Set Up Financing Options
Automatically configure and deploy flexible financing options for foundation repair projects. Streamline payment plan setup, credit checks, and approval processes to close more deals faster.
When
New project estimate created
Then
Financing options configured and presented
3 hours per quote
Time Saved
35% higher close rate
ROI Impact
Foundation financing setup automation connects your estimating system with lending partners to automatically configure payment plans, process credit checks, and generate financing agreements when project estimates exceed specified thresholds, reducing setup time from hours to minutes.
How This Automation Works
New project estimate created → Financing options configured and presented
Estimate threshold detection
Monitor project estimates and automatically identify opportunities that meet financing criteria based on project value, service type, or customer request for payment options.
Customer data collection and validation
Extract customer information from your CRM, validate required fields for credit applications, and request missing information through automated email or SMS if needed.
Credit pre-qualification submission
Submit soft credit inquiries to integrated lending partners, retrieve credit scores and pre-qualification results, and determine eligible financing tiers without impacting customer credit.
Payment plan calculation
Generate multiple financing options based on approved credit limits, calculate monthly payments for various term lengths, and apply current promotional rates or special offers automatically.
Financing proposal generation
Create professional financing proposals with payment schedules, terms and conditions, required disclosures, and digital signature fields formatted according to lending partner requirements.
Customer notification and presentation
Deliver financing options to customers via their preferred channel with clear comparisons, APR disclosures, and one-click application completion links for immediate decision-making.
Approval tracking and document management
Monitor application status, automatically retrieve approval confirmations, store signed agreements in your document management system, and update project records with selected financing terms.
System synchronization and scheduling
Sync approved financing details to accounting software, create payment schedules, set up automatic payment processing, and trigger project scheduling once financing is confirmed.
How It Works
Foundation repair projects often require significant investment, making financing options crucial for customer conversion. This automation eliminates manual setup processes by automatically configuring payment plans, integrating with lending partners, validating customer credit profiles, and deploying approved financing terms. By connecting your CRM, accounting system, and lending platforms, you can offer instant financing decisions, reduce administrative overhead, and accelerate project approvals. The system handles everything from initial credit assessment to payment schedule generation, ensuring consistent financing offerings across all customer interactions while maintaining compliance with lending regulations.
The Trigger
When a foundation repair estimate reaches a specified dollar threshold or when a customer requests financing information, the system automatically initiates the financing setup process, pulling project details and customer information.
The Action
The system generates customized payment plans based on project cost, connects with lending partners for credit pre-qualification, creates financing agreements, and delivers financing options to the customer through email or customer portal with instant approval status.
Common Use Cases in Foundation
- Automatically offering financing for foundation repair projects exceeding $5,000 to increase customer accessibility and project acceptance rates
- Presenting multiple payment plan options based on customer credit profile within minutes of estimate completion for same-day project approvals
- Integrating seasonal promotional financing rates across all estimates during slow periods to drive demand and maintain crew utilization
- Streamlining financing for emergency foundation repairs by providing instant credit decisions when customers need immediate solutions
- Creating consistent financing offerings across multiple sales representatives to ensure every customer receives comparable payment options
- Syncing approved financing terms directly into project management and accounting systems to eliminate manual data transfer errors
- Automatically escalating declined financing applications to managers with alternative payment arrangement suggestions
- Tracking financing conversion metrics by project type, amount, and lending partner to optimize financing strategy over time
Results You Can Expect
Accelerated sales cycle
Instant financing options eliminate the delay between estimate presentation and payment discussion, allowing customers to commit to projects immediately rather than waiting days for financing approval.
Increased project acceptance
Automated financing makes payment options available for every qualified opportunity, removing price objections and converting more estimates into signed contracts with manageable payment terms.
Reduced administrative burden
Eliminate manual data entry across multiple lending portals, automatic document generation, and system updates that previously required staff time for each financing inquiry.
Improved customer experience
Customers receive immediate, professional financing proposals with clear terms and simple approval processes, creating confidence in your organization's professionalism and capabilities.
Enhanced accuracy and compliance
Standardized templates ensure every financing offer includes required legal disclosures, proper calculations, and consistent terms, eliminating compliance risks from manual errors.
Better cash flow management
Automated financing confirmation triggers immediate project scheduling and reduces the lag between estimate approval and work commencement, improving revenue predictability.
Frequently Asked Questions About This Automation
Automated financing setup connects your estimating system with lending partners and credit bureaus. When a project estimate meets financing criteria, the system automatically pulls customer information, submits credit pre-qualification requests, calculates available payment plans based on approved terms, and generates financing proposals—all without manual intervention.
Set Up Automated Financing Configuration in Minutes
Stop doing manual work that software can handle. Fieldproxy makes it easy to set up this automation and dozens more - no coding required. Our AI builder helps you customize everything to match your exact business process.
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