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9.
May
2022.
Small Building Firms Get New Customer Financing Facility

6/5/22

FOR IMMEDIATE RELEASE

Independent Home Improvement and Building Firms Get Their House in Order with New Customer Financing Facility

New platform offers consumer finance for local and start-up home improvementbusinesses.

A new finance platform for home improvementbusinessesis set to enable sole traders and small companies to go head-to-head with their much larger competitorsby offering monthly payment finance to their customers. The new platform from www.Credabill.com will allow local and start-up building and renovations businesses to compete on customer finance offers with some of the biggest names in the trade.

Now Credabill is teaming up with MyJobQuote.com - an online service that matches homeowners to home improvement businesses - extending its availability to over 30,000 independent firms.

"We are really excited to share the news of our partnership with MyJobQuote, which will increase the userbase of Credabill significantly, at the same time as allowing MyJobQuote business users to compete with the big boys" said Andy Winning, CEO and Founder of Credabill.

"With the advent of the recent Buy Now Pay Later boom in the UK, and of course the increased cost of living, more and more UK consumers want to spread the cost of their purchases, and Credabill is at the forefront of this trend in the home improvement industry."

Credabill.com is a home improvement finance platform that enables small home improvement businesses to offer monthly payment finance to their customers on every single quote. With Credabill, small businesses can send quotes by SMS and email with monthly finance payment options. Customers can spread up to £50,000 of home improvement outlay up to 10 years, with or without a deposit.

In terms of pricing Credabill works like a credit/debit card processor. The business only pays Credabill a small processing fee for each time a transaction takes place. Funds are paid out in full to the business minus a small processing fee and the customer repays via Credabill monthly over the chosen period.

Home improvement businesses can sign up for a Credabill account in minutes and be offering finance to their customers within 1 day. There is no need for the business to be an established entity or have a minimum turnover like similar home improvement finance platforms.

Credabill is entering into an affiliation/partnership with MyJobQuote.com. MyJobQuote is a homeowner/home improvement business matching service. A consumer can post a job on MyJobQuote which will be pinged to 3 local suppliers who can then bid for the job.

The new partnership means MyJobQuote will introduce Credabill to its existing userbase of over 30,000 UK home improvement businesses. Existing MyJobQuote users who are keen to participate are offered premium fast track account openings with Credabill.

ENDS

 

All enquiries:

Andy Winning

CEO & Founder