Pinnacle Finance Blog

March 21, 2016

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 your projects properly and enough to make a reasonable profit in order to stay in business? For a long, long time. With pricing wars that can occur when bidding for a job and the internet at everyone’s fingertips, it’s easy to feel unsure that you […]
April 20, 2016

Verification Calls – Help Us Fund You Faster

  At Pinnacle Finance one of our most important goals is to fund our dealers/contractors as quickly as possible.  Typically one of the most common delays in funding a new loan is the completion of the verification call with the customer which is required prior to funding each new loan.   Once we reach the customer the most important part of the call is for us to make friendly contact with our mutual customer.  During the call we confirm that the work is complete, go over the details of the financing, explain the billing and payment process, confirm their mailing address […]