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VP Form TrackerPayment options to grow your business
Brian Santos,
Fresh Coat
Painters
"[Using Regions] increased our sales because they're immediately going to a larger project, which gives us more efficiency and profits."
Nick Falletta,
ReBath of
Southwest Virginia
"Having a financing tool is a great opening for customers; they now know they can...pay on a monthly basis."
Steve & Shadaris Sepulveda, Calvary Mechanical
"[Regions] has really simplified the lending process...we definitely recommend it to other contractors."
Strength and Stability Through the Decades
At Regions, we've been doing home improvement lending for a while - over two decades to be exact. During that time, we've seen a lot of changes both within the industry and the economy. One thing that has remained consistent all these years, however, is our commitment to our contractors.
Better Loan Management
Unlike other financial companies that offer similar services, we haven't had to put a pause on our lending. This is because we've never overextended ourselves and have always prioritized responsible lending. As a result, you know that you can get the funding you need when you need it, regardless of outside factors.
Focus on Home Improvement
With 20 years in the home improvement industry, we've designed all our tools, resources, and loans with your needs in mind. Plus, you'll be working with people who have experience in your specific trade at every level of the bank, providing an invaluable resource for your business.
Stability of a Bank
We're an actual bank. This means you can rely on the security of sound underwriting and best practices. Both you and your customers can rest easy knowing that your financial information is protected at every stage of the process. Additionally, we fund and service all our loans, so you get paid quickly and we don't pull back funds if your customer defaults on their loan.
ClickTap the cards below to see benefit details.
Same-As-Cash
The Same-As-Cash Loan (SAC) from Regions makes closing deals, increasing project size, and delighting your customers an absolute breeze. We call it “Same-As-Cash,” but really, it’s better than cash, because it’s a short-term lending solution with no interest and no monthly payment required during the “same-as-cash” period — (on approved credit — interest waived if paid in full during the same-as-cash period) — which means your customer can use their cash elsewhere.
Reduced Interest Loans
The Reduced Interest Loan (RIL) is half of your payment options one-two punch (the other is the Same-As-Cash Loan). These two choices should always be offered together, like peanut butter and jelly. A RIL is just like it sounds — a lower interest rate loan that is set up for a longer-term. Your customer pays back the RIL through easy monthly payments, helping them get the home improvement project they want in an affordable way.
Zero Interest Loans
Zero interest is a mighty attractive offer. The Regions Zero Interest Loan (ZIL) offers the unique features of equal monthly payments combined with a 0% fixed APR. If qualified for a ZIL through Regions, your customers will appreciate getting the home improvements they want with a 0% fixed APR throughout the full term of their loan.
Traditional Installment Loans
The most basic plank in your payment options toolbox is the Traditional Installment Loan (TIL). This is a longer-term loan with customers paying it off through equal monthly installments. A TIL can be a good choice for a customer who wants to make payments and get a better interest rate than a credit card.
Yes Loans
Every customer you work with is unique, and so is their financial situation. That’s why Regions developed the YES Loan, an integrated counter-offer payment option that can help your less creditworthy customers get funding for their home improvement projects.
