JULY 20, 2020
SAN FRANCISCO (PR WIRE) — Soligent, a leading solar equipment distributor is now partnering with Loanpal, the fastest-growing solar lender in the nation, to offer Loanpal Direct Pay through Solar Engine. The program empowers installers with long-term, flexible financing for solar projects on residential properties.
The Soligent and Loanpal partnership reinforces Soligent’s purpose to give installers the best resources available with quality customer service and trusted brands. “Soligent is excited to announce our partnership with Loanpal. The ability to offer direct pay financing solutions enables Soligent’s customers to maximize their working capital, helping to grow and sustain their business,” says Ken Lima, Executive Vice President at Soligent.
Soligent’s Solar Engine platform enables installers to focus on the growth of their business while providing financial solutions that help homeowners to save money by going solar. By offering the Loanpal Direct Pay Program through Solar Engine, solar businesses can increase their cash flow while presenting an attainable financing solution to homeowners across the country. Get started today at www.solarengine.net
About Soligent Distribution
Soligent supplies over 5,000 solar installers with best-in-class panels, inverters, racking and balance of systems across the U.S. and over 45 countries. Founded in 1979, Soligent has been a pioneer in the solar industry for decades and continues to drive the market forward with innovative solutions ranging from materials management to project financing. With advanced training, a diversified product offering, and multi-site distribution centers across the U.S., Soligent is well-positioned as a responsive, flexible equipment partner. Learn more by visiting www.soligent.net.
Loanpal is the world-positive lender delivering a financial technology platform focused on deploying clean energy solutions The company is committed to delivering a tech-enabled lending experience that is simple, fast and frictionless, resulting in instant approvals at the point of sale. Loanpal is deploying $200 million a month in solar loans and has transacted over $3.5 billion on its platform since its launch in 2018. Loanpal’s platform connects financial institutions to high-quality borrowers for energy solutions that make a positive impact on the plane. Loanpal is a proud partner of GivePower, a 5013c corporation, whose mission is to build and deploy solar-powered clean water and energy systems to communities in need around the world. To learn more about Loanpal, visit, follow and connect with us at www.loanpal.com, @loanpal and Linkedin.
Director of Marketing