Comparing Momnt? See alternatives for contractor financing on dealer fees, loan products, staged funding, and approval rates.
Updated October 2026 · Published by Contractor Financing Solutions
Momnt is a financing option for home improvement contractors that want to offer monthly payments and receive funds directly as work progresses. Its customer-authorized payment requests can help contractors cover project expenses without waiting until the entire job is complete.
But Momnt may not fit every contractor. Its stated financing range of $3,100 to $75,000 excludes some smaller repairs and larger renovations. Dealer fees also vary by program, and contractors may want additional financing options for customers who do not qualify through Momnt’s lending partners.
The right alternative depends on the projects you finance, the customers you serve and how you prefer to get paid. We compare six options based on financing amounts, contractor costs, payment processes and available loan programs.
Quick Take
Stick with Momnt if your typical projects sit between $3,100 and $75,000, your business requires staged progress disbursements directly via ACH, and same-as-cash promotional plans are central to your sales presentations.
Switch to GreenSky or Service Finance if you want direct-settlement, promotion-heavy programs with higher limits up to $100,000 or native ServiceTitan field integration. For small service calls below Momnt’s $3,100 minimum, Wisetack is the natural fit.
Adopt a multi-lender network like Contractor Financing Solutions if single-lender rejections are costing you closed sales, and you want automated cascading across 30+ lenders for prime, near-prime, and subprime homeowners up to $100,000 with terms up to 20 years.
Editorial disclosure: Contractor Financing Solutions publishes this comparison and is one of the providers discussed. Product details are based on the information summarized in this article; fees, eligibility, funding methods and terms can change. Verify current details directly with each company.
Note: Maximum loan amounts and credit limits depend on borrower creditworthiness and underwriter scorecards. “Undisclosed” indicates rates and terms are private until merchant onboarding.
| Provider | Loan Limits | Contractor Cost | Who Receives Funds | Promotional Structure |
|---|---|---|---|---|
| Momnt | $3,100 to $75,000 | $0 setup or monthly fees; per-loan dealer fees undisclosed | Contractor direct ACH (staged progress draws supported) | Same-as-cash, 0% APR, and standard fixed-rate loans |
| GreenSky | Up to $100,000 | Per-transaction fee (Undisclosed) | Contractor direct ACH (staged progress draws supported) | Deferred-interest promotions and reduced-rate loans |
| Service Finance Company | Undisclosed | Undisclosed (varies by plan) | Contractor direct ACH upon job completion | 50+ promotional and standard installment plans |
| Contractor Financing Solutions | Up to $100,000 | Enrollment fee + fees from 3.9% ($0 dealer fee plans available) | Contractor direct ACH or homeowner based on program | Fixed installments across prime to subprime programs |
| Wisetack | $500 to $25,000 standard (up to $65,000 for qualifying accounts) | Transaction fees from 3.9%, no setup or subscription | Contractor, after customer confirms completion | Short-term 0% APR and clear monthly installments |
| Acorn Finance | Up to $100,000 | $0 for contractors | Homeowner receives loan proceeds; you collect directly | Standard fixed personal loans without promos |
| Hearth | $1,000 to $250,000 | Hearth pricing + $99 setup; $0 dealer fee | Homeowner receives loan; you bill on your schedule | Personal loan marketplace; select 0% promo cards |
Momnt connects contractors with financing offered through partner banks, including Cross River Bank and Primis Bank. A contractor can send an application link to a homeowner, who can check financing options using a soft credit inquiry. With approved contractor-directed financing, payments are tied to the participating business rather than deposited into the homeowner’s account.
One useful feature is the ability to request payments at different stages of a project. For example, on a $40,000 remodel, a contractor might request a $15,000 payment for an agreed project milestone. The homeowner authorizes the request, and the funds are sent to the contractor according to the program’s payment schedule.
The financing range can be a drawback for contractors handling a wide mix of jobs. Projects below $3,100 or above $75,000 may require another payment option. Longer repayment terms may also depend on the contractor’s program eligibility.
Promotional financing can make monthly payments more attractive to homeowners, but contractors should understand the cost. Some plans carry dealer fees that reduce the amount the business receives. Fees can differ significantly depending on the promotion and financing agreement.
What Dealer Fees Actually Cost Your Business
Every point in dealer fees directly reduces gross margin. On a $10,000 heat pump replacement, each percentage point is $100 out of your pocket. On a $45,000 kitchen remodel, each point is $450.
