In the Press

April 24, 2017

ServiceTitan Partners with TURNS Financing to Offer Second Look Financing

Home services businesses can now close a sale easier with the TURNS Financing Integration in the ServiceTitan Platform

August 16, 2016

TURNS Financing Introduces New Low Cost Lease-To-Own Program

Financing options for all types of equipment installations

December 07, 2015

TURNS Financing Introduces New Consumer Financing Program for Mr. Electric Customers

Financing options available for electrical installation and repair services

December 07, 2015

TURNS Financing Introduces New Consumer Financing Program for Mr. Rooter Plumbing Customers

Financing options available for plumbing services and products

December 07, 2015

TURNS Financing and Nortek Global HVAC Introduce New “Second Look” Consumer Financing Program

Subprime financing options available for new HVAC systems, repairs and installations

November 18, 2015

TURNS Financing and National Comfort Institute Introduce New Consumer Financing Program

Financing options available to new HVAC, plumbing and electrical systems, repairs and installations

November 02, 2015

TURNS Financing Introduces New Consumer Financing Program for Aire Serv Customers

Financing options available for new HVAC systems, repairs and installations

August 04, 2015

TURNS Financing Appoints New Senior Vice President of Business Development

Bob Maisel brings decades of experience to builing a consumer finance services company

January 28, 2013

Exploring Consumer Financing Options

The ability of consumers to obtain credit is an important driver of the U.S. economy, as it stimulates growth by allowing consumers to purchase items they may not be able to pay for with cash. Obtaining credit is especially important for those who need to purchase big-ticket items, such as heating and cooling systems.

October 15, 2012

TURNS Offers Online HVAC Lending Service

TURNS Financing Services, an HVAC industry financing liaison for contractors and their clients, has launched a financial assistance service for HVAC contractors and their clients. Through its online platform, TURNS connects contractors with a network of lenders offering a broad array of consumer financing options for clients seeking to purchase replacement HVAC systems for their homes.

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August 16, 2016

TURNS Financing Introduces New, Low Cost Lease-To-Own Program

ATLANTA, GA --(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company, today announced the introduction of a new Lease-to-Own program for equipment sales, with contractor fees similar to those offered by primary finance companies (approx. 5%). Contractors now have the ability to offer their “credit challenged” customers a way to pay for their equipment installation, without adding complexity to the application process. Applications can be submitted from any mobile device and decisions are made within minutes, with approval rates higher than traditional "second-look" financing.

 

“Most finance companies train their contractors to build the cost of financing into their sales price and to treat the cost as part of their marketing/operating expense. Contractors can seamlessly move from prime to subprime financing without having to erode their margins,” said Bob Maisel, Senior Vice President, TURNS Financing. "Contractors will now have the ability to get a second and third look for their customers, thus significantly increasing the chances of that customer getting approved for financing. This type of offering also helps those customers with a way to begin rebuilding their credit.  Customers with all credit histories will now have the opportunity to get into the system they really want."

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is to greatly simplify the consumer financing process for contractors, and provide a fair loan offer to every customer seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to our customers. www.turnsfinancing.com

 

©2016 TURNS Financing, All rights reserved.

December 07, 2015

TURNS Financing Introduces New Consumer Financing Program for Mr. Electric Customers

ATLANTA, GA & WACO, TX --(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company, today announced a new agreement to offer a subprime program for credit-challenged consumers to finance installation and repair services through the Mr. Electric® members of ProTradeNet® (PTN).

 

PTN serves as the vendor relations agency for The Dwyer Group’s family of franchise companies. PTN strives to continuously provide its members exclusive business opportunities with elite vendors by improving communications, leveraging buying power, and providing promotions, rebates and special pricing.

 

"We are very pleased to work with an industry leader like PTN that shares our desire for quality and customer service," said Bob Maisel, Senior Vice President, TURNS Financing. "Providing financing options to this underserved market of consumers enhances their commitment to their Mr. Electric members.  The availability of financing is a key component to serving the needs of these customers."

 

"We are excited about the opportunity to provide our Mr. Electric members with the unique benefits offered by TURNS Financing through our new financing program agreement," said Luke Stanton, PTN’s Vice President of Operations. "Their customers with less than ideal credit will now have access to a number of flexible finance options offered by TURNS, to accompany the best-in-industry services and products they have come to expect from the Mr. Electric name."

