Financing - Articles - Page 2 | Roofing Contractor

Consumer Trends

Women, Gen Z, and Affluent Drive Home Service Demand

New report with Synchrony and Visa highlights evolving homeowner expectations, digital payments, and opportunities for contractors

Tanja Kern

October 1, 2025

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ServiceTitan’s 2025 report shows shifting homeowner preferences, with women, Gen Z, and affluent households driving demand for convenience and trust.

The Right Way to Disclose Surcharges to Customers

Best of Success Podcast

Surcharging Done Right: What Contractors Need to Know

Credit card fees can eat away at profits, but mishandling surcharges can cost contractors even more.

Jill Bloom

Thea Dudley

August 26, 2025

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Finance expert Thea Dudley explains the ins and outs of credit card surcharging, common mistakes contractors make, and how to communicate the changes without alienating customers.

Distributor News

BlueLinx Q2 2025 Report Shows Small Gains in Sales

Company plans to pass on tariff expenses through price increases

Roofing Contractor Staff

July 31, 2025

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BlueLinx reports a 2% gain in sales compared to Q2 2024, though its gross profit saw a 2% decrease, year-over-year, compared to the same period.

Technology and Finance

IKO, Momnt Offer Exclusive Financing Solutions for Roofing Contractors

The strategic collaboration provides IKO ROOFPROs with preferred rates and streamlined financing platform to better serve homeowners

Roofing Contractor Staff

July 23, 2025

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IKO partners with Momnt to offer exclusive financing rates and a digital lending platform to roofing contractors, helping homeowners access flexible payment options.

More Options for More Customers

How POS Financing Can Help Roofing Contractors Close More Deals

With proper planning and marketing, point-of-sale financing can boost sales and cash flow

Michael Needham

June 13, 2025

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Learn how point-of-sale financing can lead to quicker business transactions and more profitable projects.

GoodLeap claims its new roofing payments platform will remove delays and manual processes while maintaining contractor workflows.

Cashflow Solutions

GoodLeap Enters Roofing Market with Mobile Payment Platform

A SaaS fintech makes the move into another home services industry

Bryan Gottlieb

June 3, 2025

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GoodLeap, a fintech known for solar and HVAC financing, launches its mobile-first payments platform for roofers, challenging Roofr and aiming to streamline cash flow in a tech-resistant industry.

Distributor News

BlueLinx Names Christopher Kelly Wall as New CFO

Previous experience includes positions with The Aaron’s Company, Inc., CNG Holdings and Bank of America

Roofing Contractor Staff

May 19, 2025

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Wall brings 30 years of financial executive experience to his new role as senior vice president, chief financial officer and treasurer for BlueLinx.

Westlake’s Q1 earnings highlight the challenges posed by increasing costs and a slow housing market, leading to strategic reductions. Nevertheless, its robust liquidity indicates resilience.

Earnings Report

Westlake Misses Expectations for Q1 2025

Revenue missed analyst estimates by 2.7%; EPS also lagged analyst expectations

Bryan Gottlieb

May 6, 2025

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Westlake reported a sharp Q1 profit drop amid high costs and housing market slowdowns, prompting cost cuts and capex reductions despite strong cash reserves.

Tariffs are a concern for every roofing contractor in the current economy

Strategic Maneuvers

Roofing Tariffs: How to Protect Your Profits

A recent Midwest Roofing Contractors Association webinar offers tips for reducing the impact of tariffs

Chris Gray

May 1, 2025

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A recent MRCA webinar explored how roofing contractors can protect profits as Trump’s tariffs drive up material costs, delay projects, and disrupt supply chains.

Construction workers love crypto almost as much as tech pros, according to a new report by the National Cryptocurrency Association.

Odd News Dispatch

New Poll Finds Construction Workers Love Crypto

Industry report says Bitcoin and its peers have an increasingly diverse demographic of fans

Bryan Gottlieb

April 24, 2025

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While one in five Americans owns cryptocurrency, there is a surprising growth in construction; despite risks, two-thirds of holders say it positively impacts their lives.