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Build It To Sell It Growth

Hard Work Won’t Scale A Business.. THIS DOES!

📅 December 22, 2025 ⏱️ 45:22 🎤 Lance Bachmann, Yigel Yarn

Chapters

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  • 0:00
    The Value of Financing
    Lance and Yigel discuss how offering financing can increase close rates and improve customer experience in home improvement sales.
  • 2:08
    Expert Advice and Data
    Yigel explains how Green Sky's extensive data helps them provide insightful recommendations to contractors, emphasizing the importance of trusting experts.
  • 5:39
    Simplifying Financing Options
    They recount how streamlining financing options from 12-18 to just 4-5 plans dramatically improved their business's financing adoption and growth.
  • 11:24
    Overcoming Contractor Resistance
    Yigel addresses why some contractors resist offering financing, often due to ego or a misconception that all customers pay cash.
  • 17:31
    Sales Strategy: Price vs. Value
    Lance and Yigel discuss the folly of competing solely on price and advocate for offering value and a five-star experience, supported by financing.
  • 23:24
    Financing as a Necessity
    They highlight that financing is not just for big-ticket items but is offered for nearly everything, making it essential for contractors to offer flexible payment plans.
  • 30:27
    Getting to Finance Early
    The hosts explain how introducing financing options within the first 15-20 minutes of a sales call significantly boosts close rates.
  • 46:53
    Biggest Contractor Mistakes
    Yigel identifies common mistakes contractors make, including overthinking strategies and failing to build a strong leadership team, beyond just financing.

Speakers

L
Lance Bachmann
Host
Y
Yigel Yarn
Green Sky

Key Takeaways

Prioritize offering financing: Leading with financing, even for smaller projects, can significantly increase your close rates and make your services more accessible to homeowners.

Simplify your financing plans: Instead of overwhelming customers with numerous options, offer a few well-structured financing plans. Data suggests that most customers gravitate towards a select few.

Trust expert data over ego: Be open to recommendations from financing experts like Green Sky; their aggregated data often reveals optimal strategies that individual contractors might miss due to limited personal experience.

Bake financing costs into your pricing: Don't view financing fees as a loss. Incorporate them into your overall pricing structure. Homeowners are often willing to pay a bit more for the affordability and flexibility of monthly payments.

Address financing early in the sales process: Introduce financing options within the first 15-20 minutes of a sales consultation. Data shows that delaying this discussion can drastically reduce your close rate.

Focus on value, not just price: Competing solely on being the cheapest is a losing strategy. Emphasize the value, quality, and five-star experience you provide, using financing as a tool to make that value affordable.

Build a strong leadership team: The episode stresses that a solid leadership team is fundamental for scaling a business and is even more critical than specific tools or strategies like financing or CRMs.

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