Why Choose Financing from Enhancify?

From now on, start closing more jobs and maximize your profit with Enhancify financing. Give your customers access to low rates from 13+ reliable lenders plus get commissions starting at $50. Refer friends to earn even more. All with $0 dealer fees. Start today and dismiss all doubts.

Offer clients the best options and get from $50 for each job

Our main goal is to offer the most profitable financial solutions both for contractors and homeowners. Look at the benefits you will get once you start offering financing to your customers in partnership with Enhancify compared to EnerBank USA®.

Enhancify VS EnerBank USA®:
Which Contractor Financing Program is the Best?

 

Enhancify

EnerBank USA®*

Transaction Fees
(also called "Dealer" or "Merchant" Fees)
No Yes
Average Transaction Fee
(percentage paid by contractor for each job)
No fee 5.49% - 17.95%
for Most Popular Plans
Impact on Business Profit Margin
(assuming 20% profit margin for the average roofing business)
20% Profit Margin stays 20%
Profit Margin protected.
20% Profit Margin becomes 2.05% - 14.91%
Loss of up to 89% of profit margin
Commissions
(Get paid commissions on each job financed)
Yes - Commissions Paid on Each Job No
Homeowner Credit Pull Soft Pull Pre-Approval
(Protects customers' credit scores)
Hard Pull Credit Inquiry
(Lowers customers' credit scores)
Homeowner FICO Scores Served Support full spectrum of homeowner credit:
550 - 850 FICO

Serves all Homeowners
Average FICO Score for Approved Loans: 750
Only Serve "Excellent" Credit Homeowners
Business History Restriction New Businesses Welcome 3 Years of Business History Required
Business Revenue Restriction Growing Businesses Welcome Minimum of $500,000 in annual residential remodeling sales
Minimum Job Size Restriction $1,000 $5,000
Financing Amount Limits up to $100,000 up to $65,000
Average Loan Amount $12,500 $10,000
0% Promotional Deferred Interest Rates
(Specific terms and conditions subject to credit approval.)
Yes Yes
Term Length 84 months 144 months
Marketing Materials
Training & Support
Electronic, Paperless Process
States Served 48 States
(not including WV and CT)
50 States
Company Profile Bootstrapped from the ground up by small business owners in response to traditional financing. Powered by community word of mouth. Started in 2018. Owned by publically traded, multi-billion-dollar corporation with over 7,000 employees. Started in 2002.
Company Business Model Simple annual membership fee ($999 / $1,499 / $4,999).
Enhancify does not earn revenue through interest on loans.
Contractors pay fees to bring homeowner customers to EnerBank.
Revenue also collected through interest on loans.
Unlimited Financing Included in Membership Transaction Fee For Each Project
Industry Focus Home Improvement Home Improvement
Solar Financing Available No Yes

Enhancify

EnerBank USA®*

Transaction Fees
(also called "Dealer" or "Merchant" Fees)
No
Yes
Average Transaction Fee
(percentage paid by contractor for each job)
No fee
5.49% - 17.95%
for Most Popular Plans
Impact on Business Profit Margin
(assuming 20% profit margin for the average roofing business)
20% Profit Margin stays 20%
Profit Margin protected.
20% Profit Margin becomes 2.05% - 14.91%
Loss of up to 89% of profit margin
Commissions
(Get paid commissions on each job financed)
Yes - Commissions Paid on Each Job
No
Homeowner Credit Pull
Soft Pull Pre-Approval
(Protects customers' credit scores)
Hard Pull Credit Inquiry
(Lowers customers' credit scores)
Homeowner FICO Scores Served
Support full spectrum of homeowner credit:
550 - 850 FICO

Serves all Homeowners
Average FICO Score for Approved Loans: 750
Only Serve "Excellent" Credit Homeowners
Business History Restriction
New Businesses Welcome
3 Years of Business History Required
Business Revenue Restriction
Growing Businesses Welcome
Minimum of $500,000 in annual residential remodeling sales
Minimum Job Size Restriction
$1,000
$5,000
Financing Amount Limits
up to $100,000
up to $65,000
Average Loan Amount
$12,500
$10,000
0% Promotional Deferred Interest Rates
(Specific terms and conditions subject to credit approval.)
Yes
Yes
Term Length
84 months
144 months
Marketing Materials
Training & Support
Electronic, Paperless Process
States Served
48 States
(not including WV and CT)
50 States
Company Profile
Bootstrapped from the ground up by small business owners in response to traditional financing. Powered by community word of mouth. Started in 2018.
Owned by publically traded, multi-billion-dollar corporation with over 7,000 employees. Started in 2002.
Company Business Model
Simple annual membership fee ($999 / $1,499 / $4,999).
Enhancify does not earn revenue through interest on loans.
Contractors pay fees to bring homeowner customers to EnerBank.
Revenue also collected through interest on loans.
Unlimited Financing
Included in Membership
Transaction Fee For Each Project
Industry Focus
Home Improvement
Home Improvement
Solar Financing Available
Yes

Enhancify is here to help you increase your revenue. We outbid competitors and surpass all expectations by giving flexible options for contractors and homeowners.

  • No Dealer Fees Ever

    Now you can gain more, since you won't have to pay additional fees for offering financing to your customers. Net profit only.
  • Get $50 for Every Closed Job

    Have more closed jobs plus get paid for those. Have commissions starting at $50 paid every time a homeowner gets financing.
  • Beneficial Yearly Plan

    Pay once a year and forget about any charges for the next 12 months. Focus on your work, we will do the rest.
  • Low APR Financing Options

    Let your customers avoid huge interest with same-as-cash and low APR offers. Homeowners get financing on favorable terms, you get money for your work quickly.
  • Customized Branded Page

    Build your own co-branded landing page with your logo. Receive exclusive links and banners for online promotion.
  • Real-Time Notifications

    Stay informed throughout the whole application and approval process. Receive emails with detailed information on each step.
  • Soft Pulls

    Soft Pulls Applying for loans won't affect your customers' credit scores. Let them enjoy a vaiety of top deals with no hard pull.
  • Earn $200 for Referred Friends

    Invite friends through your unique referral link and earn $200 for every contractor that uses Enhancify for more than 30 days - with no caps.
  • Monthly Payment Calculator

    Give your customers access to our Payment Calculator to estimate monthly payments for their projects. Quickly and easily.

Have questions or need help? Contact us at 813-499-9879.

*EnerBank USA is a wholly owned subsidiary of CMS Energy Corp. Enhancify.com is not affiliated with EnerBank USA® in any way. Information is used for comparative purposes only. Chart comparison is based on publicly available competitor info compiled in May 2020. All reasonable efforts are made to keep information up-to-date. Information is presented without warranty.