Benefits of the Contractor Financing Program
Increase sales, win larger contracts and get paid faster — that’s how your business can benefit from the Lafayette Federal Contractor Financing Program. Our choice of lending products opens the door of opportunity for both you and your customers.
Your Customer will Benefit with:
- No waiting. Instead of waiting to save up cash, your customer receives the funding needed to complete the project now.
- Full project completion. Your customers typically have more than one area to tackle in their home renovation, but costs can stand in the way. With Lafayette Federal financing, your customers can cost-effectively complete their full-scale project and start enjoying their dream home now.
- Great financing options. Each financial situation is different. With the many options available from Lafayette Federal, your customers can choose the lending product and payment plan that best suit their needs.
- Build trust with your customers. By offering Lafayette Federal financing options, your customers will get access to credit union membership. This will allow them to contact or visit a local branch office to make loan payments or discuss their loan once their project is complete. We are a local, trusted resource; a service we are able to provide unlike many other online merchant finance companies.
About Lafayette Federal
Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. metro area. Since our founding in 1935, we have sought to provide our members with a safe and convenient place to save, and to offer loans at rates and terms more favorable than those of other financial institutions. We also work exceptionally hard to provide top-notch member service.
Throughout the years, the kinds of financial services that we offer have changed to keep pace with the changing financial needs of our growing and diverse membership. If you’re interested in a financial service that we don’t currently offer, please let us know. Listening to member needs, and responding accordingly, has made us the trusted financial institution that we are today.
Our mission is to promote thrift among members by affording them the opportunity to accumulate their savings and to create for them a source of credit for provident and productive purposes. We will continue to strive to deliver cost effective financial services to the membership, consistent with the primary mission statement above. We will promote the goal of improving members’ financial well-being by educating them to the concepts of self-help cooperative principles.