Momnt, a financial technology company, has announced a collaboration with IKO, a manufacturer of residential and commercial roofing products, to offer preferred financing rates and solutions to IKO ROOFPRO members.
The partnership aims to equip IKO ROOFPROs with Momnt’s financing platform, enabling them to provide flexible payment options to homeowners. This initiative is designed to help roofing professionals better serve their customers’ financial needs.
Under this strategic agreement, IKO ROOFPROs will gain immediate access to exclusive rate cards, a diverse selection of credit products, and Momnt’s digital platform. The program also includes special promotions with reduced fees as an added benefit for members.
Adam Goodman, Vice President of Partnerships at Momnt, stated, “This collaboration underscores our commitment to empowering businesses with flexible, accessible financing. By working with the IKO ROOFPRO program, we’re confident we’ll enhance their service offerings and directly boost the financial success of roofing professionals.”
The Momnt platform offers IKO ROOFPROs several advantages, including preferred large volume rates accessible to businesses of all sizes within the program. It provides a wide array of loan options, such as zero merchant fee loans and promotional products, allowing merchants to customize their offerings. The platform is designed to be fully digital, quick, and easy to use for both roofers and homeowners, and it will feature seasonal promotions throughout the year.
Jack Gottesman, Director of Marketing Services and Loyalty Programs at IKO, North America, commented, “Teaming up with Momnt gives our IKO ROOFPROs a powerful edge in a competitive market. This easy-to-use financing platform and exclusive promotions allow our contractors to offer homeowners flexible payment options, making it easier for them to move forward with the right roofing solutions for their needs.”
Momnt specializes in embedded lending solutions, enabling businesses to integrate financing options seamlessly into their customer offerings. IKO is a family-owned company established in 1951, operating over 35 manufacturing plants globally. IKO ROOFPRO is IKO’s loyalty program for residential roofing contractors in the U.S. and Canada, providing members with various benefits.