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How AL Elite works for home improvement financing for contractors
- Tell us about it. Your trade, where you operate, roughly how many jobs a month you quote, and whether you need capital, a customer-financing program or both. No credit pull.
- We match you. Your request goes to lenders in our network who work with contractors in your trade and state. For customer financing, we set up a program; for capital, we match you with business lenders.
- You choose and apply with the lender. Rates, terms and the decision come from the lender. For customer-financing programs, there's no cost to join and no obligation to use it on every job.
Financing sells scope, not just the job
Remodel customers rarely walk away entirely; they trim. The quartz becomes laminate, the second bathroom waits. When the quote comes with a monthly figure, the trimming stops. Contractors in our program use financing to protect margin rather than to discount. The homeowner pages your customers read, kitchen and bathroom remodel financing, list partner contractors by market.
Larger amounts, longer terms, more comparison
Remodel tickets run higher than repairs, and customers have time to compare your financing with a HELOC. Be straightforward: a fixed-rate loan through your program is faster and simpler; a HELOC may be cheaper for a very large job. Customers who feel you've been honest about that come back for the next project.
Capital for remodeling businesses
Remodelers carry materials and subs for weeks before the final draw. Working capital and lines of credit are the common tools; see contractor business loans.
Who can join
Every lender sets its own criteria. The things that come up most often:
- Time in business. Many business lenders want at least one to two years of operating history; some products accept less.
- Revenue. Annual revenue thresholds vary by lender and product. Bank statements are the usual proof.
- Business and personal credit. Smaller contractors are often underwritten partly on the owner's personal credit.
- Licensing and insurance. A current contractor's license (where required) and general liability insurance.
- State. Lender availability and product rules vary by state. We match you with lenders who serve your location.
Frequently asked questions
How do remodelers offer financing?
Through a lender program or marketplace like AL Elite. Present a monthly payment with every quote and let the customer apply before the final walkthrough. The lender pays you per the agreed schedule.
Does financing work for large remodels?
Yes, within the lenders' amount limits. For very large projects the customer may also consider a home equity product. Our program covers the loan amounts typical of kitchen and bath remodels.
Can I use financing for windows, siding and flooring too?
Yes. The program covers planned home improvement across trades, including windows, siding, flooring and exterior work.
Is AL Elite a lender for home improvement financing for contractors?
No. AL Elite is a matching service. We route your request to business lenders in our network who fund home improvement financing for contractors, and they set the terms and make the decision. Lenders pay us for introductions; you don't.
Does requesting options affect my business or personal credit?
Submitting a request to AL Elite does not pull credit. Business lenders typically run a soft inquiry to pre-qualify and a hard inquiry at formal application. We tell you each lender's approach before you proceed.