Acorn, an embedded lending marketplace for home improvement financing, has teamed up with Joist, an EverPro solution, to embed financing offers into the Joist mobile platform.
Acorn said its offering drives better outcomes for borrowers, lenders, contractors, and software vendors.
Borrowers can shop for the best rates, lenders can reach more homeowners while also testing the ideal rates for optimum engagement, contractors can increase sales by offering financing to customers at no extra cost to themselves, and software vendors can embed Acorn’s Finance solution within their products’ estimates and invoices.
Acorn said by embedding the Acorn Finance marketplace into their estimates and invoices, home improvement contractors and service professionals who use Joist can potentially grow sales by putting competitive financing offers in the hands of prospective clients at the point of sale. This is done at no cost and with no on-boarding effort for the small and midsized businesses (SMB).
Giri Addanki, founder and CEO of Acorn Finance, said, “Joist and EverPro are ideal partners for Acorn Finance. EverPro is driving digital transformation across multiple industries in the service profession, and Acorn is making financing simple, hassle-free and digital. By embedding our financing solution, Joist is putting an easy-to-use, no fee option in its user’s hands to provide homeowners more choices and better offers.”
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