Best Home Improvement Financing Companies

SoFi provides a range of modern financial products and services to assist individuals in borrowing, saving, spending, investing, and protecting money. It aims to achieve financial independence and realize ambitions such as home ownership, retirement savings, and student loan repayment. The company was founded in 2011 and is based in San Francisco, California.

LendingClub (NYSE: LC) offers an online peer-to-peer lending platform. The company offers a range of services including personal loans, auto refinancing, and full-service banking, providing customers with options for borrowing, spending, and saving. It primarily serves the banking and lending sectors. The company was founded in 2006 and is based in San Francisco, California.

Acorn Finance is a lending marketplace focused on home improvement financing. The company provides a platform where borrowers can compare and choose the best lending rates, contractors can offer financing options to their customers, and software providers can integrate Acorn Finance's solution into their services. The company primarily serves the home improvement industry. Acorn Finance was formerly known as Headway Sales Inc.. It was founded in 2017 and is based in Sacramento, California.

EnerBank USA is a national consumer lender committed to helping strategic business partners and home improvement contractors increase sales and helping homeowners realize their home improvement dreams. Strategic business partners include manufacturers, distributors, franchisors, associations, and major retailers of home improvement, remodeling, and energy-saving products and services. As a highly specialized FDIC-insured bank, home improvement lending is EnerBank's only business. On June 8th, 2021, EnerBank USA was acquired by Regions Financial at a valuation of $960M.

GreenSky operates in the consumer finance marketplace. The company engages in the home improvement, retail, and healthcare industries offering buy now, pay later (BNPL) services. GreenSky serves individuals looking for short-term lending facilities. The company was founded in 2006 and is based in Atlanta, Georgia.

Hearth is a technology company focused on providing financial and business management solutions within the home improvement sector. The company offers a suite of digital tools that facilitate contractor financing, sales process optimization, and client management, designed to streamline operations and enhance business growth. Hearth's software is tailored to serve professionals in various home improvement industries, such as roofing, HVAC, and plumbing, among others. It was founded in 2016 and is based in Austin, Texas.

Prosper operates as a financial technology company. The company offers a range of financial solutions including personal loans, credit cards, and home equity lines of credit, which are designed to support customers in consolidating debt, financing home improvements, covering healthcare costs, and enhancing their financial well-being. Prosper primarily serves individuals across the credit spectrum, providing them with affordable financial solutions. Prosper was formerly known as Auto Quick Invest. It was founded in 2005 and is based in San Francisco, California.

Renofi provides home renovation loans. It facilitates loan products designed to help homeowners finance their renovation projects. It includes home equity loans and lines of credit, which allow homeowners to borrow against the future value of their home after renovations. The company primarily serves homeowners looking to finance their home renovation projects. It was founded in 2018 and is based in Philadelphia, Pennsylvania.

Service Finance Company (SFC) is a nationally licensed sales finance company and an approved FHA Title I Lender. SFC provides installment loan solutions with favorable consumer interest rates and extended repayment terms for borrowers who wish to finance purchases of products such as: HVAC, Windows, Doors, Solar, Roofing, and Insulation. On August 10th, 2021, Service Finance Company was acquired by Truist at a valuation of $2B.

Tandem Bank is a digital bank offering mortgages, credit cards, and savings products in the UK. It supports its consumers transitioning into carbon-neutral lifestyles with products such as green home improvement loans, EV motor financing, and EPC discount mortgages, specializing in savings, lending, and green consumer finance. The company was founded in 2013 and is based in Blackpool, United Kingdom.

Upgrade is a financial technology company operating in the consumer credit sector. The company offers services such as personal loans, credit lines, and rewards checking and premier savings accounts, all aimed at helping customers access and manage credit. Their primary market includes families across America. It was founded in 2016 and is based in San Francisco, California.

Wisetack operates as a financial technology company specializing in consumer financing solutions for service-related industries. The company offers point-of-sale financing options that enable customers to pay over time for services such as home improvement, auto repair, dental care, and veterinary services, without the need for extensive paperwork or hidden fees. Wisetack primarily serves sectors that provide essential real-life services to consumers. It was founded in 2018 and is based in San Francisco, California.