What are the minimum requirements to be eligible for financing?
Service Finance, our newest financing partner, requires only 1-year in business. Fortiva and Greensky require 2 years in business.
Additionally:
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- Service Finance requires you're licensed in the state or jurisdiction you do business in and have good trade credit references.
- Fortiva requires a minimum of $1 million in annual sales.
- Green Sky requires you to be able to accept credit card payments.
- Ygrene (available only Florida & California): Must have all required contractor and business licenses for the jurisdictions in which you operate, meet all program insurance requirements including workers compensation and general liability insurance, have a satisfactory Better Business Bureau (BBB) rating or otherwise demonstrate an overall reputation for a high level of service and workmanship, have satisfactory company and, if required, personal credit histories for company principals.
Is Credit for Comfort a financing company?
No. Credit for Comfort isn’t a bank or a lender, it’s an application that brings multiple financing partners under one platform.
Does using Credit for Comfort cost me money?
No. Using the Credit for Comfort app is free. However, each financing partner may have contractor fees based on the chosen financing plans. Keep in mind that, in the case of GreenSky, payment is processed like a credit card so your standard processing fees apply.
What are your rates?
Rates vary based on your chosen financing plans. We offer a wide range of rates to fit your business model. Fortiva’s rates vary depending on a customer’s credit score. Final rate sheets will be provided at the end of a demo call. You can schedule one here.
How do I apply for financing?
In order to apply, you must schedule a demo call with one of our Credit For Comfort representatives. Once the call is completed, you will be sent a form, which has all the necessary fields to get your application started with each one of our financing partners.
