US fintechs Momnt and ChargeAfter partner to expand financing options for contractors
Momnt, a US fintech company specializing in real-time lending and payment solutions, has partnered with ChargeAfter, the embedded lending platform for point-of-sale financing, to provide home improvement contractors with a broader range of competitive lending options for their customers.
This partnership enables home improvement contractors using the ChargeAfter platform to offer Momnt’s diverse loan product selection to their customers, leading to increased approval rates and customer satisfaction.
“This partnership with ChargeAfter is a significant step in enhancing the financing options available to home improvement contractors,” said Chris Bracken, CEO of Momnt. “By integrating with ChargeAfter’s platform, we can provide contractors access to a wider range of competitive financing options, ultimately driving higher conversion rates and increased sales.”
Contractors leverage ChargeAfter’s platform to seamlessly connect to a network of lenders, and provide personalized financing options that meet diverse customer credit needs. With a single application, ChargeAfter’s waterfall technology instantly matches customers with the best-fit financing choices. This streamlined approach simplifies the financing process for both contractors and customers, which is particularly important for in-home service, where a secure and seamless experience helps create a comfortable interaction.
“We are thrilled to welcome Momnt to our network further expanding financing opportunities for home improvement contractors and their customers,” said Meidad Sharon, CEO of ChargeAfter. “This partnership will enable merchants to offer competitive prime lending solutions, making home improvement projects more accessible for homeowners. With ChargeAfter’s simple and easy-to-use user experience, post-sale capabilities, and advanced analytics, contractors can seamlessly manage the financing process while maximizing customer approval rates and sales potential.”
Momnt’s technology seamlessly integrates with ChargeAfter’s platform, offering homeowners access to a variety of flexible financing options that can be viewed without impacting their credit score.
