Renovate America, a provider of home-improvement financing, has launched a new online marketplace that offers home owners an easy-to-use, one-stop shop for browsing helpful renovation project advice, finding and selecting highly rated, quality-tested contractors, and comparing multiple financing options.
The new renovateamerica.com connects home owners to vetted, performance-monitored contractors in three states – California, Florida and Missouri – while also providing helpful tips on home-improvement projects that can save energy and water. Home owners can search by project type for contractors that do projects in their zip code and the surrounding area, and view a detailed profile page for each contractor.
While on the site, homeowners can also check their eligibility for HERO, the country's largest form of Property Assessed Clean Energy (PACE) financing, as well as Benji, Renovate America's unsecured home-improvement loan product for well-qualified borrowers. HERO rates can be as low as 2.99%, while Benji rates are competitive with credit cards and other forms of unsecured financing.
All contractors listed on the website must maintain a passing grade in the company's landmark Contractor Quality Rating (CQR) system to remain listed. In addition to the company's own behind-the-scenes vetting and rating system, the marketplace provides home owners access to each contractors' customer ratings from Google, Yelp and Facebook, directly in search results and on the contractor's storefront page. Currently, the average aggregate social-media score for contractors listed on the site is 4.2 stars.
The online marketplace also provides contractors the opportunity to showcase their business to tens of thousands property owners monthly. All contractors listed on renovateamerica.com receive their own virtual storefront, featuring their social-media ranking, as well as a summary information of the type and volume projects they have completed using HERO financing.
