Leaping into FinTech

By Emma Peterson. 

These new tech innovations coming out of Leap can boost your efficiency and simplify your sales process! 

In a new episode of Roofing Road Trips®, Craig Jones from Leap sat down with Karen Edwards to talk about innovation in roofing financial methods and technology. Craig joined Leap’s executive team a few months ago to help bolster their FinTech (financial technology) team. He explained, “The traditional way that we've handled financial services for contractors and dealers has been a little antiquated. What I work on is bringing a little bit of financial technology to enable our customers to be more effective is super important.” 

The concept of FinTech has been around for a while. It’s a bit of a general term, but it references the ability to make payments and lending transactions (for example, loans) over a digital space. This is something that can be incredibly helpful to businesses in the home improvement and construction industries as it allows for more efficiency and timely payments. This streamlining of processes is at the center of Leap’s mission. Craig explained, “At Leap, innovation is at the core of everything that we do, we believe that by constantly pushing the boundaries of technology, introducing technology, we can provide our contractors with the tools they need to succeed. Our goal is really to streamline the entire home improvement process from sales to financing to project management.” 

This is what has driven the development of services like their SalesPro program, which helps contractors to go through the deal, contract, estimation and proposal phases by providing integrated features like pricing and materials guides all in one place. Most recently, Leap has released a universal credit application. This is a powerful tool that helps contractors close more deals by creating a seamless, unified workflow along with providing their clients an elevated transparency and convenience experience.  

Craig shared a bit more, “We also have a critical feature, which is our universal credit app. What the universal credit app does is provide access to multiple lenders, so we have a lending marketplace where we partner with multiple lenders and allows you to have one single application. So, it gives contractors more options to access multiple lenders for their customers, so you can meet the unique needs of those customers.” This means that contractors’ clients only have to go through the lengthy loan application process once and receive multiple options, making the purchasing process easier and, subsequently, closing more deals for contractors. 

Read the transcript or Listen to the episode to learn more about Leap and how their innovative technology is improving the roofing world!