Four reasons your roofing business needs to offer financing options
June 23, 2025
Flexible financing for roof renovations can help contractors close sales and boost business
Prospective clients looking to upgrade their buildings’ roofs are eager to hire contractors who offer financing options that are agile and flexible, especially in today’s economic climate where every dollar counts.
Whether they are a homeowner or a commercial property manager, working with your customer to find creative financing options for their big renovation can lead to a win-win situation, leaving them satisfied and your company with another successful sale.
Here are four reasons why contractors need to offer financing options in 2025.
1. Easier closings on sales
Whether it’s making a sale or bargaining for a deal, everyone wants to feel like they’ve won something after closing a business transaction. Offering flexibility in financing can feel like a win for the customer, giving them more autonomy on the terms of the deal, ultimately making it easier for your sales team to close on the sale.
2. Expand your customer base
Last summer, Angus Reid partnered with Financeit to survey homeowners about their attitudes towards renovations, new home purchases, and monthly payment plans. Through interviews with some 1,500 people, they found that roughly 94% of Canadian homeowners were planning to stay in their homes for the year ahead, and of those, a quarter planned to undertake renovations in the next year.
By offering financing options, you open up your business to a wider-ranging client base and create a financing plan to match your customer’s budget. This makes your services accessible to those who may not have been able to afford necessary roof repairs if they had to pay with a lump sum.
3. Get paid sooner
Unlike financing a project with bank loans or through remortgaging a building, financing agreements can be created almost instantaneously following a credit check. With this streamlined approach, you can get started on the project, and get paid, faster.
4. Third-party loans make financing risk-free
Using a third-party financing provider eliminates risks commonly associated with consumer lending.
In this scenario, the lender is responsible for approving customers for loans, collecting monthly payments, and even securing late and missed payments. By offering third-party loans, you can give customers financial freedom in the form of low monthly payments without your company having to assume any financial risks.
QXO is proud to provide homeowner financing services that allow professional contractors to offer flexible, robust solutions for their customers. With QXO’s homeowner financing, you can assist your customers in financing long-term projects without facing any unexpected credit card terminal fees or rates, activation fees or sales slips.
Work with us and our financing partner, Financeit, to provide industry-leading financing for your customer’s next roofing project. There’s even a mobile app, so you and your clients can secure credit decisions within seconds and use the power of paperless processing for more efficient approvals.
To close more jobs using QXO’s homeowner financing, reach out to your QXO sales rep or Financeit representative (1.888.536.3025 x 244) or visit the Financeit website.