Ginlong Solis’s entire line of residential inverters and accessories have been added to Loanpal’s Approved Vendor List (AVL). Wood Mackenzie Power & Renewables has ranked Loanpal as the second largest residential solar loan provider in the United States with a 20% market share in that space in 2018. Loans are now the dominant residential solar financing option in the United States, outperforming third party-owned solar sales in 2018.
“Until now, it has been difficult for solar and other clean energy companies to easily integrate financing solutions into their proprietary sales and operations processes for their customers,” said Hayes Barnard, founder and executive chairman of Loanpal, in a press release. “We are grateful that 80% of the Top 50 solar companies in the U.S. have adopted our platform in the last 15 months, enabling more than 35,000 customers to benefit from new solar systems.”
Loanpal rolls clean energy loans into customer mortgages and offers zero down financing and virtually instant approvals.
News item from Ginlong Solis
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