Experience the Blackstone difference and dream bigger with wholesale financing
Unlike most of our competitors in the area, we offer financing on all products! This is an excellent opportunity for you to invest in high-end, quality products without worrying about immediate out-of-pocket expenses.
Set yourself apart from the competition and attract more clients by utilizing financing to offer the very best to your clients.
Blackstone Carpets has teamed up with Acorn Finance to offer simple financing options
Maintaining, renovating, and improving your home’s functionality can be a great way to give your house a new look. If done the right way, certain types of renovations can add value to your home. Some of these improvements include outdoor installations, bathroom remodels, and kitchen overhauls. But did you know that upgrading your home’s flooring could also bump up the value of your home?
However, like most home improvement projects, floor renovations aren’t exactly cheap. According to Home Advisor, the typical costs of flooring installation can range from $1,496 to $4,464 with higher-end costs of up to $11,000. Factors such as the price of materials as well as the type of flooring that you want all come into play when financing these types of projects.
What is flooring financing?
If you don’t want to spend thousands of dollars of pocket money on your flooring needs, you should take advantage of flooring financing options available on the market. Nobody likes spending a lot of money in one go, right? Flooring financing gives homeowners the option to get the floors they love without breaking the bank. Generally, flooring financing falls under the umbrella of home improvement loans.
Home improvement loans are offered by banks, credit unions, and online lenders just to name a few. More often than not, home improvement loans are an unsecured personal loan with a fixed interest rate that you pay in monthly installments. Lenders come up with your loan terms based on your overall creditworthiness. So whether you’re applying for hardwood floor financing or looking to repair your carpet flooring, a personal loan for home improvement might be your best bet.
Does new flooring increase home value?
Are you just repairing a small section of your floor? Are you doing a complete overhaul of your flooring? Are you trying to replace your carpet flooring with hardwood floors? Increasing your home’s value, through renovating your floors, highly depends on the type of flooring project that you have in mind.
According to a survey conducted by the National Wood Flooring Association, real estate agents agreed that homes with hardwood floors are easier to sell and sell for more money — up to 10% more than an identical home without wood floors.
Can you apply for flooring financing with no credit check?
There are plenty of floor finance companies that offer an impressive array of financing options to choose from. You can even apply for floor financing with no credit check! For instance, online lenders that provide personal loans for home improvement usually offer pre-qualified offers in minutes with no credit score impact. At the end of the day, it all boils down to you informing yourself about the different options on the market so you can study a financing option that would best meet your needs.
What credit score is needed to get a flooring loan?
Individuals with a credit score of 580 and above can qualify for flooring loans. If you have credit challenges or a low credit score, you may not qualify for a substantial loan amount. In addition, you may be offered a high interest rate. If you have bad credit and get approved for a flooring loan we recommend taking it, as long as you can cover the monthly payment. Making on time payments can help improve your credit score so that you can qualify for a higher loan amount and lower interest rate in the future. PrimeRates has lending partners that can help all credit types secure flooring loans. Individuals can apply with a cosigner through PrimeRates to increase their chance of approval. If you use a cosigner they should have good credit and consistent income. Keep in mind, you will both be equally responsible for the loan. If you are unable to make a payment or payments, you should communicate with your cosigner. They may be willing to help cover payments until you can take back over. If you default on a personal loan with a cosigner, both of your credit scores will be affected.
Can you apply for flooring financing with bad credit?
When it comes to flooring financing, bad credit could definitely influence your overall application. Having bad credit could even affect your loan’s interest rates and your repayment period. If you have bad credit, there are options available for you such as unsecured personal loans and no credit check financing. Unsecured personal loans for flooring financing can be a great way to build your bad credit while no credit check loans provide you with a quick cash injection but with only a small amount of money. Before availing of no credit check loans, make sure to read all the terms and conditions carefully.