For illustration, a 4% dealer fee on a $45,000 job is $1,800, leaving $43,200 before other project costs. A 9% fee would be $4,050, leaving $40,950. That is a $2,250 difference in the contractor’s payout—not necessarily a $2,250 difference in profit. These are hypothetical fees, not quoted Momnt rates.
It is also important to distinguish true 0% APR financing from deferred-interest promotions. With deferred interest, a homeowner who does not pay the full promotional balance by the deadline may owe interest accrued from the original transaction date. Contractors should make sure customers receive and understand the lender’s written terms.
GreenSky is worth considering if you like Momnt’s direct-to-contractor payments but need financing for larger projects. Its programs may support loans up to $100,000, along with customer-authorized progress payments. Ask about available repayment terms, dealer fees and payment schedules before enrolling.
Pros
+ $100,000 borrowing ceiling provides more headroom than Momnt’s $75,000 limit.
+ Milestone draw capability protects cash flow on multi-week projects.
+ Broad nationwide coverage across all 50 states.
Cons
− Promotional plans rely heavily on deferred-interest terms.
− Transaction fee schedules are private and set per merchant.
− Partner banks focus predominantly on prime credit profiles.
Read more: GreenSky alternatives.
Service Finance Company, part of Truist, offers contractors a broad selection of standard and promotional financing plans. Its ServiceTitan integration may be especially useful for teams that already prepare estimates and present payment options through that software. Confirm funding requirements and available programs for your trade.
Pros
+ Heavy balance-sheet stability backed directly by Truist Bank.
+ Licensed sales finance company with authorized FHA Title I options.
+ Native ServiceTitan workflow for businesses standardized on that platform.
Cons
− Payout is released upon complete job sign-off rather than through milestone draws.
− Underwriting scorecards focus strictly on prime borrowers with no secondary fallback.
− Exact dealer discount fees and borrowing maximums are not posted publicly.
Read more: Service Finance alternatives.
Wisetack is a practical option for smaller service jobs that fall below Momnt’s stated minimum. It integrates with field-service tools such as Jobber, Workiz and Housecall Pro, allowing contractors to include financing options in estimates and invoices. Standard financing ranges and funding timing depend on the program and merchant account.
Pros
+ Public baseline fee starting at 3.9% allows accurate pricing before enrollment.
+ Zero setup costs, monthly subscriptions, or recurring platform fees.
+ Built directly inside popular field service management applications.
Cons
− Standard $25,000 cap is too low for major renovations and whole-home jobs.
− Payout occurs in a single lump-sum release post-completion rather than staged draws.
− Initial job deposits cannot be financed through standard merchant profiles.
Read more: Wisetack alternatives.
Contractor Financing Solutions (CFS) operates as a multi-lender financing marketplace rather than a single direct lender. While Momnt relies on a small panel of partner banks, CFS cascades a single customer application across 30+ institutional lenders. This network handles prime, near-prime, and subprime credit brackets down to roughly 570 FICO, delivering installment financing up to $100,000 with term options extending out to 20 years.
Pros
+ Cascading lender network captures approvals for applicants declined by single-lender banks.
+ Soft credit pull pre-qualification keeps homeowner credit scores protected.
+ 20-year term options provide lower monthly payments than Momnt’s standard plans.
Cons
− Requires an upfront contractor enrollment fee unlike zero-setup platforms.
− Baseline transaction fees start at 3.9%, though zero dealer fee plans exist.
− Payout routes vary depending on the participating lender selected.
Acorn Finance uses a different approach from Momnt. Contractors can offer access to personal loan options without paying platform or dealer fees under its advertised contractor program. If approved, the homeowner generally receives the loan proceeds and pays the contractor under the project agreement. That makes it important to maintain your usual deposit and collection procedures.
Pros
+ Zero dealer fees preserves 100% of your gross estimated project margins.
+ Multiple national consumer lenders compete simultaneously for the same customer.
+ Upfront homeowner funding allows your business to collect initial project deposits.
Cons
− The customer receives the payout, meaning your office carries collection responsibilities.
− Lacks same-as-cash or zero-interest promotional programs that assist in-home closing.
− Does not support contractor-directed staged milestone disbursements.
Hearth combines a consumer loan marketplace with contractor software tools. Instead of charging dealer fees on eligible personal loans, it uses a subscription-based pricing model. Homeowners typically receive loan funds directly and pay the contractor according to the job contract. Compare the subscription cost with the value of the software features you would actually use.
Pros
+ Highest available loan limit ($250,000) easily accommodates major home extensions.
+ Zero dealer fees per transaction ensures large jobs incur no additional financing haircut.
