Offering customer financing options simplifies selling for home improvement contractors
Homeowners want flexible and affordable payment options on home improvement projects. Paradigm’s partnership with Momnt is a seamless way for contractors to offer financing to customers.
Paradigm, a leading technology provider for the new construction and home improvement markets, announces the launch of Paradigm Finance™, a best-in-class financing platform powered by Momnt.
Through this strategic partnership, home improvement contractors now have the ability to seamlessly offer customer financing and manage every aspect of point-of-sale financing through the company’s Paradigm Vendo™ digital quoting and selling application.
Paradigm Finance allows homeowners to shop financing options instantly, with no impact on their credit score. It’s technology that increases a homeowner’s buying power, simplifies purchasing decisions, and helps home improvement pros close more deals.
“The way consumers pay for their home improvement projects is evolving, and there is a growing demand for flexible, easy, and affordable payment options,” says Mike Storck, Product Director at Paradigm. “The integration of Paradigm Vendo and Paradigm Finance enables home improvement professionals to offer a next-level consumer lending experience and create a true end-to-end selling experience for customers.”
“It’s a win-win for everyone,” says Chris Bracken, CRO at Momnt. “This partnership will drive business growth and provide consumers with a seamless home improvement lending experience.”
Momnt powers modern lending solutions that enable businesses to provide low-friction financing to their customers at the moment they need it – all funded by trusted lending partners. Its API-based platform leverages alternative data sources and ML/AI-informed decisioning to present real-time loan offers fit to each individual borrower, all done within the banking industry’s current regulatory infrastructure. Learn more about Momnt and view career opportunities, or follow @getmomnt.