Financing - Articles - Page 2 | Roofing Contractor

Crime Blotter

Bankrupt Lexington Blue CEO Admits He Doesn't Know How to Install Roofs

Court proceedings for Kentucky roofing contractor reveal details about company's financial collapse

Chris Gray, editor of Roofing Contractor and Roofing Supply Pro

November 5, 2025

The CEO of Kentucky-based Lexington Blue admitted he didn't know how to install roofs, and claimed ignorance of the company's financials and record-keeping during federal bankruptcy court proceedings.

Distributor News

QXO Announces Refinancing of Debt Following Q3 $2.73B Sales

Chris Gray

October 31, 2025

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QXO's early third-quarter figures show it producing net sales of $2.73 billion, though it is dealing with a net loss of $139 million caused by its acquisition of Beacon Building Products.

Technology News

STACK, Velixo Launch Real-Time Excel Integration

The new STACK for Excel tool links takeoff and estimating data directly to Excel, giving contractors live insights and tighter financial workflows

Roofing Contractor Staff

October 28, 2025

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STACK and Velixo unveil an integration that connects estimating and financial data for faster, smarter construction decisions.

Credit Watch

The Cost of Doing Business Just Changed!

The cost of doing business for roofing contractors reliant on credit card payments from vendors and clients just went up.

October 16, 2025

Credit expert Thea Dudley shares the latest on how to navigate credit issues plaguing contractors.

2025 Young Guns

Fitting Right In

Young Gun Charlie Rademacher

Art Aisner

October 3, 2025

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After a major move from Manhattan, Charlie Rademacher fits right into the family business — focused on relationship-driven sales and service.

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

One Comment

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.