Flooring contractor financing that helps you close more residential bids. Offer homeowners monthly payment options on hardwood, tile, luxury vinyl plank, and carpet installations to maximize your ticket sizes.
Flooring financing for contractors lets you offer homeowners monthly payment options on hardwood, luxury vinyl plank (LVP), tile, carpet, and whole-home flooring replacements, including subfloor repair, while participating lenders fund the loans and collect the payments.
Contractor Financing Solutions gives your flooring business a personalized financing application that reaches 30+ participating lenders. A homeowner can check offers in your showroom, at the kitchen table after you measure, or from the written quote you email that evening. Depending on the program, the lender pays your company when the loan funds, or pays the homeowner, who then pays you under your contract.
Because the financing is non-recourse, the lender generally assumes the homeowner’s repayment risk, subject to the applicable agreements. Your estimators keep measuring rooms and pulling samples, and your installers keep tearing out old carpet and laying plank, without anyone in your office chasing monthly installments.
Give customers payment options during the estimate. Homeowners can check available financing offers while reviewing your proposal, potentially reducing delays caused by having to arrange financing separately.
Choose a funding option that fits your business. Some programs pay your company directly when the loan funds, while others fund the homeowner. Staged funding may also be available for larger projects. Participating lenders handle monthly repayments.
Offer financing to customers with different credit profiles. The lender network includes programs for a range of credit histories, with some lenders considering scores starting around 570. Approval, loan amounts, and terms depend on each lender’s requirements.
Financing slots into the sales process you already run: the in-home measure, the sample review, and the written quote. The homeowner types their own information into the online application, so your estimators and showroom staff never collect pay stubs or Social Security numbers.
Funding timing depends on the lender and program. Some release funds after the loan is signed, some after the install is complete, and some in stages on bigger jobs, such as after demolition and subfloor prep and again after final trim. Some loans fund in as little as 24 hours, depending on the lender. Confirm funding before you place a special order for wide-plank hardwood, commit pallets of porcelain tile, or mark the job as paid.
One room of new floor is often a manageable purchase. A whole level is a different conversation. HomeAdvisor puts the average hardwood installation at $4,723, but its own square-footage estimates run from $10,000 to $36,400 for 1,500 square feet of hardwood. A homeowner who could write a check for one bedroom may not want to drain savings to redo the entire first floor.
Without a payment option, customers tend to shrink the job. They do the living room now and the hallway “later,” switch from engineered oak to a cheaper laminate, or skip the stair nosings and quarter round that make an install look finished. Showing a monthly figure next to the full price lets your salesperson present the project the homeowner actually wants, with both numbers on the table.
Financing also helps when the scope grows after tear-out. If your crew pulls up old vinyl and finds water-damaged plywood, the homeowner already has a way to cover the change order instead of pausing the job. Offering financing on every estimate, not only the big ones, keeps the pitch consistent across your sales team.
The examples below show how the loan term affects the monthly payment and total interest on project sizes common in residential flooring, from a few rooms of LVP to a whole-home hardwood replacement. They use a hypothetical fixed 14.99% APR with no fees. Real terms depend on the lender, the borrower’s qualifications, and the loan amount, and not every lender offers both terms.
| Project Amount | 60-Month Payment | Total Interest (60 mo.) | 120-Month Payment | Total Interest (120 mo.) |
|---|---|---|---|---|
| $5,000 | About $119/mo | About $2,135 | About $81/mo | About $4,676 |
| $10,000 | About $238/mo | About $4,271 | About $161/mo | About $9,353 |
| $22,000 | About $523/mo | About $9,396 | About $355/mo | About $20,576 |
| $40,000 | About $951/mo | About $17,083 | About $645/mo | About $37,411 |
Examples assume a fixed 14.99% APR, no fees, and full financing of the stated project amount. These are mathematical illustrations, not loan offers or guaranteed terms. Actual loans may include fees that affect the amount received or the total cost of borrowing.
For the $22,000 job, stretching the loan from five years to 10 cuts the monthly payment by about $168 but adds about $11,180 in total interest. With a real customer, show only the offers a lender actually makes.
Flooring jobs look simple on a quote and get complicated once the old floor comes up. A typical replacement involves furniture moving, tear-out and haul-away, moisture testing, subfloor leveling or repair, underlayment, the install itself, transitions, and base or shoe molding. Bringing up financing at the first measure gives the homeowner a way to cover the full scope, including the parts nobody can see until demo day.
Financing tends to come up in these flooring situations:
Subfloor work can change a flooring budget after the quote is signed. HomeAdvisor puts subfloor replacement at $3 to $10 per square foot, with an average of $1,560 for a 300-square-foot room. Writing a subfloor contingency into your estimate, and telling the homeowner up front that financing can cover it, makes the change-order conversation much easier when your installer finds delaminated plywood or a dipped joist bay under the old carpet.
