Solplicity, a leader in the California residential solar space, is working with Spruce Finance to provide an additional option for solar lending.
The product is a simple, affordable option for homeowners who want to own a residential solar system. Solplicity already offers a variety of competitive solar finance products, including an industry-leading power purchase agreement (PPA), cash sales, leases, and PACE agreements. The addition of a lending product makes Solplicity one of the only solar companies in California to offer homeowners a complete suite of financing options for going solar.
This new lending option is now available through Solplicity for California homeowners. Using a simple online application that delivers results in minutes, customers can access affordable monthly financing on 12- or 20-year terms with competitive interest rates.
"This solar lending product provides customers with short-term savings and long-term value," said Fred Stefany, Vice President and General Manager of Solplicity. "We focus on delivering the best systems with the best financing options to our customers. People want both the benefits of ownership and an affordable, fixed monthly payment, and this financing meets those demands."
Solplicity combines an unparalleled customer experience with quality installers and trusted finance partners, improving the solar buying experience and increasing the number of homeowners going solar.