Do Roofing Companies Finance?

Are you prepared to pay for a roof replacement? If not, you have options!

Your roof is a major investment. So when something goes seriously wrong, and you’re in need of a new roof, it can be tricky to finance the roof replacement or major repair you need to restore your home. There are many options you have to pay for your roofing project, including cash from savings, insurance coverage, and home equity loans. But what you may not have known is that, yes, many roofing companies do finance roofing work as well!

Dolan Roofing has partnered with Sunlight Financial to help make financing your roofing project easier. While not all roofing companies offer financing options, we do so to alleviate some of the headache that comes along with needing to replace your roof unexpectedly. Here are some of the things you should know about financing a roofing project!

Why do roofing companies offer finance options?

Not all roofing companies offer financing options. However, many do, as there are several reasons why this benefits roofing customers. First, we know that replacing or repairing your roof can be a stressful process. Offering direct financing options can help take an extra headache off your plate, as you’ll no longer need to seek out a lender or financing company on your own.

Additionally, roofing companies will typically vet their finance partners very thoroughly, picking only the one they know will provide their customers with excellent payment options. These options can often beat those offered by banks, such as with lower interest rates, minimal upfront payments, and fewer hidden fees. 

Do I need financing for my roof?

Roof financing won’t be necessary in all cases! Sometimes, homeowners will have a home improvement savings fund socked away specifically for major renovations and projects. However, this simply won’t be true for many homeowners, as it’s difficult to set aside the necessary funds for something as major as a roof replacement.

There’s also a chance that your roof repair or replacement will be covered by your insurance provider. For example, if your roof is relatively new (and within its expected lifespan), your provider is more likely to cover repairs. This can depend on the type of damage done to your roof, however—while most insurance will cover things like fires or fallen branches, coverage for hail and wind damage may vary. If you lack the necessary savings and you aren’t covered, chances are financing will be a wise move!

Why partner with a roofing company that offers financing options?

Even if you don’t need it for your next roofing project, it’s often a good idea to ask roofers whether they offer financing options. Establishing a long-lasting partnership is a good move in general, and chances are you may need to finance your roof the next time something happens to it. If you’re able to partner with one a roofing company that offers financing, it’ll save you the trouble of finding alternate payment options down the line!

Dolan Roofing Offers Financing Through Sunlight Financial

Here at Dolan Roofing & Construction, we’re constantly striving to make the entire roofing process as painless and straightforward as possible. As part of those efforts, we’ve partnered with Sunlight Financial* to provide our customers with flexible options to pay for necessary roof repairs and replacements. 

Why Sunlight Financial? We chose them because they offer: 

• Pre-qualification that doesn’t affect your credit
• Payments that fit your budget
• Financing from $1,000 to $100,000
• Financing without using home equity
• No prepayment penalties

If your roof has been damaged by recent storms, or if you’re looking to upgrade your home and not sure how to pay for a new roof, Dolan Roofing & Construction in San Antonio has you covered! Contact us today to discuss payment options for your new roof.

*Subject to credit approval. Ask for details.