Pinnacle Finance Blog

June 24, 2015

Close More Sales With Home Improvement Customer Financing

Are you closing as many sales as you could be?  If you are not utilizing customer financing then you may be losing potential sales.  Over the past decade I have spoken to hundreds, if not thousands, of home improvement product dealers about how they can close more sales with home improvement customer financing.  If there is one factor I universally find among large, successful dealers it is that they use financing to help customers pay for their products.  Obviously that statement is self-serving since we are in the home improvement financing business but it’s true!  In my conversations with dealers […]
June 16, 2016

Home Improvement Financing Tips

We recently wrote a blog piece about financing tips for homeowners looking to purchase home improvement products. We thought we would share it with you. If you wish please feel free to share this information with your customers or post it on your website. If you do post it on your website we kindly ask that you credit Pinnacle Finance for the information. What can homeowners do if products or services are needed, or desired, for their home, but cash or credit cards funds are not available?   Financing the purchase over a period of time enables the homeowner to fit […]
June 25, 2017

Economic Update – June 25, 2017

GDP Growth in Q1 Was a Disappoint but Q2 Appears Better… The last time we provided an economic update, in April, GDP growth in the first quarter of 2017 appeared to have slowed compared to second half of 2016.  The numbers are now out and GDP did slow in Q1 to 1.2% compared to 2.1% in Q4 of 2016.  Slower growth in the first quarter was attributed to slower consumer spending and a decline in inventory accumulation by businesses.  Consumer spending in Q1 was estimated to have grown only 0.6% compared to Q1 of 2016 which is indeed a negative […]