Save now and pay later with financing payment plans!

Shop smart – Apply now from the comfort of your home, then make arrangements to visit Waterbee’s showroom with your pre-approved budget.

Waterbee works with two different financing companies to offer our customers a variety of payment plan options for our hot tubs, swim spas, pool kits, pool equipment upgrades, etc. These companies approve loans to our customers based on a variety of criteria such as credit rating and home equity.

Both SimplyGroup and FinanceIt are currently running a promo for new applications for 3 months No interest, No Payments. That means aside from your small deposit to us, your payments wouldn’t begin until 3 months after your delivery date!


You can apply online at home right now using one of these links:

SimplyGroup Application

FinanceIt Application


When applying for preapproval before visiting the showroom to choose your product, we understand that you don’t know the purchase price yet, so just enter a guess at the amount you expect to be spending, after tax. It doesn’t commit you to anything, and once you’ve come in and decided on the right product, we can adjust the amount for you from our portal to reflect the actual price after applying any deposits you’re paying up front in store.

These loans are arranged for up to a 5 year term, with options for longer amortization of up to 10-20 years if you wish to lower the individual payment amount.

Loans are open and you can make extra payments or pay them off at any time.

We encourage you to use your existing savings or line of credit if it provides a better interest rate, however these loans do offer a better rate than most credit cards.


option #1:
SimplyGroup Financial 

You can apply at home using this link: SimplyGroup Application

SimplyGroup Financial’s current standard interest rate is 7.99%.
They also have an additional option where they can offer a “cashback” amount above the purchase price of the item of up to a total loan amount of $10,000
(This option may be handy for covering additional preparation costs such as electrician or concrete.)

These loans are arranged on a 5 year term, with options for 5, 10, 15-year amortization to lower the monthly payments.

Loans are open and can be paid off at any time, without penalty.

A small administration fee of $49.95 applies, to be withdrawn before the first payment.

IMPORTANT NOTE: SimplyGroup does require homeownership, but from what I understand loans under $15,000 are not secured against your home. For loan amounts over $15,000, SimplyGroup has a policy of automatically applying a lien on your home as security. This lien will not be removed until the entire loan is completely paid off.
If you wish to avoid the potential hassle of that lien, we’d recommend either giving us a deposit amount large enough to keep the total amount financed under $14,995. Or you could choose FinanceIt as an alternative, as they’ve stated they will not apply a lien unless you default on your payments.


option #2:
FinanceIt

You can apply online at home using this link: FinanceIt Application

For purchases from $1,000 to $10,000, homeownership is not required.
For purchases over $10,000 to $100,000, the homeowner must be the applicant or co-applicant.

Financeit has lowered their standard interest rate for all applications submitted after September 14th. Their standard interest rate is now 7.99%.

Extended Credit Program: if your credit rating is ok but not quite high enough to qualify for their Standard program, they may offer this alternative Extended program with a rate of 12.99%

Loans are open so you can make extra payments or pay the loan off at any time.
The term is only up to 5 years, but you have choices between 1 and 20-year amortization lengths to lower the monthly payments.
You can also choose between weekly, biweekly or monthly payments to make things more convenient for you and your budget.
An administration fee of up to $149 applies, but does not need to be paid up front, it gets amortized into the payment amount.

FinanceIt lets both you and Waterbee know almost instantly by email whether your application was approved or declined. The rest of the paperwork can all be done online, so you don’t have to make extra showroom visits.

Second-Look Advantage Program: for applicants that do not qualify for their Standard or Extended Credit programs, they might qualify for this Second-Look program. Details: for amounts between $1,000 to $25,000, max amortization of 10 years, interest rates from 14.99-16.99%. For amounts over $10,000 the applicant must own the home where the product is being installed.

Financeit is currently running a promo for 3 Months No Payments & No Interest.

That means aside from your small deposit to us, your payments wouldn’t begin until 3 months after your delivery date! (For most people’s eta dates that would mean no payments until early 2022, possibly not til June )

You can apply online at home using this link: FinanceIt Application


Need help with the application?

If the online application form doesn’t allow for something you need added or changed, just complete it the best you can, and submit it as is. Then contact Melissa here at Waterbee, as there are some adjustments we are able to make to the applications from the back-end of our version once you’ve completed the initial application process.
The same thing applies to the amount to request – if you are applying to ensure preapproval before visiting the showroom to choose your product, so you don’t know the purchase price yet, just enter an amount you expect to be spending, after tax. We can adjust things to the correct amount from our end once we’ve determined the actual specifics of the product selection and figure out the remaining balance to finance after we’ve applied any deposit amounts you’re paying up front in store.

Ok, I just applied – Now What?

Once you’ve completed the application, keep an eye on your email – you’ll find out if you were approved almost instantly by email if you’ve chosen FinanceIt, or else usually by the end of the business day if you’ve chosen SimplyGroup. Start planning a trip to visit Waterbee’s showroom to finalize the details on the product of your choice!

If you have any questions regarding details about the financing beyond the application process, we would encourage you to contact these companies directly as we are not their employees and are not trained in financial advising.

Here is a contact phone number for FinanceIt: 1 888 536 3025

Here is a contact phone number for SimplyGroup: 1 888 763 0002