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Financing FAQ
Staci Mitchell avatar
Written by Staci Mitchell
Updated over 10 months ago

Please note the Wisetack Integration is only available to companies located in the United States.

In this help article, we'll address some of the most commonly asked questions about integrating with Wisetack for financing. Let's get started!πŸ‘‡

How do I add financing options?

Simply build your estimates as you normally would in PaintScout. Once you've connected the Wisetack integration, a financing banner will automatically show up on all estimates and invoices valued from $500 to $25,000. It's a convenient way to offer flexible payment options to your customers!


How much will this cost me?

Don't worry, it's quite affordable. If your financing application gets approved, it will only cost you 3.9% per transaction. That's it! No set-up fee, no flat fee per transaction, and no additional credit card processing fees on top of Wisetack's fee. We like to keep things simple and transparent for you.


How much will this cost my customers?

Well, that depends on the term length they choose and their eligibility. Your clients will have options with an annual percentage rate (APR) ranging from 0% to 35.9%. For example, if they make a $1,000 purchase, it could cost them $45.18 per month for 24 months at a 7.9% APR. Alternatively, they could choose $333.33 per month for 3 months at a 0% APR. It's important to note that all financing is subject to credit approval, and terms may vary. You can find additional terms at http://wisetack.com/faqs.


How does my customer get approved?

It's a breeze! When you send them a quote, they'll see an "as low as" monthly calculation right beside the total cost of the job. If they're interested in financing, they simply apply with Wisetack through a short application. They'll receive an instant response from Wisetack regarding their eligibility. It's quick, seamless, and hassle-free.


How long are financing options?

Once your customers get approved, they can choose to pay over a range of 3 to 60 months. We want to make it convenient for them to manage their payments and enjoy your services.


When do I get paid?

Once you've completed the job, and your customer confirms work has been done, you'll receive full payment, and the funds will arrive in your bank account within 2 to 3 business days.


Can my customers apply for financing after the estimate has been approved?

Of course! Even after they have approved the quote they will still see the financing banner and will still have the option to apply for financing.


Why can't I see Wisetack in my Integrations?

If you can't find the Wisetack integration in Your Profile > Integrations, don't fret! Our support team is here to assist you. Simply reach out via the chat in PaintScout or via email at support@paintscout.com, and we'll help you get set up.


We hope this information answers your questions and gets you excited about adding a financing option to your business! If you have any further questions or need assistance, don't hesitate to reach out to support@paintscout.com

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