How do I apply for financing? Is there any paperwork involved?
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. The application process on the Credit for Comfort application is 100% paperless. However, outside of the consumer application flow, you should collect a standard signature proving that the customer agrees to pay for your services. The format of this signature will be suggested by the different finance partners.
What is Prime Financing?
Prime financing is a loan category given to borrowers who have good to excellent credit scores. Generally, prime loans are the most competitive loans with the lowest interest rates.
What is Second Look financing?
Second Look financing refers to a loan that is offered to consumers who do not qualify for Prime loans but are just below the credit score threshold required by Prime lending.
What is PACE Financing?
Property Assessed Clean Energy (PACE) enables low cost, long-term financing for a variety of energy efficiency, renewable energy, water conservation, storm protection and seismic improvements. PACE financing is repaid as a special assessment/tax on the property’s regular property tax bill and can be used for improvements on commercial and residential properties. The special tax/assessment is secured by a continuing lien on the property.
What types of products and services qualify for financing?
All products, installations, warranties, visit fees and other services.
How much does each transaction cost me per lender?
With Greensky and Fortiva, there is a “merchant fee” or “dealer discount” associated with each rate. This number is a percentage of the amount being financed, so the amount itself varies with each transaction. Ygrene has no fees.