Fensa has announced that its approved installers can now offer competitive finance packages to their homeowner customers – at no cost to the installer in terms of time or money.

Partnering with home improvement finance specialist, Improveasy, Fensa Finance allows installers to offer ‘hassle-free’ payment options to customers at competitive interest rates. As an extension of the lead generation system on the Fensa website, customers will be able to get a finance quote when looking for a Fensa approved installer online. The loan must be for home improvements that a Fensa Approved Installer can carry out.

Homeowners speak directly to Improveasy regarding the finance, with no involvement from their installer. Installers get paid directly from Improveasy once the customer has signed contracts and the work has been completed.

“Being able to provide customers with highly competitive payment options will help our members win more work at no cost to themselves,” Lis Clarke, operations director for Fensa and BFRC, said.

Jeff Poole, Improveasy’s managing director for consumer & business finance, said: “We’ve been providing home improvement businesses with the chance to offer simple and flexible payment options to their customers nationwide for over ten years.

“As an installer, with Fensa Finance there’s minimal paperwork, while your customer benefits from being able to spread the cost of the installation – very important amidst the current cost of living crisis. We handle everything as homeowners speak directly to us, so there is no need to get involved. Then, once we’ve done our bit and agreed the finance with your customer, you get paid directly, in full, from us. It couldn’t be easier.

“This new capability complements our existing member benefit for Fensa installers where we can support them offer consumers finance, whether they’re directly authorised by the FCA or not. Our leading one-stop-shop tech platform accesses a broad spectrum of finance products (including interest-free, interest-bearing and buy-now-pay-later) via a panel of lenders across all risk and measure type categories.”