Effective October 1, 2021, EnerBank USA ("EnerBank") merged with and into Regions Bank. Learn more here

5 Ways Our Technology Can Make You More Efficient

Posted June 14, 2023 by EnerBank USA

5 Ways Our Technology Can Make You More Efficient

You’re busy, and it may be difficult for you to manage everything you have going on at any given point. The last thing you need is just “one more thing to worry about.” But if this is the reason you’ve put off adding payment options to your business, we have good news for you!

Here at Regions | EnerBank USA, we’ve designed our technology specifically for home renovation, because we understand your industry. So, while it may technically be an “extra step,” our goal is to keep things as efficient as possible. Here are just five of the ways we can help your business processes be more effective.

  1. PartnerPortal

    You’re on the go, and so are many members of your team. Plus, your job happens outside an office and the usual 9 to 5, meaning reliable access to the info you need is crucial. That’s why we created PartnerPortal, an account management tool that’s available for both your desktop and mobile device. Using PartnerPortal makes it easy to get on with the job and get your money. This is because your customers’ loans are all handled in the interface so you can constantly improve your overall performance in an efficient way.

  2. Paperless Application Methods

    With permits, contracts, and more surrounding every job, you don’t want to add more paperwork to the pile — which is why we’ve developed three paperless application methods for your customers. This includes our Mobile Loan App, Online Loan Application, and Loan-by-Phone. These application methods let your customers get a credit decision while your salesperson is still in the home, making it more likely they’ll select you for the job.

  3. Express Credit Decisions

    Once the customer completes the application, they can receive a credit decision quickly, usually within minutes. Our internal research shows that customers who are approved for an EnerBank loan complete the project with that same contractor 94% of the time. That’s some awesome “stickiness” for your business! If more information is needed, it can be handled quickly while the salesperson is still with the customer, or links can be sent to the homeowner to complete the process.

  4. Fast Payments

    Getting the funds you need throughout the project is easy. During the application, your customer will select whether they want to respond to fund requests via phone call or text, and will sign only one time. When you’re ready, simply use PartnerPortal to ask for funds. The customer will then approve it using their preferred method. Once approved, we’ll transfer the funds directly to your account, usually within 24 hours in most cases. This puts you in control of your cash flow and saves you time by not having to chase down signatures.

  5. PreQualify

    Improve your customer’s experience by adding convenient banners to your website or links in your emails. Minimal coding is required, and you can easily request them as a part of your loan program. These tools allow you to collect better qualified leads and can help your customers know how much of a loan they may qualify for through PreQualify. This means less time chasing down leads and more time getting to work.

Making Your Business More Efficient

The best part of these tools is that there’s no additional cost to use them. Hopefully now you can see how our technology is a value to your sales process, not a hinderance. If you’re interested in joining a loan program and becoming more efficient, fill out the form on this page or visit our website!


Recent Posts