Dividend Finance Inc., a U.S.-based fintech that specializes in point-of-sale lending to solar and home improvement contractors, announced on Wednesday the launch of a new technology platform. Founded in 2013, Dividend claims it is a leading national provider of renewable energy and energy-efficient financing solutions to property owners.
“We give our customers the opportunity to obtain clean energy financing through a comprehensive suite of financing options. Our flagship product, the EmpowerLoan™, continues to expand its product offerings into the storage and home-energy space.”
Dividend reported that in addition to a new solar + home improvement partner portal, it is now offering its solar contractors an array of new products and enhancements including:
- Dividend Lite: a new single-page URL application
- New solar loan terms, including a 25-year 2.99% APR, 20-year 1.49% APR, 15-year 1.49% APR, and 10-year 0.99% APR
- Flexible credit criteria and funding requirements
- Same-day approvals and project funding
Skyler Hopkins, Dividend’s SVP of Solar Sales, spoke about the products by adding:
“We’ve been listening to our contractor network and wanted to deliver a comprehensive overhaul in Q4 2020 with a diverse suite of loan product options, a more flexible point-of-sale experience, enhanced credit approvals, and a streamlined funding process.”