Blog

The Tough Question of Markup in the Remodeling Industry

We always talk about ways to grow our business. In the remodeling industry, one way is to offer credit options. Another is to partner with the right industry associates. There’s also the obvious – get more clients and more referrals. One aspect of your business you should examine is your markup. Are you marking up…
Read more

Improving Credit Trends for U.S. Consumers

Good news for dealers looking to grow business by offering financing options to potential buyers – the average FICO credit score, a key component to financing decisions, is at an all-time high in the US.  Based on a recent FICO blog there has been significant improvement in FICO scores since the Great Recession.  The national…
Read more

LOAN DOCUMENTS UPDATE

One of our primary goals at Pinnacle Finance is to fund loans as quickly as possible for our dealers.  Dealers can assist in this process by making sure that Pinnacle has all of the required documents and that they are completed correctly.  To help make the funding process as efficient as possible we have made…
Read more

WHERE DO POTENTIAL CLIENTS START THEIR SEARCH FOR A CONTRACTOR?

Is it online or offline? Where does the search for a contractor begin? In this digital world we live in today, you may be surprised to hear that the search does NOT begin online. It begins with old fashion “word-of-mouth”, or referrals. However, referrals help both older generations and younger generations in different ways. The…
Read more