Maximize Your Off-Season by Switching Consumer Financing Vendors

The off-season is the perfect time for your business to evaluate your vendor partners and business processes to see where you have room for improvement.

Your contracting business should look into how well your current consumer financing company works for you. Are they helping or hindering my ability to close deals? Do they specifically offer consumer financing for contractors? Does my current vendor offer affordable monthly payments for home improvement financing?

Why Change Vendors During Off-Season

The off-season is the perfect time of year if you’ve decided your business is ready for a change. The busy season for contractors typically falls in the summer months, so the fall is the perfect time to make a change. Here are a few reasons why:

1. Minimize Disruptions During Busy Season: You and your team already have a ton going on during the busy season – countless emergency calls and long days. You don’t want to add training and switching financing vendors to the mix. Switching consumer financing vendors during the slow season allows your contracting business to transition smoothly without impacting customer service. You can train your staff, integrate new systems, and troubleshoot potential issues, ensuring you’re fully prepared when the next busy season arrives.
2. Enhance your Customer Experience: BuyFin offers competitive financing options tailored to your customers’ needs. By making the switch now, you’ll be ready to offer these improved financing solutions during the busy season, enhancing your ability to close more sales and increase customer satisfaction.
3. Maximize Off-Season Efficiency: The slow season is the perfect time to evaluate and optimize your processes. Switching to BuyFin allows you to analyze your current consumer finance vendor’s performance and implement changes that will give you a competitive edge when demand spikes, ensuring you’re not caught off guard when business picks up.
4. Plan Marketing Campaigns for the Busy Season: Switching vendors during the slow season will familiarize you with the benefits the new vendor can offer your customers. You will have time to create marketing campaigns around the benefits of the new vendor and can highlight those to your customers.

Why Switch to BuyFin Consumer Financing?

Now that you have decided to switch consumer financing companies, BuyFin is the right choice for your contracting business. BuyFin offers:

• Staged Funding: If you are in an industry with a long lead time from the beginning to the end of a job, staged funding is for you. Staged funding lets you withdraw from your customer’s loan at the beginning, middle, and end of a project. BuyFin has no cap on the amount of withdrawals you can make, helping your business better manage its cash flow.
• Same-Day ACH Payments: Get paid faster with our same-day ACH payments. As long as you request funds by 2:30 PM Eastern, you will receive the money the same day, helping to improve your cash flow.
• Customizable Rate Sheets: With more than 30 loan options, you can tailor your loan offerings to best meet your and your customers’ needs.

Ready to learn how BuyFin can help you close more deals and increase your average ticket size? Contact us today.