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Homeowner Financing
Homeowner Financing
Can the client do something different with the funds and not proceed with the home improvement process?
Can the client do something different with the funds and not proceed with the home improvement process?
Updated over a week ago

Yes. The client can spend the funds any way they want to as if they received a loan from a bank or a family member. The loan itself is between the client and the lender, and is unrelated to your company's existing estimates, invoices and terms of service - you should be receiving estimate approvals and invoice payments as you normally do, as if the client had the cash up front.

The product has been built this way to keep things as simple and cost effective as possible for contractors.

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