finance

Dividend Finance Announces New Lending Platform & Broader Suite of Loan Products

Dividend Finance Inc. (“Dividend”), a leading FinTech point-of-sale lender to solar and home improvement contractors, is announcing the launch of a new technology platform. In addition to a new solar + home improvement partner portal, Dividend is offering its solar contractors an array of new products and enhancements including:

  • Dividend Lite – a new single-page URL application which makes qualifying and signing up a customer faster and easier;

  • New solar loan terms including a 25-year 2.99% APR, 20-year 1.49% APR, 15-year 1.49% APR, and 10-year 0.99% APR*;

  • More flexible credit criteria and funding requirements; and

  • Same-day approvals and project funding

Dividend’s New Partner Portal
With solar and home improvement in one portal, Dividend is making it easier than ever for contractors to provide a fast and informative sales experience to their customers. Dividend’s new portal offers a faster credit application process, the ability for users to update and resend documents, automated change orders, and customizable pipeline functionality to better enable users to manage projects from start to finish.

“We’ve been listening to our contractor network and wanted to deliver a comprehensive overhaul in Q4 2020 with a diverse suite of loan product options, a more flexible point-of-sale experience, enhanced credit approvals, and a streamlined funding process. The residential solar industry has continued to thrive despite facing some major hurdles in 2020. We are proud to see so many of our installer partners working to find creative solutions in this challenging and rapidly-changing environment, and we will continue our efforts to deliver tools that help salespeople close more deals and business leaders run more efficient operations,” said Skyler Hopkins, Dividend’s SVP of Solar Sales.

Dividend Lite – The Single Page App
In addition to the new partner portal, Dividend has launched a single page application to provide maximum speed and flexibility

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7 Best Ways to Finance Home Improvement Projects | Pennyhoarder

Home improvement projects have a way of increasing in priority when you’re always in the house.

The leaky kitchen faucet never really bothered you until you had to turn your kitchen table into a desk, forcing you to listen to the dribble. All. Day. Long.

Or maybe you discovered your cozy home isn’t quite big enough to also house an office, gym and school, so you need to rethink your space.

Whatever the reason and whatever the size of the project, you need to make a change — but how are you going to pay for it?

Considering the eye-popping price tag — the average cost for just a garage door replacement is $3,695 and a minor kitchen remodel surpasses $23,000 — you might not know where to start for financing your home improvement projects.

But whether the price tag is a few hundred dollars or into the triple digits, we’re here to help you decide the best way to finance your project — without winding up in debt long after the last coat of paint has dried.

7 Ways to Finance Home Improvements

Listening to financial experts talk about how to pay for your home improvement is a good idea, but what do they know about the real-life leaking roof you’re living with?

Well, Jill Emanuel is the lead financial coach at Fiscal Fitness Phoenix. She works with plenty of clients as they choose financing for their home renovations.

But she’s also a homeowner who needed to replace her entire air-conditioning system and ductwork this past spring — and in Arizona, air conditioning is not optional.

She spoke with us about how to decide which options are best for a home renovation — as well as her personal experience financing her own project.

Wait, Should You Even Be Doing

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H2O Waterproofing Birmingham Partners with Acorn Finance To Offer Easy Access To Home Remedial Schemes

“At H2O Waterproofing, we pride ourselves with providing our customers with the best customer experience, one waterproofing job at a time. – H2O Waterproofing”

In a bid to provide more pocket-friendly waterproofing services to its customers, H2O waterproofing LLC has partnered up with leading financial service agency, Acorn Finance. With an increasing demand for waterproofing around homes and offices, the team at the agency has identified this partnership as a way to bolster their offers and attract customers who are interested in home improvement.

Most homeowners report that water intrusion is their worst fear. This is understandable considering that moisture causes ugly stains and damage to walls, and in severe circumstances, structural foundations can be threatened. A representative at H2O Waterproofing disclosed that unwanted water intrusion is mostly caused by unfortified and weak structures or roofs. With the right quality of waterproofing, sealants, and remediation measures in place, the damage can be controlled to a great extent or even made to disappear permanently.

H2O waterproofing has long been serving the community of Birmingham and surrounding areas, offering a variety of home improvement and remediation services. H2O Waterproofing is currently the only company in Alabama that specializes in exterior and interior waterproofing. The company serves both homeowners and businesses alike, and with Acorn Finance now in the picture, prospective clients can expect affordable offers.

Among the many services provided by H2O are Basement and crawlspace waterproofing, foundation repair and renovation, and mold and mildew remediation. H2O also offers customized commercial waterproofing solutions for both large and small businesses. H2O is preferred by many because of its innovative use of technology in waterproofing. An example is the use of polymer-modified asphalt membranes, foundation boards, and strip drains. They are widely referred to as the latest drainage technology and water sealant methods available

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Expect your home remodeling to ‘cost 50% more and take 50% longer,’ says finance expert

So you’re thinking about doing a major home renovation. You’ve been stuck indoors since the pandemic — and you plan to be for a while longer. So why not put some money into making it look nicer?

If you’ve never remodeled your home before, getting through the process can be a complete nightmare. I’ve been through four projects, and none of them were pleasant. But, after the first two, I finally wisened up to the game that some general contractors play to extract as much money from homeowners as possible.

Here’s what I learned from all my painful, exhausting and costly experiences:

1. It will cost more than expected.

Competition is fierce, so a contractor might initially offer an attractive price just to beat out all the other bids. Their goal is to get you to sign the contract. Once you’re locked in, they can upsell you with add-ons.

If you’re already $100,000 deep and three months into bathroom and kitchen work, you probably won’t balk at a $3,000 recessed lighting project. And since the walls are now open, what’s another $2,000 for an electric car charger?

To protect your mental health, expect everything to cost 50% more and take 50% longer.

Also, as your contractor gets further into the project, he or she might point out “unforeseen” problems that require more work. The additional fees may be legit, but some unscrupulous contractors will often find excuses to jack up the price.

Don’t rush into anything. Do your research, get multiple bids, and be willing to walk away. Be as detailed as possible when drawing up the contract regarding costs, time, materials and work.

2. It will take longer than expected.

Two classic lines you may hear from your contractor if they’re lagging on time: “This project is costing me

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