 

About Mr. Electric

Established in 1994, Mr. Electric is a global franchise organization providing electrical installation and repair services. Recognized by Entrepreneur Magazine among its "Franchise 500," Mr. Electric franchisees provide these services to both residential and commercial customers at 160 locations worldwide. Mr. Electric is a subsidiary of The Dwyer Group.

 

About ProTradeNet

ProTradeNet is a dedicated team, passionate about businesses, relationships, and transforming the franchise industry. PTN was founded by The Dwyer Group® in 2005 and serves as the vendor relations agency for its franchise companies. PTN is a platform that enhances the ability of its 2,100 members to construct and preserve successful relationships with elite vendors through its preferred vendor program. www.protradenet.com

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is two-fold: 1) To greatly simplify the consumer financing process for contractors and 2) To provide a fair loan offering for nearly every borrower seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to our customers. www.turnsfinancing.com

 

©2015 TURNS Financing, All rights reserved.

December 07, 2015

TURNS Financing Introduces New Consumer Financing Program for Mr. Rooter Plumbing Customers

Financing options available for plumbing services and products

 

ATLANTA, GA & WACO, TX --(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company, today announced a new agreement to offer a subprime program for credit-challenged consumers to finance products and services through the Mr. Rooter® Plumbing members of ProTradeNet® (PTN).

 

PTN serves as the vendor relations agency for The Dwyer Group’s family of franchise companies. PTN strives to continuously provide its members exclusive business opportunities with elite vendors by improving communications, leveraging buying power, and providing promotions, rebates and special pricing.

 

"We are very pleased to work with an industry leader like PTN that shares our desire for quality and customer service," said Bob Maisel, Senior Vice President, TURNS Financing. "Providing financing options to this underserved market of consumers enhances their commitment to their Mr. Rooter members.  The availability of financing is a key component to serving the needs of these customers."

 

"We are excited about the opportunity to provide our Mr. Rooter members with the unique benefits offered by TURNS Financing through our new financing program agreement," said Luke Stanton, PTN’s Vice President of Operations. "Their customers with less than ideal credit will now have access to a number of flexible finance options offered by TURNS, to accompany the best-in-industry services and products they have come to expect from the Mr. Rooter name."

 

About Mr. Rooter

Established in 1970, Mr. Rooter is the second largest full-service plumbing and drain cleaning company in the United States. Recognized by Entrepreneur Magazine among its "Franchise 500" and by Franchise Times Magazine as one of its "Top 200," Mr. Rooter franchisees provide services to both residential and commercial customers at more than 200 locations in the United States and Canada and more than 100 locations internationally through master licensees. Mr. Rooter began franchising in 1974 and is a subsidiary of The Dwyer Group.

 

About ProTradeNet

ProTradeNet is a dedicated team, passionate about businesses, relationships, and transforming the franchise industry. PTN was founded by The Dwyer Group® in 2005 and serves as the vendor relations agency for its franchise companies. PTN is a platform that enhances the ability of its 2,100 members to construct and preserve successful relationships with elite vendors through its preferred vendor program. www.protradenet.com

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is two-fold: 1) To greatly simplify the consumer financing process for contractors and 2) To provide a fair loan offering for nearly every borrower seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to our customers. www.turnsfinancing.com

 

©2015 TURNS Financing, All rights reserved.

December 07, 2015

TURNS Financing and Nortek Global HVAC Introduce New “Second Look” Consumer Financing Program

Subprime financing options available for new HVAC systems, repairs and installations.

 

ATLANTA, GA. & O’FALLON, MO.--(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company, today announced a new agreement to offer a “second look” program to help credit-challenged consumers finance products and services through the Nortek Global HVAC network of independent contractors.

 

Nortek Global HVAC offers a variety of energy-efficient comfort products for the residential, manufactured housing and light commercial markets, including central air conditioners, heat pumps, furnaces and unit heaters. These products offer some of the longest warranties in the industry as well as innovative technologies such as Micro-Channel coils and inverter-driven compressors. The company’s flagship brands include Frigidaire, Maytag, Broan, NuTone and Westinghouse.

