Explore the Benefits of Customer Financing for Trades Organizations

2.5-minute read | May 3, 2024

Every year, the first Wednesday of May marks a day dedicated to celebrating the backbone of our infrastructure — skilled trades workers. National Skilled Trades Day serves as a reminder of the invaluable contributions made by tradespeople in shaping our society’s foundation. From carpenters and electricians to plumbers and welders, these individuals embody craftsmanship, expertise, and dedication.

The Vital Role of Skilled Trades

Amidst the evolving landscape of career choices, skilled trades offer a unique pathway for individuals to pursue rewarding and fulfilling livelihoods while meeting the ever-growing demand for specialized skills in various industries. These professionals are the architects of our everyday comfort. From building the homes that shelter us to installing the wires that light up our cities, their work often goes unnoticed until it’s urgently needed.

However, the cost of skilled trades services can sometimes be a barrier for homeowners needing to make critical repairs, especially in unexpected emergencies. That’s where customer financing steps in.

The Importance of Customer Financing in Skilled Trades

By working with a customer financing partner, skilled trades companies can help make necessary services more affordable by eliminating the need for a lump sum payment and spreading the costs over time.

Beyond the benefits financing provides consumers, it also bolsters the growth and sustainability of skilled trades businesses. By offering flexible payment options, tradespeople can attract a broader clientele base, enhance customer satisfaction, and foster long-term relationships. Furthermore, convenient financing options help streamline operations, reduce administrative burdens, and ensure timely payments, enabling trades businesses to focus on what they do best — delivering exceptional craftsmanship and service.

As we celebrate National Skilled Trades Day, we want to voice our appreciation for the dedication and expertise of tradespeople and recognize the pivotal role of customer financing in ensuring accessibility and sustainability within the skilled trades industry. By championing the artisans and the mechanisms that support their endeavors, we pave the way for a future where skilled trades thrive, communities flourish, and everyone can build a better tomorrow, one brick, wire, and pipe at a time.

Are you ready to grow your skilled trades business with customer financing?

Partner Forward with Salal Dealer Direct

We team up with contractors nationwide to provide their customers with affordable financing for various solar and home improvement projects.

We can offer some of the most competitive rates and dealer fees because we’re part of a member-owned credit union. That means our profits return to our members—and business partners—through lower rates and fewer fees.

Our Dealer Direct Financing programs feature:

  • An online loan application with fast credit decisions and a high approval rate.
  • Terms and loan amounts are available to fit various budgets and project sizes.
  • Partners pay ZERO dealer fees on our standard program.

How to Start Offering Salal Dealer Financing to Customers

We’re serious about helping your business grow with fast funding times and personalized support from a dedicated and experienced team of lending specialists. To get started, our dealer application process requires these documents:

  • Completed dealer questionnaire
  • Current income statement and balance sheet
  • Copy of business license and/or contractor’s license

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