Pinnacle Finance Blog

November 2, 2017

Keep Closing Sales Through the Holidays! 90 Days No Payments Special Pricing!

It’s that time of year again as the holidays are quickly approaching.  Many of your potential customers may be concerned about over-extending themselves financially around the holidays. The use of 90 Days No Payment promotions can be extremely useful in overcoming those objections. Using this promotion, the customer’s first payment will not be due until February or March. Now through the end of the year Pinnacle Finance is reducing your cost for the use of those promotions. We offer two 90 Days No Payment promotions: 90 Days No Payments & No Interest – 2.5% Dealer Fee (normally 3.5%) (First payment will be 90 […]
December 13, 2017

Why Video Marketing Should Be Important to Your Business

Marketing today is all about educating your audience and providing valuable content to help steer customers to your business. A never-ending challenge for companies in all industries is how to get the most out of your investment in marketing. Both in time and dollars, what are the most effective marketing methods you can use? And more importantly, why should you be using them? In the remodeling business, your potential customers have many questions that need answers. Often, this is the first time they have ever taken on a project like this. Sometimes it is difficult to visualize what is possible […]
February 26, 2018

Economic Update – January/February 2018

Since our last update in December data points related to the economy remain positive overall. Employment and GDP Gains Continue Momentum… In January the economy added 200,000 new jobs following up the 148,000 jobs added in December.  The unemployment rate remained at 4.1% for the fourth consecutive month.  The first estimate of GDP in the fourth quarter of 2017 was 2.6%, down from 3.2% in the third quarter, a mild disappointment as expectations in December were for growth of over 3.0%.  However, within the fourth quarter GDP figure consumer spending grew at 3.8% which was the fastest rate of growth […]
October 17, 2018

Economic Update – September/October 2018

GDP Growth Shows Strong Upturn… Since our last update in the spring the US economy has shown strong growth over the past several months. Gross Domestic Product (GDP) figures for the second quarter indicate the economy grew 4.2%, an increase from 2.2% in the first quarter and 2.9% in the fourth quarter of 2017.Growth in the second quarter was driven in part by strong consumer spending. On Friday the first estimate for the third quarter GDP was reported at 3.5%. …While Jobs Remain Plentiful… With strong GDP growth job creation has remained solid with an average of 189,000 jobs added […]