TGUC Financial & Lowe’s Contractor Discount Pricing Program Explained

Lowe’s is frequented by many contractors that spend quite a bit of money regularly in store and online. Lowe’s loves contractors and contractors love Lowe’s. As a way to say thank you to bulk shoppers, Lowe’s does offer a Contractor Program that allows contractors to receive discounts and special pricing. Keep reading to learn more about how to get Lowe’s Contractor Pricing and sign up for a Lowe’s Contractor Account.

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Do Contractors Get A Discount At Lowe’s?

Contractors operating for-profit businesses will want to save money where they can. With the rising cost of supplies, contractors may be searching for ways to reduce expenses. Contractors don’t get an automatic discount at Lowe’s. However, by nature of their job, contractors may qualify for the Volume Discount depending on their purchase.

Contractor Packs™ are another way that businesses can save money on buying pre packaged bulk quantities on thousands of select items.

In addition to helping shoppers save money on their bulk purchases, Lowe’s also offers a wide variety of product selection for contractors and homeowners to choose from.

Additionally, contractors and consumers can sign up for a Lowe’s Credit Card to save 5% on all purchases at Lowe’s. Simply apply online or in-store and stay up to date with regular promotions.

How Much Discount Do Contractors Get At Lowe’s?

While there is no discount exclusively for contractors at Lowe’s, there are a few ways that contractors can save money on their purchases including a cash back program.

Buying in bulk can save shoppers up to 50% off over 2,000 products offered by Lowe’s both online and in-store. The minimum discount offered by Lowe’s on bulk purchases is 5%.

Contractors and business owners can also sign up for the Lowe’s MVP Pro Rewards Program to take advantage of loyalty offers, cash back, prizes, and bonus points.

Lastly, a selection of Lowe’s Credit Cards and Business Credit Cards can also help shoppers receive a 5% discount on every purchase daily.

These programs are competitive with similar discounts and programs offered by rival home improvement retailer Home Depot.

How To Get Contractor Pricing At Lowe’s?

While Lowe’s does not seem to offer discounts exclusively for contractors, Lowe’s does incentive bulk purchases. As a contractor, you likely purchase in bulk, therefore you should know how to save as much as you can. Here are a few ways contractors can save money on purchases at Lowe’s.

#1. Volume Savings Program 

Contractors and non-contractors can access bulk pricing on select items with a purchase of $1,500 or more. To take advantage of the Volume Savings Program, simply stop by the Pro Desk before you check out and request a quote for your order.

#2. Contractor Packs™

Shoppers can also look for the specially labeled Contractor Packs™ to save big on prepackaged bulk quantities on thousands of select items.

#3. Lowe’s Credit Cards

Contractors can also get a 5% discount on every single purchase by signing up for one of the many Lowe’s credit cards offered by the home improvement retailer. Lowe’s offers both credit cards and business credit cards. Lowe’s credit cards can be applied for online or in-store.

#4. MVP Pro Rewards

Lastly, contractors and business owners can take advantage of the MVP Pro Rewards Program. To join MVP Pro Rewards, simply sign up for free at Lowes.com or visit the help desk in-store.

What Is The Contractor Discount At Lowe’s?

The Contractor Discount is not one specific discount, but rather a variety. You will want to know about the various types of discounts and take advantage when you can. If you are not a legitimate contractor, or not a contractor at all, you can still qualify for these discounts. Let’s take a look at these discounts in more detail.

If you plan on taking advantage of the Volume Discount, your purchases will need to equal $1,500 or more. This discount is of great benefit to contractors, especially when compared to the $2,500 purchase minimum needed to receive a bulk discount from rival Home Depot.

Members of the MVP Pro Rewards Program can start earning gift cards once they have spent $2,500 in qualifying purchases. Exclusive offers that contractors can take advantage of includes access to business tools, the chance to get free drinks and snacks, and a Paint Rewards program. Bonus points can also be used to redeem for additional rewards. With the Lowe’s MVP program – the more you spend, the more you earn. For example, the highest tier of benefits earns 1.5% cash back on purchases and 3 select free drinks or snacks per month.

