PowerPay Launches Financing for Residential Solar and Clear Power Tasks – Yahoo Finance

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PHILADELPHIA, May 11, 2022 /PRNewswire/ — PowerPay, a monetary know-how firm that gives shopper lending for home enhancements and elective healthcare, is saying the launch of a solar financing program aimed toward making clear energy inexpensive for extra owners.

(PRNewsfoto/PowerPay)

We see an amazing alternative to develop market share and construct solar right into a multibillion vertical.

The demand for sustainable energy sources continues to develop at a speedy tempo. These initiatives have excessive upfront materials and labor prices. PowerPay financing merchandise permit customers to remodel these giant purchases into small month-to-month funds. Financing will be utilized to your entire undertaking together with solar panels, batteries, mills, roofing and all set up prices. The program provides 20 and 25-year loans with charges beginning at 2.99% and a $100,000 mortgage most. PowerPay’s solar financing program will permit owners to scale back their electrical energy payments and improve the worth of their properties whereas defending the surroundings.

PowerPay Co-founder & COO David Haas: “We’re really excited to enter the solar business. Many of our existing home improvement clients already offer solar and have been anxious for us to roll out this program. The market is huge and growing. We’ve developed a seamless lending platform, delivered an ultra-competitive loan product and are offering the lowest merchant fees in the industry. We see a tremendous opportunity to grow market share and build solar into a multibillion vertical.”

About PowerPay

Launched in 2020, PowerPay is a monetary know-how firm offering seamless shopper financing options to over 8,000 contractors and retailers. The firm helps retailers develop their enterprise with a easy level of sale financing platform changing giant purchases into inexpensive month-to-month funds. PowerPay has processed $1 billion in loans since its inception. www.getpowerpay.com

Contacts:
Arina Zhukova
800-397-4485
pr@getpowerpay.com

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SOURCE PowerPay

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