When planning a roofing project, clear payment expectations ensure a smooth experience.
Litespeed Construction in Knoxville, TN, outlines its payment policies to avoid misunderstandings.
Below, we explain our accepted payments, financing options, and contract terms to help you make an informed decision before signing.
Litespeed Construction offers multiple payment options to suit different customer preferences.
✅ Accepted Payments:
💳 Important Note: If you’re paying with a credit card and the amount exceeds $500, you’ll need a Certificate of Completion before the payment is processed.
Many homeowners prefer financing to spread out the cost of a new roof.
✅ Litespeed Construction accepts financing payments but does not directly offer financing services.
✅ If you need financing, you’ll need to apply through an approved third-party vendor.
Before signing, ask about financing partners and payment timelines to ensure everything aligns with your budget.
Litespeed Construction has different payment structures depending on the type of roofing project:
Roof Type | Payment Schedule |
Shingle Roof | 50% due at material drop-off, 50% due at completion. |
Metal Roof | 1/3 due at contract signing, 1/3 due at start, 1/3 due at completion. |
This structured schedule ensures materials are secured before work begins while balancing costs across the project timeline.
Failing to pay on time can lead to additional charges.
🚨 Invoices not paid within 15 days will incur a 1.5% interest charge per month until paid in full.
To avoid penalties, ensure you budget accordingly and set reminders for payment due dates.
If a disagreement arises about your roofing contract, it will be settled through arbitration rather than a traditional court case.
✅ Arbitration is a legal process where an independent third party helps resolve disputes.
🚫 Exception: Collections cases may follow a different process.
Understanding this ahead of time can help you know what to expect in the rare case of a contract dispute.
Once you’ve reviewed your estimate and are ready to move forward, you must officially accept the contract.
✅ Steps to accept your contract:
After these steps are completed, your project will be scheduled.
✔ Answer: Litespeed Construction accepts personal checks, cashier’s checks, cash, and credit cards. However, credit card payments must be approved by the project manager before work begins, and any credit card payment over $500 requires a Certificate of Completion.
✔ Answer: Litespeed Construction does not provide direct financing but does accept payments through third-party financing vendors. If you need financing, you can discuss available options with them and arrange payments through an approved financing provider.
✔ Answer: The payment schedule depends on the type of roofing project:
Metal Roofs: 1/3 due at contract signing, 1/3 due at project start, and 1/3 due upon completion.
✔ Answer: Any invoice that is not paid in full within 15 days of the due date will be charged a 1.5% interest fee per month until the balance is paid.
✔ Answer: All contract disputes will be settled through arbitration, except for collections. Arbitration is a legal process where a neutral third party helps resolve disputes instead of going to court.
✔ Answer: To accept the estimate and proceed with the project, you must:
Once received, your project will be scheduled.
Litespeed Construction in Knoxville, TN, is known for its honest pricing and quality service. Here’s a summary of our online ratings:
Google Reviews
⭐⭐⭐⭐⭐ 4.8/5
Excellent communication, fair pricing, and great cleanup.
Angi
⭐⭐⭐⭐⭐ 4.7/5
15 years of trusted experience.
Yelp
⭐⭐⭐⭐⭐ 5/5
Professional and efficient service.
Understanding your roofing contract’s payment policies ensures a stress-free experience. Litespeed Construction offers clear pricing, structured payment plans, and financing options through third-party providers.
📞 Contact Litespeed Construction in Knoxville, TN, today for a free roofing estimate!
If your home is in need of a roof repair, we are the #1 expert in Residential Roof Repair in the Knoxville area and you are at the right place! With over a decade of quality roof repairs, Litespeed will fix that leak fast and right the first time! Because we know how important your home is to you.
As a homeowner, you never want to experience an Emergency Roof Repair, but there are times when Mother Nature has other plans in store. However, in the event of an emergency, it is important to have a go-to roofing contractor to contact to get professional repairs done quickly in order to prevent further damage.
Roof Leak Repair is something that we have been doing right for over a decade. We are fast and we get the job done correctly the first time.
If you need a repair, call us today and we can help you solve your problem fast.
Call: (865) 297-3286