Other perks for business owners and contractors include special “Just For Pros” sale events, specialized inventory tracking and purchase history tools, free shipping on orders over $45, and personalized email offers tailored to your business needs.

Does Lowe’s Give A 10% Discount?

Select shoppers can receive a 10% discount at Lowe’s. Unfortunately, contractors may not be one of these select shoppers. Lowe’s offers a 10% military discount available both online or in-store to active-duty military, retirees, Veteran Reserve/National Guard members, and their dependents. In addition, all Lowe’s employees receive a 10% discount on purchases at Lowe’s.

If you are unable to qualify for the employee or military discount, use your Lowe’s Credit Card to receive a 5% discount on all purchases. Periodic cardholder shopping days increase the 5% discount to a 10% discount on eligible purchases to those with a Lowe’s credit card.

How Much Is The Lowe’s Pro Discount?

Lowe’s offers a cash back rewards program known as Lowe’s MVPs Pro Rewards Program where pros can earn Lowe’s gift cards on qualifying purchases.

In addition, with Lowe’s Pro Paint Rewards, members qualify for rewards on every dollar spent on eligible purchases. Contractors and others can get a 10% reward for every dollar spent above $1,000 up to $2,999, a 15% reward for every dollar spent above $3,000 up to $4,999, and a 20% reward on every dollar spent above $5,000.

Shoppers can also receive a discount on high volume purchases on qualifying items over $1,500. While this is not exclusively a discount for contractors, those who take advantage of the program are primarily contractors and business owners who frequently purchase in bulk.

Lastly, the retailer offers a variety of credit cards to shoppers that offer a 5% daily discount on ALL purchases.

How Does Lowe’s Determine Contractor Pricing?

Lowe’s determines the pricing of their Volume Savings Program with a variety of factors. First, purchases must be made with a minimum of $1,500. Second, the Lowe’s Volume Discount is only available on purchases of select items. You will need to check to see if your purchase qualifies for the Volume Discount.

As a contractor, you may face cash flow challenges. Afterall, purchasing supplies is expensive, even with a discount. Contractors often grow their business or use financing to improve cash flow. At TGUC Financial, contractors can sign up to receive free local leads and the ability to provide financing to your customers. TGUC can even pay you directly for customers using financing, thus ensuring you are paid in a timely manner. Contractors interested in growing their business should offer financing for customers. 

Looking to grow your business as a contractor? Offer financing for customers. . . sign up today!

Additional Detail List About The Program

Top Brands and Products You Need, When and Where You Need Them

•   Product Assortment: Over 40,000 products in-store & over 2 million products online and special order
•   Job lot quantities
•   Fast Fulfillment: Get what you need when you need it – Whether you need it same day (in store or) or next day (delivery) we have you covered  

Convenience Locations

•   1,800+ stores across the U.S.
•   Extended store hours: open nights and weekends

Dedicated Sales Team to Support your Business

• National Account Managers (NAM)
• ProSales Managers (PSM)
• ProServices Sales Specialists (PSS)

Lowe’s’ Commercial Account – Features & Benefits

• No annual fee
• Pay in full each month
• 5% off Every Day
• $20 Pro delivery fee
• Online Account Management
• Statements include itemized list of transactions and product-level details for each invoice

Lowe’s B2B Online Program

• Over 2 million items available online
• Free Parcel Shipping on qualifying parcel orders
• Exclusive online savings events
• Pick-up or delivery options available
• Check store inventory levels
• Build custom catalogs
• Standardize purchases
• Pre-set spending limits
• Purchase Approvals
• Punch-Out Catalog Capabilities

Volume Discounts

• Save on orders $1,500 or more
• Mixed cart
• Single item large quantity purchase
• Applies to all orders placed via phone, fax, or online
• Contractor Packs: save on minimum quantities for over 3,000 products

Business Supplies Replenishment

• Stay stocked with supplies at your location
• Make ordering and reordering simple with free shelf labels and order forms
• Receive a heavy-duty rack for just a penny when you order $150 in supplies 
• Have your order staged at the store for pickup or delivery
• Create custom “Replenishment” catalog on Lowes.com for easy ordering

Added Discount 

• Category savings 5-10% off

Looking to grow your business as a contractor? Offer financing for customers. . . sign up today!