Snap Financial
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $60.0m | Growth Equity VC | |
$511m Valuation: $511m | Acquisition | ||
* | N/A | Acquisition | |
Total Funding | $60.0m |
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Recent News about Snap Financial
EditSnap Financial provides innovative financing solutions for homeowners through an extensive dealer network across the United States and Canada. The company primarily serves the HVAC (heating, ventilation, and air conditioning), plumbing, water treatment, roofing, and door window industries. By partnering with dealers in these sectors, Snap Financial enables homeowners to access financing options that make essential home improvements more affordable.
Snap Financial operates in the home improvement financing market, targeting homeowners who need financial assistance for various projects. The business model revolves around collaborating with industry partners to offer tailored financing plans that meet the specific needs of their customers. This approach not only helps homeowners manage the costs of their projects but also supports dealers in closing more sales by providing attractive payment options.
Revenue is generated through interest on the financing plans provided to homeowners, as well as potential fees associated with the financing services. By ensuring that their partners stay at the forefront of how their industry presents and takes payments, Snap Financial maintains a competitive edge in the market.
Keywords: homeowner financing, HVAC, plumbing, water treatment, roofing, door window, dealer network, home improvement, payment solutions, Canada, USA.