Issue link: https://resources.greenskycredit.com/i/1470484
The old way Bonfe Plumbing, Heating and Air Service's previous financing provider required lots of walk customers through the application process, on the website or the phone," said Mr. Daubanton. "Once we got the loan approved, we had to go back and get the paperwork signed. Customers would often change their mind. It got to the point where I almost didn't want to finance people because there was so much paperwork to do," he concluded. Introducing GreenSky ® Then, Operations Manager Aaron Daubanton heard about the GreenSky® Loan Program1 at a meeting and presented the idea of switching to Bonfe's GM and CFO. "The company had previously gone paperless, with all sales people and technicians using iPads," Mr. Daubanton said. "GreenSky's paperless application process fit perfectly. Once they saw how well it worked, they were all in." Getting started was easy. The company received training from GreenSky and determined Daubanton. The results "The ease of the GreenSky process has brought in a lot more work. I would estimate five to 10 percent in additional sales," Mr. Daubanton said. "Currently, about 60 percent of our big ticket jobs, ranging from $8,000 to $15,000, are financed through GreenSky. Being able to do the financing right then and there produces more sales. It's like when you go to buy a car, we just quote the monthly payment." Even more business Now, the company is getting additional work from existing GreenSky customers. "GreenSky often approves customers for more than the amount requested," said Mr. Daubanton. additional work. Based on a report we get from GreenSky, we call to see if there are any needs that we can take care of for them. Currently, we're seeing about a 20% success rate. That's extra business and more satisfied customers." About Bonfe Plumbing, Heating & Air Service Inc. Founded in 1993, Bonfe is a family owned and operated business in the Twin Cities area heating, cooling, drain cleaning, electrical, indoor air quality and appliance repair services. According to Operations Manager Aaron Daubanton, one roof than our competitors, so customers don't have to waste time finding a qualified contractor for every repair." GreenSky ® Case Study Bonfe Plumbing, Heating & Air Service Inc. Cashion Case Study 2024 Loans for the GreenSky ® consumer loan program are provided by Synovus Bank, Member FDIC, NMLS #408043, without regard to age, race, color, religion, national origin, gender, disability, or familial status. GreenSky Servicing, LLC services the loans on behalf of your lender, NMLS #1416362. www.nmlsconsumeraccess.org. GreenSky ® is a registered trademark of GreenSky, LLC and is licensed to banks and other financial institutions for their use in connection with that consumer loan program. GreenSky Servicing, LLC is a financial technology company that manages the GreenSky ® consumer loan program by providing origination and servicing support to banks and other financial institutions that make or hold program loans. GreenSky, LLC and GreenSky Servicing, LLC are not lenders. All credit decisions and loan terms are determined by program lenders. To learn more about the GreenSky ® Loan Program, call 800-357-1558 or visit GreenSky.com.