competition by offering customer-friendly financing options to homeowners, powered by Wisetack.
What is homeowner financing and how can I use it to sell more?
Homeowner financing allows your customers to pay for your services over time while you still get paid as soon as the job is done. When you’re estimating the total cost of a job, leading with the “as low as” monthly payment can prevent homeowners from experiencing sticker shock and deferring necessary work on their home. By presenting a $5,000 estimate as $159/mo, for example, your chances of landing the job.
Why is it important to offer financing?
1. The majority of customers need it
56% of homeowners can’t cover a $1000 expense out of savings alone. This means that most homeowners need financing for roofing repairs and replacement—or at least want the option.
2. It will help you get bigger jobs
Jobs financed through Wisetack are 4.5x larger! (Impact of Financing’ study, Wisetack, 2022)
3. Experience higher revenue and ratings
Studies show that companies who offer financing have higher revenue and ratings.
Flexible Payment Plans
Homeowners can pay their way
Offer a variety of payment options to your customers. This means they can spread their payments over time, making it easier for them to afford your roofing services. By providing this kind of flexibility, you will attract more customers and increase sales as budget constraints are no longer a barrier.
Fast Approval Decisions
Get quick approvals
Say goodbye to long waiting periods and tedious paperwork.
With Wisetack, your customers will get a decision on their application within seconds, allowing you to close deals faster and keep your project pipeline moving.
Risk Mitigation
Fear not, we've got your back
Don’t sweat over customers paying you back, as you might if you managed financing in-house!
When you offer Wisetack, your business doesn’t take on the risk if a customer is late or fails to pay. This removes the financial stumbling blocks that lack of funds or late funds could have on your business.
Cash flow optimization
Keep your business running smoothly
Get paid upfront for the services provided, minus a small transaction fee, within 1 to 3 business days!
This accelerated cash flow can help you manage your business expenses, invest in growth opportunities, and improve your financial stability.
Your sales team's new favorite tool
Your sales reps will sell more jobs at higher margins by offering financing to homeowners.
The numbers don’t lie—there’s a really good chance customer financing will be game-changing for your business.
All financing is subject to credit approval. Your terms may vary. Payment options through Wisetack are provided by our lending partners. For example, a $1,200 purchase could cost $104.89 a month for 12 months, based on an 8.9% APR, or $400 a month for 3 months, based on a 0% APR. Offers range from 0-35.9% APR based on creditworthiness. No other financing charges or participation fees. See additional terms at Wisetack FAQs.