Acorn Finance partners with Joist
MassMutual -backed embedded home improvement lending platform Acorn Finance partnered with Joist , an EverPro solution, to embed financing offers from multiple lenders into the Joist mobile estimating and invoicing platform.
By embedding the Acorn Finance marketplace into their estimates and invoices, home improvement contractors and service professionals who use Joist can potentially grow sales by putting competitive financing offers in the hands of prospective clients at the point of sale. This is done at no cost and with no on-boarding effort for the small and midsized businesses (SMB).
“The strategic partnership with Acorn will enhance our solutions by empowering our users to offer multiple financing options to their customers during the estimating or bidding phase. We see a lot of potential to bring the power of the Acorn Finance marketplace to Joist and other EverPro solutions.” – Kevin Geiger, vice president of Business Development for EverCommerce.
Acorn Finance’s growing network of 12 lenders bid to provide financing for a homeowner’s projects to help consumers have more choices and lower rates. In 2021, the number of customers applying for loans through the Acorn Finance platform grew by 800%.
“Joist and EverPro are ideal partners for Acorn Finance.EverPro is driving digital transformation across multiple industries in the service profession, and Acorn is making financing simple, hassle-free and digital. By embedding our financing solution, Joist is putting an easy-to-use, no fee option in its user’s hands to provide homeowners more choices and better offers.” – Giri Addanki, founder and CEO of Acorn Finance.