Fintech
Leading Fintech for Mission-Driven Financial Institutions Launches New Competitive Products in Commercial and Nonprofit Solar Financing Market
ORLANDO, FL / ACCESSWIRE / July 23, 2024 / OneEthos (www.oneethos.com), the leading fintech platform for mission-driven financial institutions, just announced the launch of its commercial and non-profit solar lending products, adding to its existing solar financing offerings.
Available immediately to the OneEthos network of over 2,000 Energy Advisors, the OneEthos platform offers highly competitive features including: real-time approval if the loan request is $500,000 or less, a streamlined underwriting process for loans over $500,000, and an overall ease of use for Energy Advisors that allows them to close more deals at a much faster rate. Additionally, the loans will feature a 25-year term, a fixed interest rate of 8.99%, and no dealer fees. This competitive product allows Energy Advisors to provide the lowest monthly payment available in the market today.
“This is a tremendous win for commercial and non-profit solar installers,” said CEO and founder Marcio deOliveira. “We will now further serve as the fastest and most competitive commercial solar lending platform in the country and expand our reach exponentially. Our loan decisions can be provided 24 hours a day, in 30 seconds or less. This type of response rate is essential for energy advisors to increase their productivity and help clients obtain financing in the most efficient and effective way.”
OneEthos loans are facilitated through its partnership with Climate First Bank (www.climatefirstbank.com) and, thanks to its proprietary technology, OneEthos is expanding nationwide and has already achieved success in states such as: Florida, Texas, Arizona, New York, New Jersey, North Carolina, South Carolina, Colorado and Nevada.
“We invite commercial solar panel installers across the country to contact us at https://www.oneethos.com/for-installers and learn more about everything we can provide,” deOliveira added. “We’re making solar accessible to nonprofits, small businesses, and homeowners who may have thought this type of addition was out of their reach. Now, with our services, that’s possible more than ever.”
About OneEthos:
OneEthos is a mission-driven, certified B Corp fintech company. The company operates at the intersection of financial technology (fintech) and traditional banking with the goal of accelerating the delivery of sustainable and inclusive financial services to all segments of the population. OneEthos is one of the few fintech companies focused on climate finance in the United States and regulated by the Federal Reserve Bank. The company’s mission is to enable Community Banks, Credit Unions, CDFIs, and Green Banks to grow their loan portfolios profitably and responsibly by providing access to banking products and services that positively impact people, communities, and the environment.
For more information please visit: www.oneethos.com.
###
Contact information
Kristin Weissman
Vice President | Public Relations
[email protected]
Phone Number: 689-444-5504
SOURCE: OneEthos
View original Press release on newswire.com.