Getting Customer Projects Financed is Simple
Join the ProgramReceive a decision on your acceptance into the program within 7-14 days.
Customer Applies for a LoanWe provide a secure online loan application for your customers to obtain funding.
You Get PaidOnce the project is completed you will receive payment within 24 hours.
Why Offer Customer Financing?
- Increase Sales
- Win Larger Contracts
- Get Paid Faster
Frequently Asked Questions & Answers
Lafayette Federal has been meeting the financing needs of our members and partners since 1935. We offer a wide variety of financing options to meet almost any borrowers’ needs. We are a federally insured credit union and can lend to borrowers located anywhere in the United States. We offer financing programs for multiple home improvement projects to include basements, basement systems, kitchens, bathrooms, windows/siding and sunrooms just to name a few. We currently work with partners that offer home improvement services in MD, DC, VA, WV, PA, DE, NY, NJ, CT, MA, RI, VT, NH and FL. Lafayette Federal helps contractors grow by giving them the ability to offer financing to their customers as well as the easy to use technology they need to streamline the finance process. This means more sales and more growth for your business.
Offering financing gives your customers more options to pay for their dream project. By offering financing, you can custom tailor a loan plan that best meets the needs of your customers. This allows you to make almost any project affordable for your customer allowing you to sign more contracts.
By giving your customers payment plan options, they can focus more on the project they want completed knowing they will be able to afford it and not have to drain their savings accounts. This increases their buying power and increases your odds of making a sale.
Customers are very price and payment focused when it comes to making major purchases. By utilizing Lafayette Federal’s financing program, you are increasing your customer’s buyer power and allowing them to focus on your service rather than your price.