Should I Finance my new project

Should I Finance My New project?

There are many options available to you when it comes time to pay for your new project, but be careful, financing can be tricky. A reputable contractor should be able to educate you on all the available options, and secure the best possible method of financing for you. Consider and ask these questions before you make a financing decision:

  • What monthly payments are you comfortable with, and for what period of time?
  • Can my new project be financed through a home improvement loan?
  • Are my interest payments tax deductible?
  • How soon will my payments begin?

Bottom Line – Only a reputable contractor will offer financing. Most lenders will only partner with contractors that are above average since they are assuming the liability for the work after the completion of the job.