Sunstone Credit score has introduced its new mortgage product, Specific Mortgage, for small enterprise photo voltaic loans underneath $250,000.
The corporate says small companies traditionally need to pay money or use conventional financing choices for photo voltaic set up, including that its new mortgage product might give these prospects extra streamlined entry to photo voltaic financing.
“Photo voltaic power has historically been out of attain for small companies,” says Sunstone’s Chan Tai. “It requires a big money outlay and conventional banks don’t know underwrite the loans. Sunstone makes photo voltaic accessible to small companies by offering fast and straightforward financing choices which can be usually cheaper than what companies are paying for his or her present utility payments. With Specific Mortgage, companies could have quicker entry to Sunstone financing, accelerating their transition to photo voltaic power and financial savings.”
The mortgage is obtainable to industrial prospects of Sunstone’s authorised set up companions. Qualifying companies are for-profit and property corporations which were in enterprise for 3 years or longer or have co-signers who personal the property.