Flooring prices depend on the material and grade, square footage, the number of rooms and transitions, stairs, tear-out and disposal of the old floor, subfloor condition, and local labor rates. Carpet replacement averages $1,777, while hardwood across a larger home can run well into five figures.
The table below lists typical installed costs for common residential flooring projects. These are national estimates from HomeAdvisor and Angi that include materials and labor. They are not quotes for any specific home.
| Flooring Type or Project Scope | Typical Installed Cost |
|---|---|
| Hardwood flooring installation Solid or engineered; $6 to $25 per square foot | $2,469 to $7,034 per project |
| Whole-home hardwood (1,500 sq. ft.) | $10,000 to $36,400 |
| Vinyl or luxury vinyl plank (LVP) LVP runs $3 to $10 per square foot installed | $1,007 to $4,050 per project |
| Tile floor installation Ceramic, porcelain, or stone; larger projects can reach $6,000 | $800 to $3,000 per project |
| Carpet replacement | $780 to $2,812 per project |
| Laminate flooring installation | $1,471 to $4,656 per project |
| Subfloor replacement Based on a 300-square-foot room | $900 to $3,000 |
Sources: HomeAdvisor (June 2026) for hardwood, vinyl and LVP, carpet, laminate, and subfloor costs; Angi (August 2026) for tile. When comparing flooring quotes, check whether furniture moving, tear-out and disposal, moisture testing, floor leveling, underlayment or vapor barrier, stair treads and nosings, transitions, and new baseboard or shoe molding are included.
Customers replacing floors usually have a few ways to pay. Knowing the basics of each helps your salespeople answer questions at the measure or in the showroom without stepping into the role of financial advisor.
| Payment Method | How It Works | When It May Fit |
|---|---|---|
| Cash or savings | The homeowner pays your deposit and final invoice from their own funds. There’s no application, no credit check, and no interest. | A single bedroom of carpet, a small bathroom tile floor, or homeowners who can cover a larger job and still keep an emergency fund |
| Credit card | The homeowner charges the deposit or the full job to an existing card. Interest builds if the balance isn’t paid off within the grace period, card limits may not stretch to a whole-home job, and your business may pay processing fees. | Material deposits, small repairs, or one-room installs the homeowner can pay off quickly |
| Home equity line of credit (HELOC) | A revolving line secured by the home. The lender reviews credit and the home’s value before the homeowner can draw funds. Rates are usually variable, and closing can take 45 to 60 days with traditional lenders. | Larger remodels where flooring is one piece of a bigger project and the homeowner has equity and time to wait |
| Independent personal loan | The homeowner applies for an unsecured loan on their own through a bank, credit union, or online lender. Rates, fees, limits, and how funds are paid out vary by lender. | Homeowners who already have a relationship with a bank or credit union and prefer to borrow there |
| Contractor-offered financing | The homeowner applies through your personalized financing link and compares offers from participating lenders. When the loan funds, payment goes to your company or to the homeowner, depending on the program. | Multi-room and whole-home installs up to $100,000 when the homeowner wants to see monthly payments before picking a product and install date |
Your team can walk through these options without telling a homeowner which one is right for their finances.
Some participating lenders work with borrowers whose credit is less than perfect, including some that consider scores from about 570. Approval is never guaranteed. Lenders look at credit history, income, debt-to-income ratio, and other factors, and since each lender uses its own criteria, one application lets a homeowner see whether any of them has an offer. Loan amounts, APRs, and terms can differ widely from one offer to the next.
If the offer comes in below your quote, talk through honest ways to close the gap. The homeowner might put cash toward part of the job, choose LVP or laminate instead of solid hardwood, or start with the main living areas and schedule bedrooms for later. Don’t let anyone skip the subfloor repair, moisture mitigation, or underlayment the installation requires, since those protect the floor and your warranty. Your team should never coach a customer to overstate income or change anything on the application.
Contractor Financing Solutions lets flooring installers and retailers offer third-party customer financing without building an in-house program. The setup follows how flooring is actually sold: samples and measures first, then a quote, then an install date that depends on material arriving.
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Flooring financing for contractors gives your customers a way to pay for hardwood, LVP, tile, carpet, and whole-home replacements over time, with funds going to your company or to the homeowner when the loan funds, depending on the program. Participating lenders make the credit decisions and collect the payments, so your sales team can put a monthly number on every flooring quote while your business stays out of the lending side.
Disclosure: 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 won’t 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. All project costs and payment illustrations are examples, not guaranteed prices or offers of credit.
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.
Offer monthly payments to homeowners in three simple steps, without becoming a lender or handling customer loan payments.
Share your link by text, email, estimate, or in person. Homeowners complete one quick application to explore offers from multiple lenders, starting with a soft credit check that won’t affect their credit score.
Every estimate you send without a monthly payment option is a deal you’re leaving to chance. Get started with Contractor Financing Solutions and give your next homeowner an easier way to say yes.
