5 Ways Multi-Stage Financing Helps You Win More Projects

Now more flexible and accessible than ever, Financeit’s re-launched MSF feature gives dealers more control over when and how they access funds throughout the life of a project.

Why MSF might be right for you and your customers:

1. Access funds at key project milestones.
   • Access up to 90%* of the project amount before completion. Use those funds right away to cover materials, labour, or unexpected costs.
2. Lower the commitment barrier.
   • Give your customer the confidence to commit now, without the stress of paying a large deposit upfront.
3. Take on longer, higher-cost projects.
   • Expand your project capacity without stretching your budget upfront, all while giving customers more accessible financing options.
4. Build customer trust and reputation.
   • Give clients peace of mind knowing payments are tied to project progress, making it easier to earn trust and referrals.
5. Complete projects faster.
   • Start sooner, move quicker. Easier access to funds helps reduce project delays and speed up completion times.

How it works:

• A 7.5% merchant fee is applied to each deposit tranche when it’s released.
• When the project is completed, a portion of that fee is retroactively refunded.
• This works out to a 1.25% fee per month on the full requested amount, meaning the faster you finish the project, the less you pay.

Whether you’re managing an entire home renovation or simply a difficult project, MSF gives both you and your customers the flexibility you need.

Our newest MSF offering is available now for select verticals including Home Renovation, Roofing & Exteriors, Windows & Doors, Alternative Energy, Pools & Spas, and Landscaping.

📽️ See MSF in action!

Want more details on how MSF can support your business? Visit https://www.financeit.io/msf/