A home equity loan is a form of credit where your home is used as collateral to borrow money. Powerpay is a digital lending platform that offers home improvement financing for contractors their customers and everyday consumers.
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The loans we make available are homeowner friendly with a simple approval process and no pre payment penalties.
Financing for home improvement contractors. Financing home improvement projects will increase your sales improve client retention and let your customers have more buying power. In addition to a signed completion certificate we pay the contractor when you are fully satisfied. We partner with solar companies and home improvement contractors to secure financing for solar systems and home improvement projects.
No payments for up to 17 months if you need some time to generate funds to pay for your home improvement projects we offer a no payment plan for up to 17 months. Contractor financing can allow your business to close more deals and keep all the money while improving customer satisfaction. At lendkey we believe in a better way to pay for your home improvements with lower cost loans provided by community lenders.
City law prohibits any home improvement contractor from acting as an agent for a lender or advertising promoting or arranging a home improvement loan. Types of home equity loans. As a result your business can be more profitable while being a more valuable option for customers.
If your contractor has illegally offered to arrange a loan while negotiating a home improvement job call 3 1 1. Your customers are looking for financing. John whigham home improvements having a home repair problem.
There are two types of home. Conducts energy assessments for empower assisted home performance and green jobs green new york programs through nyserda. Home contractors financing corp.
Partner with us or join our experienced team to enjoy the sunlight experience. These lenders including credit unions and community banks support local contractors and homeowners while keeping investment dollars local. Provides affordable loans and loan grant products to help unbankable homeowners with home repairs including lead paint remediation and energy loans.
You can use it to pay for major expenses including education medical bills and home repairs. Call john whigham inc. It provides your customers an affordable financing option to pay over time and is 100 free for you.
We will come to your home and give you a free estimate and offer advice on your. Working with community lenders keeps resources in your community. Home improvement loan program description.
Is a family owned and operated company. Increase your contracting business by providing your customers financing. But if you cannot pay back the loan the lender could foreclose on your home.
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