Sponsored Content
In the home improvement industry, customers often dream of upgrading their homes but hesitate due to budget constraints. Whether it’s a kitchen remodel, new flooring, HVAC installation or exterior renovations, large upfront costs can be a barrier to closing sales. That’s where purchase financing comes in. By offering flexible repayment options, home improvement businesses can attract more customers, increase sales and grow their revenue – without the risk of delayed payments.
The power of purchase financing in home improvement
Home improvements are often necessary but can also be expensive. Many homeowners put off projects because they lack the funds to pay upfront. Offering financing removes this obstacle, making it easier for customers to move forward with their projects.
Here’s how purchase financing benefits home improvement businesses:
• Close more sales: When customers have the option to break up their payments, they’re more likely to commit to a project rather than delay or downsize it.
• Increase average project value: With financing available, customers are more inclined to choose higher-quality materials, additional upgrades or larger renovations that they might not have considered otherwise.
• Expand your customer base: Many homeowners may not have the cash on hand for immediate upgrades, but with financing, they can invest in their homes without financial strain.
• Improve cash flow and reduce risk: Instead of waiting for payments in installments, businesses receive full payment upfront from the financing provider, eliminating the risk of unpaid invoices.
• Enhance customer satisfaction and trust: Providing a stress-free payment solution makes home improvement projects more accessible and builds long-term relationships with homeowners.
Why humm is the right financing partner for home improvement businesses
Choosing the right financing provider is crucial to ensuring a smooth experience for both businesses and customers. That’s where humm stands out. Humm helps home improvement businesses close more deals by offering an easy, transparent and flexible financing option to their customers.
Key benefits of partnering with humm
1. Simple, fast approval process: Homeowners can apply for financing within minutes and receive a quick application decision. This means fewer lost sales due to financial concerns and a smoother buying
experience.
2. Flexible payment plans: Humm offers a range of repayment options, allowing customers to choose a repayment plan that fits their budget – whether it’s short-term or extended over several years.
3. No hidden fees or interest surprises: Transparency is key in home improvement financing. With humm, customers know exactly what they’re paying, helping businesses maintain trust and credibility.
4. Higher conversion rates and increased revenue: Offering humm financing gives businesses a competitive edge, leading to more closed deals and bigger project values.
5. Comprehensive marketing support: Humm provides ready-to-use marketing materials, making it easy for businesses to promote their financing options online, in-store and in sales presentations.
Don’t let budget concerns hold your customers back. Offer humm financing and help more homeowners bring their vision to life. Visit shophumm.com.