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Thursday, May 19, 2022

ServiceTitan Partner to Finance Home Improvement Projects

Software developer ServiceTitan has partnered with Service Finance Co. to provide financing solutions to home improvement contractors.Financial terms of the deal between ServiceTitan in Glendale and Service Finance, in Boca Raton, Fla., were not disclosed.The collaboration provides contractors with greater flexibility for financing strategies and allows technicians in the field to provide a convenient, secure way to apply for financing and move forward with jobs, the company said.Ara Mahdessian, co-founder and chief executive of ServiceTitan, which makes software to help contractors such as plumbers schedule and organize their business, said the company’s goal has been to make contractors successful and the ability to offer financing is a huge key to success.“This relationship with Service Finance ensures that our customers have the freedom to create the financing strategy that’s best for them and also gives their techs the tools they need to make the financing process easier and more profitable,” Mahdessian said in a statement.Service Finance Co., a subsidiary of ECN Capital Corp., provides sales financing for purchase of products such windows, doors, solar installations, plumbing, roofing, insulation as well as heating, ventilation and air conditioning systems.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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