Solar equipment distributor Soligent partnered 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.
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.
“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 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.