+ Includes digital invoicing, estimates, and payment processing tools.
Cons
− Fixed subscription overhead must be paid regardless of monthly financing volume.
− Homeowner-direct funding means your office does not receive Momnt-style automated draws.
− Software features may duplicate tools you already pay for in other dispatch apps.
The best fit depends on your typical project size, whether you need payments during construction and how your team presents financing. These are the main situations to consider:
Direct Pay & Promos
Stay with Momnt if:
Higher Ticket Volume
Choose GreenSky if:
Multi-Lender Network
Consider a Marketplace if:
Momnt’s direct-payment features may work well for contractors whose customers qualify through its lending partners. But a declined application can leave a homeowner without an affordable way to move forward. Having another financing option may help contractors serve customers with different credit profiles.
Contractor Financing Solutions (CFS) resolves this limitation through an automated multi-lender waterfall. By connecting to 30+ institutional lenders via a single digital pre-qualification application, CFS enables contractors to secure financing for homeowners across the full credit spectrum while keeping customer credit scores protected through soft inquiries.
Whether you are setting up contractor financing for the first time or looking for a secondary option to capture declined jobs, CFS helps you configure a program that fits your average ticket size and trade workflow.
Contractor Financing Solutions is a financial technology platform and loan marketplace, not a direct lender. Financing is issued exclusively by participating third-party financial institutions. Loan approvals, interest rates, maximum limits, and terms depend upon borrower qualification and lender underwriting parameters.
We compared the providers using six factors that matter to contractors: financing amounts and repayment terms, contractor fees, how and when funds are paid, availability of promotional plans, lender choice and compatibility with common contractor workflows. Published program details can change, and some pricing and eligibility requirements are provided only during enrollment. Confirm current terms directly with each provider.
Yes. Momnt actively onboards home improvement contractors, expanded merchant capabilities through a commercial partnership with Skeps in August 2026, and operates an ongoing merchant rewards program through 2026.
Momnt is a privately held financial technology company based in Atlanta, backed by institutional investors including TruStage Ventures. Loans are originated through partner financial institutions including Cross River Bank and Primis Bank, with loan servicing managed by Momnt Servicing Company.
Momnt charges zero enrollment fees and zero recurring monthly platform subscriptions. Per-transaction dealer discount fees vary based on the promotional loan plan selected by the borrower and are provided privately during merchant enrollment.
Yes. Contractors submit payment requests within the merchant portal, the homeowner confirms the release via instant text authorization, and funds settle directly into the contractor’s business account via same-day or next-day ACH.
Momnt finances projects from $3,100 to $75,000 with loan terms ranging from 24 to 180 months. Extended 15-year amortizations and maximum loan limits require tier-one merchant qualification.
Initial pre-qualification utilizes a soft credit inquiry that will not affect homeowner credit ratings. Selecting and executing a final loan agreement may result in a standard credit inquiry.
Under a true zero-interest plan, no interest charges accrue during the term. Under a deferred-interest promotion, interest accrues in the background from the purchase date and is billed retroactively if the principal balance is not paid in full before the promotional window closes.
GreenSky, Service Finance Company, Wisetack, and direct-settlement programs within Contractor Financing Solutions pay the contractor directly via ACH. In contrast, personal loan marketplaces like Acorn Finance and Hearth disburse funds straight to the homeowner, who then pays the contractor according to their contract terms.
Explore financing programs from 30+ participating lenders, including options that pay contractors directly. See which programs fit your projects, customers, and business.
Explore Contractor Financing OptionsCompany and product names belong to their respective owners. Mentioning a third-party provider does not imply affiliation or endorsement. This article is an editorial comparison published by Contractor Financing Solutions.
Contractor Financing Solutions is not a lender and does not make credit decisions. Financing is offered by independent participating lenders. Loan approval, available amounts, APRs, repayment terms, and funding timelines vary by lender, borrower qualifications, and applicable state requirements. Checking available offers uses a soft credit check that will not impact credit scores; a hard inquiry may occur only if a borrower chooses an offer and submits a full application. Non-recourse arrangements are subject to the applicable lender and contractor agreements and do not eliminate obligations arising from fraud, refunds, cancellations, or contractual disputes.
Estimate potential returns from offering customer payment plans.
Additional Monthly Revenue
Revenue: $90,000 → $120,000
Disclaimer: Results are estimates for illustrative scenario planning only and do not guarantee future revenue, approval rates, or closing percentages. Actual revenue will vary based on customer creditworthiness, project scope, lender terms, and merchant processing fees.
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