Benefits of Appliance Repair Financing

With Lendigo’s point-of-sale financing platform and multi-lender network, both your business and your customers can benefit from:

Alternative Financing Options

Traditional appliance repair loans from banks can be difficult for some customers to obtain. With Lendigo, you can connect your clients to alternative financing providers offering:

  • Low APR loans
  • Lines of credit
  • Installment loans
  • Buy now, pay later options
  • Personal loans
  • Split payments
  • Direct-to-consumer loans
  • Lease-to-own options
Competitive Edge

More customers are looking for convenient and flexible payment solutions that let them pay over time. By integrating Lendigo’s point-of-sale (POS) financing solution, your appliance repair business can attract clients seeking modern and stress-free ways to finance their repairs.

Offering alternative financing gives you a distinct advantage and positions your company as a forward-thinking leader in the appliance service industry.

Better Cash Flow

Lendigo’s stage funding feature supports your appliance repair projects by providing funds at key milestones — such as part acquisition or labor scheduling. This ensures steady cash flow throughout the repair process, eliminating the need to wait until the job is complete to get paid.

With faster access to capital, you can manage expenses more effectively and keep your operations running smoothly.

Higher Revenue

POS financing opens the door for more customers to proceed with necessary repairs, even if they can’t afford the full cost upfront. By offering flexible payment options that fit different budgets, you can increase the volume of approved jobs and enjoy a steady boost in revenue.

Client Acquisition

Lendigo’s flexible financing options align with your customers’ financial situations. When given the choice to buy now and pay later, clients are more likely to choose your appliance repair service over competitors that don’t offer such flexibility.

Customer Satisfaction

With financing options that reduce upfront financial pressure, your customers won’t have to postpone or forgo necessary appliance repairs. Paying in manageable installments makes the experience more convenient and less stressful — leading to greater satisfaction and stronger long-term client relationships.

Plan Smarter with Our Customer Calculator

Take the guesswork out of financing! Use our calculator to explore personalized loan estimates tailored to your customers' needs. Understand potential terms, payments, and APRs in seconds—and empower yourself to make confident decisions.

Your Estimated Loan Details in Seconds

Below are the estimated terms based on the information you provided. These results include potential monthly payments, APR, and loan terms, giving you a clear picture of what to expect when applying for a loan.

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Appliance Repair Services Eligible for Financing

Appliance repair professionals can close more service calls by offering financing on:

  • Refrigerator and freezer repairs
  • Washer and dryer maintenance
  • Oven, stove, and microwave servicing
  • Dishwasher diagnostics and repairs
  • Replacement of high-cost appliance parts
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Why Choose Lendigo for Your Appliance Repair Financing Needs?

Lendigo’s flexible financing solution helps transform your appliance repair business into a full-service provider, combining expert service with accessible payment options. Here’s why Lendigo stands out:

Our team ensures smooth integration of Lendigo’s cloud-based system into your existing operations. The setup typically takes less than an hour, so you can begin offering customer financing almost immediately.
Lendigo partners with a wide network of reliable lenders, offering various funding options, terms, amounts, and promotions. Our intelligent waterfall system automatically routes each application through multiple lenders — increasing approval rates. If one lender declines, the request is sent to the next, giving your customers more chances to secure financing.
Our network serves customers across the entire credit spectrum, from subprime to superprime. We believe that financial or credit history shouldn’t prevent people from getting essential appliance repairs. Lendigo’s multi-lender model helps ensure more of your customers can access the services they need.
Lendigo’s online financing application is designed for speed and simplicity. Customers can apply in minutes and receive instant on-screen results, helping them move forward with repairs without delay.
You focus on fixing appliances — we handle the rest. Lendigo’s lending partners manage underwriting, paperwork, and risk assessments, allowing you to concentrate on what you do best: delivering reliable, expert service.
To give your customers the best possible experience, we continuously improve our platform’s features, lender network, and security protocols — all at no extra cost to you.
Our team provides comprehensive onboarding and training, while our 24/7 IT support ensures your system runs smoothly at all times. We’re here to support your success from day one.