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How to Finance Home Services for Clients with Bad Credit with Thomas Murphy - IHCS Finance

Service Business Mastery for Skilled Trades: HVAC, Plumbing & Electrical Home Service

Release Date: 10/09/2024

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Welcome to the Service Business Mastery Podcast!

Visit our website for more episodes and insights! www.servicebusinessmastery.com

In this episode, the hosts Tersh Blissett and Joshua Crouch are joined by Thomas Murphy from IHCS Finance, a company specializing in HVAC and home improvement financing solutions. 🏠📈

Thomas Murphy, Director of Finance for Air Around the Clock and Co-Founder of IHCS Finance, has over 35 years of experience in the credit and finance industry. He specializes in helping contractors offer financing to customers with challenging credit situations, thus enabling contractors to close more deals and boost their revenue 💡🛡️🚀

 

In this episode, here's what you can expect to learn:

  • The role of financing in growing a small contractor's business.

  • Navigating credit challenges in HVAC and home improvement financing.

  • How to increase approval rates for customers with low FICO scores.

  • Lease-to-own programs for financing big-ticket items like HVAC systems and water heaters.

  • How IHS Finance can act as a back-office finance department for contractors.



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