 

"We are very pleased to work with an industry leader like Nortek Global HVAC that shares our desire for quality and customer service," said Bob Maisel, Senior Vice President, TURNS Financing. "Providing additional financing options shows Nortek Global HVAC’s commitment to helping contractors provide affordable, quality systems to a greater number of homeowners. As research shows, the availability of flexible financing is very important to all types of consumers making a major purchase."

 

"We are excited about the opportunity to provide our customers with the unique benefits offered by TURNS Financing through our new financing program agreement," said Bonnie Moore, program manager at Nortek Global HVAC. "A new heating and air system can be too expensive for many consumers with less-than-ideal credit. Thanks to this new partnership, our contractors will now have access to a number of flexible finance options offered by TURNS Financing so that they can help consumers acquire a new HVAC system. TURNS Financing is an excellent complement to the best-in-industry products and services we offer."

 

HVAC contractors and distributors who are interested in learning more about TURNS Financing and the new partnership with Nortek Global HVAC should contact TURNS at 866-748-4590 or visit www.turnsfinancing.com.

 

About Nortek Global HVAC (formerly NORDYNE)

Nortek Global HVAC has been designing and manufacturing reliable heating and cooling products for more than 95 years. The company focuses on creating genuine value for its customers through a unique combination of innovation, product performance and responsive support. Nortek Global HVAC and its subsidiaries build and sell HVAC systems under the Maytag®, Broan®, Frigidaire®, NuTone®, Westinghouse® and Reznor® brands, among others. To learn more about Nortek Global HVAC and its product offerings, please visit www.nortekhvac.com. 

Nortek Global HVAC is a subsidiary of Nortek, Inc. (Nasdaq: NTK) a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. Please visit www.nortek.com for more information.

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is two-fold: 1) To greatly simplify the consumer financing process for contractors and 2) To provide a fair loan offering for nearly every borrower seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to their customers. www.turnsfinancing.com.

 

©2015 TURNS Financing, All rights reserved.

November 18, 2015

TURNS Financing and National Comfort Institute New Consumer Financing Program

Financing options available for new HVAC, plumbing and electrical systems, repairs and installations.

 

ATLANTA, GA. & SHEFFIELD LAKE, OH. --(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company today announced a new agreement to offer a turn-key, "one-stop" solution with all credit histories to finance products and services through the member contractors of National Comfort Institute, Inc. (NCI).

 

NCI is an organization that provides heating, air conditioning, plumbing and electrical contractors with a focused offering of services and tools to help them improve their businesses, differentiate themselves, grow, and become more profitable. NCI accomplishes this through membership groups and by providing unique business management, sales, marketing and technical tools, training, support and coaching - all designed with the goal of helping HVAC professionals to differentiate their companies through measured performance, quality and value.

 

"We are very pleased to work with an industry leader like NCI that shares our desire for quality and customer service," said Bob Maisel, Senior Vice President, TURNS Financing. "Providing financing options to the widest breadth of credit quality customers shows their commitment to their member contractors, as research shows the availability of financing is very important to all these types of consumers making a major purchase."

 

"We are excited about the opportunity to provide our customers with the robust benefits offered by TURNS Financing through our new financing program agreement," said Steve McAleese, Director of Strategic Partnerships for NCI. "Our customers will now have access to a wealth of flexible finance options offered by TURNS, to accompany the best-in-the-industry products and services they have come to expect from our organization."

 

About NCI

NCI coined the phrase “Performance-Based Contracting™ which describes NCI's unique approach that originated with delivering measured performance in HVAC systems to consumers. This term was later expanded to further describe how contractors manage their businesses through accountability and measurable results. Performance-Based Contracting™ is as much about changing a company’s culture as it is proving that you did what you said you were going to do. www.nationalcomfortinstitute.com

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is two-fold: 1) To greatly simplify the consumer financing process for contractors and 2) To provide a fair loan offering for nearly every borrower seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to our customers. www.turnsfinancing.com

 

©2015 TURNS Financing, All rights reserved.

November 02, 2015

TURNS Financing Introduces New Consumer Financing Program for AireServ Customers

Financing options available for new HVAC systems, repairs and installations.

 

ATLANTA, GA. & WACO, TX. --(BUSINESS WIRE)-- TURNS Financing Services, Inc., a premier consumer financial services company, today announced a new agreement to offer a subprime program for credit-challenged consumers to finance products and services through the Aire Serv® members of ProTradeNet® (PTN). 

