Solar Financing for Contractors

Many solar company clients are eager to upgrade their homes, and solar panel financing options are making it possible for more homeowners to get started. Finturf’s POS financing software steps in to provide your clients hassle-free access to solar panel financing.

Solar contractors that provide financing are at an advantage because they can offer their clients the option to pay over time for solar panel installations and maintenance.

By offering solar financing, your clients no longer need to wait to upgrade their homes. In turn, your business benefits from increased revenue, cash flow, client acquisition, and customer satisfaction.

Solar Panel Financing Options

Offering solar panel financing can be a win-win for you and your clients. Individuals looking to upgrade their homes no longer need to wait to finance these improvements. Instead, you can give them the payment option they want most. You can help them install solar panels now without having to pay the sum upfront and in full. With Finturf, solar panel companies can offer:

Buy now pay later
Split payments
Installment loans
Low APR
Direct-to-consumer loans
Personal loans
Lease-to-own

Benefits of Solar Panel Financing for Contractors

Finturf aims to make the search for financing easy for you and your clients. Our multi-lender network helps solar contractors offer in-house financing options, resulting in increased customer acquisition, revenue, and client satisfaction. Some other benefits of working with Finturf include:

Competitive Edge

A great way to compete in the solar paneling industry is to offer your clients financing options. Commercial solar financing can help you secure larger-ticket installations with retailers and businesses. Meanwhile, residential solar financing can help your clients upgrade to the home of their dreams.

Higher Conversion Rates

Finturf's stage funding feature allows solar panel contractors to receive direct funding at various project milestones. Rather than waiting for full payment at project completion, contractors can receive funds after hardware installations or system upgrades and enhancements. Stage funding allows solar panel contractors to access timely payment for materials and labor, streamlining cash flow management.

Customer Acquisition

Despite the financial and environmental benefits of installing solar panels, many homeowners don’t finalize the upgrades due to the high upfront costs. As a result, this can hurt your business’s client base.

With solar panel financing, you can get started on the work immediately, and your clients can pay little by little over time. As a result, you can begin attracting more customers looking for flexible payment options for services they want immediately.

Customer Satisfaction

Finturf’s solar loan application process is quick, with on-screen results in minutes. If approved for financing, the project can start immediately. The ease of finding a flexible payment option and fast service can increase your client’s satisfaction.

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Why Finturf?

Here are some of the reasons why Finturf is the ideal POS financing solution for solar panel contractors:
Easy Setup

We understand that you may have multiple solar paneling installations, making your time limited. That’s why Finturf’s solution takes less than an hour to integrate. With a few clicks, our cloud-based platform can be quickly added to your system.

Waterfall Algorithm

Finturf partners with a network of lenders, offering your clients more opportunities to be connected with a financer. Even if your client is not matched with the first lender, our ping-tree algorithm increases their chances of connecting to other financers within the network.

High Approval Rates

Additionally, Finturf has an extensive multi-lender network, which improves your client’s likelihood of being connected to a lender. As a result, your clients have more chances to be approved for financing.

All Credit Types

Our partnered lenders cater to subprime and super-prime applicants. So, your clients can stress less about their credit when looking for solar panel financing options.

Hassle-Free Funding Request

Many solar panel companies and their clients are eager to get started on the project, which is why we make the funding request process simple and quick. As a result, many clients receive on-screen results in just a few minutes.

No Stress

Your focus should be on top-notch solar panel installation and not on loan paperwork, credit risks, or late payments. Instead, our lenders will handle it for you, so all you need to concentrate on is getting the job done.

Change Orders

As your solar panel installation project progresses, we understand that plans might shift – whether due to new requests from you, updates in design, or unexpected conditions at the site. Our change order feature allows you to modify the financing amount to reflect these budget changes. You can increase the funding, ensuring you meet client expectations and stay within budget.

Service Upgrades

Finturf’s dashboard, reporting tools, platform, and lender network are regularly updated.

24/7 Client Support

Our support team is available 24/7 to assist you with any tech-related issues.

Get Started with Finturf

If you’re looking to get a competitive edge and offer your clients a better way to upgrade their homes, Finturf’s POS solution has you covered. Contact a member of our team to discuss integrating our solar panel financing for contractors platform.

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