Home Renovation Financing Made Simple
At Canadian Financial, we empower contractors and renovation professionals to close more deals by offering flexible financing options to homeowners. Whether your clients are upgrading kitchens, finishing basements, or planning full-scale remodels, our Home Renovation Financing solutions make it easy for them to say “yes” — and even easier for you to get paid upfront.
Market Trends & Insights Buy Now, Pay Later (BNPL) and POS financing usage in Canada has grown significantly, with 1 in 3 Canadian consumers having used a flexible payment plan in the last year. According to Equifax, BNPL adoption increased by 32% in 2023 alone, especially among home service providers, retailers, and health-related businesses. Businesses that offer POS financing report a 20–50% increase in conversion and up to 30% growth in average ticket size. Offering financing is no longer a competitive edge — it’s becoming a customer expectation.
Tailored Solutions for Contractors
Offer financing plans built specifically for renovation projects — from small upgrades to full home overhauls.
Fast Approvals & E-Signatures
Get financing decisions in minutes with digital applications and secure online agreement signing.
Boosted Homeowner Confidence
Flexible monthly payments make large renovation budgets feel manageable and realistic for your clients.
Upfront Payment for You
You get paid in full once the loan is approved — while the client pays over time.
Why Homeowners Are Financing Renovations More Than Ever
Canadian homeowners are prioritizing quality, comfort, and modern upgrades — but cost remains a key barrier. By offering monthly payment plans with no hidden fees or complex terms, your renovation business stands out as trustworthy, affordable, and convenient. Our financing removes friction so you can close more jobs with confidence.
The Renovation Financing Advantage
Homeowners are 2x more likely to commit to a renovation when flexible payment options are available.
Projects over $10,000 see faster approval rates and fewer objections when financing is presented early.
Upfront payments mean zero cash flow disruptions for contractors.
Over 60% of Canadians say they would renovate more if affordable monthly plans were offered.
Digital workflows speed up applications, approvals, and payments — reducing delays and increasing satisfaction.
Why Canadian Businesses Are Embracing POS Financing
We make it simple to set up and start offering point-of-sale financing — with full support every step of the way. Launch faster, close more deals, and stay in control. No technical skills needed — we handle the heavy lifting so you can focus on growing your business.
BNPL and POS financing usage
in Canada has grown over 30% year-over-year, especially in home improvement sectors.
1 in 3 Canadian homeowners
used BNPL or flexible financing options in the past year — and demand continues to grow.
Nearly 60% of homeowners
say financing availability influences whether they proceed with a renovation quote.