We have several different rates and programs available for you to offer your homeowners. We have programs that have no contractor cost, low interest programs and deferred interest programs. Give your inside sales representative a call to discuss these program options and customize your account.
Once your homeowner is approved you can create the paperwork in AppTracker and complete the installation. Once the installation is complete, DocuSign will send email notifications for all required signatures. Once all signatures are completed for the loan documents, you will receive your funds within two business days.
Your homeowner is required to sign FTL Finance loan documents for us to release funds. If your homeowner decides they no longer want a loan with FTL Finance, they would be required to pay you using another payment method.
A valid email address is required for each homeowner to sign their loan documents, which is done through DocuSign. If your homeowner does not have an email, they can borrow an email address from a friend or family member. You may also assist your homeowner in creating a new email address to sign their loan documents.
Applications submitted during processing hours will receive a decision within 15 minutes. You will receive an email with the result of the application.
FTL Finance does not have a minimum credit score requirement. We review the complete credit profile to determine credit worthiness. Our TotalReview process allows FTL to approve even more than other finance companies.
Anyone can be added to an application as a co-applicant. The co-applicant does not have to be a homeowner.
A valid driver’s license, contractor license, and three distributor invoices
Yes, the interest on each loan is an APR-annual percentage rate.
The loan contract is an agreement to finance a specific piece of equipment. We need the serial number for the equipment installed.
Our most popular programs are the ones that are free to the contractor.
We will send you an email when we initiate a loan to fund, but not when the funds hit your bank.
FTL offers interest rates from 14.99%-17.99% to homeowners that qualify for a standard approval. Ask your contractor about what programs they offer through FTL.
No. FTL Finance does not have any pre-payment penalties.
Log into your account at ftlfinance.com to access account details, submit payments and set up autopay. If you need any assistance, contact FTL’s customer support team at 888.314.4588
No, FTL only offers financing to homeowners that own the property where the installation or service is taking place.
Generally, your first payment is due 30 days after the finance documents are processed by FTL. You will receive a welcome packet in the mail 5-10 business days after the loan is activated. If you are signed up for a deferred interest program, the total payment financed amount is due on the last day of the promotional period.