by Christopher Liechty | Oct 23, 2014 | Finance, General Topics
Like all businesses, we generate questions that don’t have easy or obvious answers. The competition is always innovating and that creates pressure from the market to adapt, copy or justify sticking to our guns. For us, we’ve talked on this blog about staged funding...
by Christopher Liechty | Sep 30, 2014 | Finance
Though a fairly narrow specialty, there are two types of lenders in home improvement financing. The majority by volume are indirect lenders, a list of banks and finance companies that includes Medallion Bank. The majority by numbers are direct lenders. Direct lending...
by Christopher Liechty | Sep 12, 2014 | Finance
Well, in short…they’ll go up. But that’s the obvious answer. There’s a lot more to discuss. If you pay attention to the business or economics articles in the news, everything seems to be about the Fed. When will they raise rates? How will they...
by Christopher Liechty | Dec 5, 2013 | Finance
Our home improvement finance program is most effective when paired with a finance manager, and for good reason. The finance manager role is a time-tested way to optimize a financing operation. What started as a position created to comply with lending regulations in...
by Christopher Liechty | Nov 18, 2013 | Finance
When a regulatory body comes into conflict with industry powerhouses, fireworks are the result. And by fireworks, I mean a lengthy, sleep-inducing process punctuated by moments of double-speak and a complete failure to answer direct questions. Sorry. I just finished...