 

PTN serves as the vendor relations agency for The Dwyer Group’s family of franchise companies. PTN strives to continuously provide its members exclusive business opportunities with elite vendors by improving communications, leveraging buying power, and providing promotions, rebates and special pricing.

 

"We are very pleased to work with an industry leader like PTN that shares our desire for quality and customer service," said Bob Maisel, Senior Vice President, TURNS Financing. "Providing financing options to this underserved market of consumers enhances their commitment to their Aire Serv members, as research shows the availability of financing is very important to consumers making a major purchase."

 

"We are excited about the opportunity to provide our Aire Serv members with the unique benefits offered by TURNS Financing through our new financing program agreement," said Luke Stanton, PTN’s Vice President of Operations. "Their customers with less than ideal credit will now have access to a number of flexible finance options offered by TURNS, to accompany the best-in-industry services and products they have come to expect from the Aire Serv name."

 

About Aire Serv

Established in 1992, Aire Serv is a global franchise organization providing installation, maintenance and repair of heating, ventilation, air conditioning and indoor air quality systems. Recognized by Entrepreneur Magazine among its "Franchise 500," Aire Serv franchisees provide these services to both residential and commercial customers at more than 175 locations worldwide. Aire Serv is a subsidiary of The Dwyer Group. www.aireserv.com.

 

About ProTradeNet

ProTradeNet is a dedicated team, passionate about businesses, relationships, and transforming the franchise industry. PTN was founded by The Dwyer Group® in 2005 and serves as the vendor relations agency for its franchise companies. PTN is a platform that enhances the ability of its 2,100 members to construct and preserve successful relationships with elite vendors through its preferred vendor program. www.protradenet.com

 

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About TURNS Financing

TURNS Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. Our company strives to utilize technology to simplify in-home consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. Our mission as a company is two-fold: 1) To greatly simplify the consumer financing process for contractors and 2) To provide a fair loan offering for nearly every borrower seeking home improvement financing. We provide a range of credit products through programs we have established with a varied collection of affinity groups, local contractors, manufacturers, buying groups and industry associations to help create growth for our clients and offer financial flexibility to our customers. www.turnsfinancing.com 

 

©2015 TURNS Financing, All rights reserved.

August 04, 2015

TURNS Financing Appoints New Senior Vice President of Business Development

Bob Maisel brings decades of experience to building a consumer finance services company

 

ALTANTA, GA. -- TURNS Financing Services, Inc., today announced Bob Maisel to lead the overall development and execution of the company’s sales and marketing plans. As the Senior Vice President of Business Development, Maisel will continue to expand consumer finance subprime and prime offerings across multiple industries. He will play a key role in driving national sales and marketing strategies to generate revenue and will oversee key customer relationships with manufacturers, distributors and dealers.

 

"Bob’s wealth of experience and industry knowledge has already made him a key addition to the Turns Financing family. We view his position as a sign of our commitment to being one of the leading companies in our industry," said Thad Joseph, CEO and President of Turns Financing. "Our new technology combined with the increasing demand from our customers led us to look for an addition to our team who will fit in with our philosophy of innovation and exceptional service. I’m confident that Bob will play a key role in providing and implementing high quality solutions for our clients."

 

Maisel comes with a wealth of experience within the home improvement and HVAC industry, having spent the last 21 years at Synchrony Financial, formerly GE Capital, where he was instrumental in driving revenue and profitability growth, as well as managing numerous large manufacturer and distributor relationships.

 

"I am incredibly excited to start a new challenge with Turns Financing and look forward to working with the team to further enhance their existing consumer finance solutions," said Maisel. "They are an innovative leader in the industry, utilizing their technological advancements to react to customer demands quickly, efficiently and safely. I am fortunate to be joining a company that prides itself on top quality service." Maisel attended the University of Minnesota’s Carlson School of Management where he earned an MBA in marketing and a bachelor’s degree in marketing with a minor in economics.

 

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About TURNS Financing

Turns Financing was founded in 2011 and is managed by home improvement and banking professionals with more than 125 years combined experience. The company strives to utilize technology to simplify inhome consumer financing for contractors and to provide loan programs to the widest credit range of homeowners seeking to finance a home improvement project. www.turnsfinancing.com 

 

©2015 TURNS Financing, All rights reserved.

 

 

 

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