Today we are excited to share insights from our 2024 Canadian Homeowner Renovation Report, in partnership with Angus Reid. The study reveals that 94% of Canadian homeowners are planning to stay put in their current homes over the next year. Other key findings include: - 24% of homeowners cite the rising cost of living as a significant factor in their decision to stay. - 25% of Canadians are gearing up to embark on home renovations within the year. - Energy-efficient upgrades are a top priority, with 62% of homeowners planning to invest in these enhancements to save on utility costs. - 53% of those polled said they want to complete home renovations to improve the functionality of their home. 21% of those polled said they would be completing renovations to increase the value of their home. Dive into the full report to see how Canadians are preparing for the year ahead. https://lnkd.in/gY8XBxfj #Financeit #HomeRenovations #CanadianHomeowners #EnergyEfficiency
Financeit
Financial Services
Toronto, Ontario 30,338 followers
We simplify complex sales transactions for businesses and their customers.
About us
FinanceIt Canada Inc. ("Financeit") is one of Canada’s leading point-of-sale financing providers that serves over 10,000 home improvement, recreational vehicle, and retail businesses. Our platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement purchase. By partnering with leading OEMs, distributors and associations, we offer exclusive pricing, promotions and networking opportunities. Financeit was founded in 2011 and is based in Toronto, Canada. The company was amalgamated with Simply Group Financial Corp., SNAP Home Finance Corp., and certain assets of EcoHome Financial on October 5, 2023.
- Website
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https://www.financeit.io/
External link for Financeit
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Consumer Financing, POS Financing, Installment Loans, Payment Plans, Home Improvement, Cloud-based technology, Vehicle , and Retail
Locations
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Primary
8 Spadina Avenue
Suite 2400
Toronto, Ontario M5V 0S8, CA
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6360 NW 5th Way
Suite 103
Fort Lauderdale, Florida 33309, US
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3055 Blvd St Martin Ouest
Suite 5027
Laval, QC H7T 2Y8, CA
Employees at Financeit
Updates
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Meet Belle Cormier, our committed Office Facility Manager at Financeit. Belle is integral to maintaining our dynamic company culture, from coordinating unforgettable events to ensuring the office operates seamlessly. Discover more about her daily responsibilities and what she cherishes most about being part of the Financeit team in our recent blog post: https://lnkd.in/gnEGRhYK
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Financeit reposted this
We’re proud to announce we’ve increased our securitization facility to C$500 million. This was accomplished by an upsize in committed capital by CIBC and adding Concentra Bank, wholly owned subsidiary of Equitable Bank, as a lender to the facility. “This is an important milestone for Financeit given the incredible growth we have experienced and sets us up for future success as we scale the platform.” - Casper Wong, our co-founder and CEO. For more details, read the full press release here: https://lnkd.in/ghjHd3wQ #Financeit
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We’re proud to announce we’ve increased our securitization facility to C$500 million. This was accomplished by an upsize in committed capital by CIBC and adding Concentra Bank, wholly owned subsidiary of Equitable Bank, as a lender to the facility. “This is an important milestone for Financeit given the incredible growth we have experienced and sets us up for future success as we scale the platform.” - Casper Wong, our co-founder and CEO. For more details, read the full press release here: https://lnkd.in/ghjHd3wQ #Financeit
Financeit Announces Increase to its Securitization Facility to C$500 Million, Bringing Funding Capacity to Over C$2 Billion
newswire.ca
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As a partner of Financeit since 2016, Zorra Hot Tubs has been providing relaxation solutions for over three generations. Since partnering with Financeit, David Hough and his team have grown their business by 75% year-over-year by leveraging Financeit's direct application on their website and social media, making it easy for customers to access financing. Watch the video below to learn more: Video by Nicole Shapiro
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Thank you, Canadian Lenders Association, for awarding our Executive Chair, Michael Garrity, with the 2023 Executive of the Year title at the recent Bankers Summit! This accolade highlights CLA’s commitment to recognizing industry talent and supporting Canadian companies in the lending sector. #CanadianLendersAssociation #Financeit
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Our strong customer service team is invaluable, especially when it comes to supporting our 12,000+ merchant network. Our team not only helps in resolving issues promptly but also contributes to building trust and loyalty among our merchants. Explore stories that highlight our dedication to exceeding expectations and shaping innovative products at Financeit, providing you with a seamless and reliable financing experience. Read our latest blog post here: https://lnkd.in/gHR3dBfp
Customer-Centric Innovation: A Deep Dive into Financeit's Service Strategies | Financeit
https://www.financeit.io
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Serving Montreal homeowners since 1978, S&S Conversions has been providing quality HVAC installations, giving their customers peace of mind when it comes to the comfort of their homes. A Financeit partner since 2020, S&S have been utilizing financing to offer their customers a low monthly payment with no interest, reducing the resistance from closing a sale. To read more about how financing has impacted their business, check out our latest case study here: https://lnkd.in/gJ22Z5P9
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