SAN FRANCISCO – (COMMERCIAL THREAD) – Dividend Finance Inc. (“Dividend”), a leading FinTech point-of-sale lender to solar and home improvement entrepreneurs, announces the launch of a new technology platform. In addition to a new partner portal for solar energy and home improvement, Dividend offers its solar contractors a range of new products and improvements, including:
Dividend Lite – a new single page URL app that makes qualifying and signing up a customer faster and easier;
New solar loan conditions including an APR of 2.99% over 25 years, an APR of 1.49% over 20 years, an APR of 1.49% over 15 years and an APR of 0.99% over 10 years * ;
More flexible credit criteria and funding requirements; and
Same day project approvals and funding
The new Dividend partner portal
With solar power and home improvement all in one portal, Dividend makes it easier than ever for entrepreneurs to provide a fast and informative sales experience to their customers. Dividend’s new portal offers a faster credit application process, the ability for users to update and resend documents, automated change orders, and customizable pipeline functionality to enable users to better manage projects from beginning to end.
“We listened to our subcontractor network and wanted to complete a complete overhaul in Q4 2020 with a diverse range of loan product options, a more flexible point-of-sale experience, improved credit approvals and a streamlined funding. The residential solar industry has continued to thrive despite some major hurdles in 2020. We are proud to see so many of our installation partners working to find creative solutions in this difficult and rapidly changing environment, and we will continue our efforts to provide tools. that help sellers close more deals and business leaders run more efficient operations, ”said Skyler Hopkins, senior vice president of solar sales at Dividend.
Dividend Lite – The Single Page App
In addition to the new partner portal, Dividend launched a single page application to provide maximum speed and flexibility at the point of sale. Dividend Lite requires fewer upstream data entries and allows a customer to go from prequalification to loan signing with one click, while ensuring the same top-notch consumer protection and data security protocols as the industry expects from Dividend.
Direct payment with DEC Ensemble
After nearly three years of sustained growth, Dividend is launching a new funding structure with the Ensemble program of DEC Greentech. With Ensemble, installers can access up to 50% installment payment and eliminate the burden of bookkeeping and line of credit management while gaining exclusive access to the Dividend-Ensemble suite of products. The latest iteration of this partnership eliminates the need for initial project due diligence and billing and ensures a more accurate and streamlined funding process.
Over the next few months, Dividend will launch strategic partnerships with some of the solar industry’s most popular point-of-sale tools, in addition to custom integrations for installer partners. Whether installers have built internal software or are using 3rd parties, Dividend can integrate prequalification, document signing and pipeline management workflow for a truly seamless experience for the entire organization.
About dividend financing
Dividend is a leading FinTech point-of-sale lender for home improvement and solar contractors. The company pioneered the residential solar financing landscape in 2014 with the launch of its EmpowerLoan ™ product for financing residential solar installations and continues to expand its product offerings in the home improvement market. In addition to its industry-leading financial product suite, Dividend has developed a comprehensive technology platform for installation partners and owners to streamline the financing process and manage the execution of funded projects. Learn more by visiting https://www.dividendfinance.com/div-partner-portal.
* Loan conditions subject to underwriting and credit approval. Prices and conditions may change. Please contact Dividende for more information.