Poolcorp & LightStream
Unsecured Consumer Financing Program Lightstream
- Offered in all 50 states
- LightStream offers unsecured consumer financing for loans up to $100,000 (as low as $5,000)
- Funds can be used for anything you want to finance for your backyard experience (new pool construction, in-ground, above-ground, pool repairs, equipment, SPAS, outdoor kitchens, patio furniture, landscaping, irrigation, etc.)
- Program is offered to consumers with good to excellent credit (a minimum credit score of 680 is needed to be considered for a loan offering)
- Flexible loan terms from 24 to 84 months; no pre-payment penalty
- Fixed Rate Interest Rates starting as low as 3.74% APR (1) (2) (3)
- No upfront origination fees
- Paperless on-line loan application process with a response in minutes
- Most loans can be funded within one day after receiving a loan application if applicant so desires, and some loan applications can actually be approved and funded into the applicant’s bank account on the same day (4)
- Application not limited to just one income earner within household; can submit a joint application within household (may improve chances of funding approval)
- Dealers are encouraged to install the LightStream financing link www.lightstream.com/?fact=15014&subid= onto their company website. Contact Don Meyer at [email protected] for easy instructions on how to install the application finance link along with some valuable information pertaining to the program
- For those dealers that do not have a company website, a consumer can still apply through PoolCorp’s main company website. Apply Here: www.swimmingpool.com/LightStream
- Dealers can also receive marketing materials from their local SCP or SPP representative to help promote the program
- In the application, a consumer applicant can Opt-In to the “Referral Program” box giving LightStream permission to refer their application to a third party lender (with whom LightStream has a relationship), if the applicant does not qualify for LightStream’s program (may increase the opportunity in qualifying for a loan offering). The applicant MUST check the box when filling out the application to receive this additional benefit.
- Rates are subject to change at any time without notice
- Interest rate range includes a .25% reduction exclusive to PoolCorp customers applied through our financing link
- For a 3 month period, starting March 1st, for POOL Dealers ONLY, LightStream is providing a special promotional 3.74% interest rate to jump start the busy season
- Loan can be funded on the same day if one applies, is approved and completes the following steps by 11:30 a.m. Pacific time on regularbusiness days (M-F): (a) reviews and electronically signs your loan agreement, (b) provides LightStream with your funding preferences and
banking information, and (c) completes the final verification process (excludes federal holidays) .