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Finturf Joins with Sunnova to Expand Financing to Sustainable Home Improvements

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Finturf, a financial technology company, has announced a collaboration with Sunnova, a leading adaptive energy services provider, to expand its network of lenders and offer specialized financing for energy-efficient home improvement projects. This partnership will enable homeowners to access financing options ranging from $500 to $250,000 for various upgrades including HVAC systems, roofing, generators, EV chargers, and electrical panel upgrades.

Sunnova's financing options come with flexible terms from 12 months to 25 years and competitive APRs starting as low as 0%. This collaboration aims to make clean energy solutions more accessible and affordable for homeowners, while also empowering contractors to grow their businesses. The integration of Sunnova's energy-efficient financing options into Finturf's platform is expected to simplify the financing process and enhance the overall customer experience.

Finturf, un'azienda di tecnologia finanziaria, ha annunciato una collaborazione con Sunnova, un fornitore leader di servizi energetici adattivi, per espandere la propria rete di prestatori e offrire finanziamenti specializzati per progetti di miglioramento della casa energeticamente efficienti. Questa partnership consentirà ai proprietari di casa di accedere a opzioni di finanziamento che vanno da 500 a 250.000 dollari per vari miglioramenti, tra cui sistemi HVAC, tetti, generatori, caricabatterie per veicoli elettrici e aggiornamenti dei pannelli elettrici.

Le opzioni di finanziamento di Sunnova offrono termini flessibili che vanno da 12 mesi a 25 anni e tassi APR competitivi a partire dal 0%. Questa collaborazione mira a rendere le soluzioni di energia pulita più accessibili e convenienti per i proprietari di casa, oltre a consentire ai contrattisti di far crescere le loro attività. L'integrazione delle opzioni di finanziamento energeticamente efficienti di Sunnova nella piattaforma di Finturf dovrebbe semplificare il processo di finanziamento e migliorare l'esperienza complessiva del cliente.

Finturf, una empresa de tecnología financiera, ha anunciado una colaboración con Sunnova, un proveedor líder de servicios energéticos adaptativos, para expandir su red de prestamistas y ofrecer financiamiento especializado para proyectos de mejora del hogar que sean energéticamente eficientes. Esta asociación permitirá a los propietarios acceder a opciones de financiamiento que van desde $500 hasta $250,000 para diversas mejoras, incluidos sistemas HVAC, techos, generadores, cargadores para vehículos eléctricos y actualizaciones de paneles eléctricos.

Las opciones de financiamiento de Sunnova tienen términos flexibles que van de 12 meses a 25 años y tasas de APR competitivas a partir de 0%. Esta colaboración tiene como objetivo hacer que las soluciones de energía limpia sean más accesibles y asequibles para los propietarios, al mismo tiempo que empodera a los contratistas para hacer crecer sus negocios. La integración de las opciones de financiamiento energéticamente eficientes de Sunnova en la plataforma de Finturf se espera que simplifique el proceso de financiamiento y mejore la experiencia general del cliente.

재무 기술 회사인 Finturf는 에너지 분야의 주요 적응형 서비스 제공업체인 Sunnova와 협력하여 대출자 네트워크를 확장하고 에너지 효율적인 주택 개선 프로젝트에 대한 전문 금융 지원을 제공한다고 발표했습니다. 이 파트너십을 통해 주택 소유자는 HVAC 시스템, 지붕, 발전기, 전기차 충전기 및 전자 패널 업그레이드를 포함한 다양한 업그레이드에 대한 $500에서 $250,000의 금융 옵션에 접근할 수 있게 됩니다.

Sunnova의 금융 옵션은 12개월에서 25년까지의 유연한 조건과 0%부터 시작하는 경쟁력 있는 APR로 제공됩니다. 이러한 협력은 주택 소유자에게 깨끗한 에너지 솔루션을 보다 접근 가능하고 저렴하게 만들고, 계약자가 비즈니스를 성장시킬 수 있도록 돕는 것을 목표로 하고 있습니다. Sunnova의 에너지 효율적인 금융 옵션이 Finturf의 플랫폼에 통합되면 금융 과정이 간소화되고 고객 경험이 향상될 것으로 기대됩니다.

Finturf, une entreprise de technologie financière, a annoncé une collaboration avec Sunnova, un fournisseur leader de services énergétiques adaptatifs, afin d'élargir son réseau de prêteurs et d'offrir un financement spécialisé pour des projets d'amélioration de l'habitat écoénergétiques. Ce partenariat permettra aux propriétaires d'accéder à des options de financement allant de 500 à 250 000 dollars pour diverses améliorations, y compris les systèmes CVC, les toits, les générateurs, les chargeurs de véhicules électriques et les mises à niveau des panneaux électriques.

Les options de financement de Sunnova offrent des conditions flexibles de 12 mois à 25 ans et des TAEG compétitives commençant à 0%. Cette collaboration vise à rendre les solutions d'énergie propre plus accessibles et abordables pour les propriétaires, tout en permettant aux entrepreneurs de développer leurs activités. L'intégration des options de financement écoénergétiques de Sunnova dans la plateforme de Finturf devrait simplifier le processus de financement et améliorer l'expérience globale du client.

Finturf, ein Finanztechnologieunternehmen, hat eine Zusammenarbeit mit Sunnova, einem führenden Anbieter von adaptiven Energiedienstleistungen, angekündigt, um sein Netzwerk von Darlehensgebern zu erweitern und spezialisierte Finanzierungen für energieeffiziente Hausverbesserungsprojekte anzubieten. Diese Partnerschaft ermöglicht es Immobilienbesitzern, Finanzierungsmöglichkeiten im Umfang von 500 bis 250.000 Dollar für verschiedene Verbesserungen zu nutzen, darunter HVAC-Systeme, Dächer, Generatoren, EV-Ladegeräte und Upgrades von elektrischen Anlagen.

Die Finanzierungsmöglichkeiten von Sunnova bieten flexible Bedingungen von 12 Monaten bis 25 Jahren und wettbewerbsfähige effektive Jahreszinssätze, die bei 0% beginnen. Diese Zusammenarbeit zielt darauf ab, Lösungen für saubere Energie für Immobilienbesitzer zugänglicher und erschwinglicher zu machen, während gleichzeitig Auftragnehmer in die Lage versetzt werden, ihre Geschäfte auszubauen. Die Integration von Sunnovas energieeffizienten Finanzierungsoptionen in die Finturf-Plattform wird voraussichtlich den Finanzierungsprozess vereinfachen und das Kundenerlebnis insgesamt verbessern.

Positive
  • Expansion of financing options for energy-efficient home improvements
  • Flexible financing terms from 12 months to 25 years
  • Competitive APRs starting as low as 0%
  • Financing amounts ranging from $500 to $250,000
Negative
  • None.

Insights

The collaboration between Finturf and Sunnova marks a significant development in the sustainable home improvement financing sector. This partnership could potentially accelerate the adoption of energy-efficient home upgrades, which is a growing market segment.

From a financial perspective, the key points to consider are:

  • Financing range of $500 to $250,000 offers flexibility for various project sizes.
  • Loan terms from 12 months to 25 years cater to different homeowner financial situations.
  • Competitive APRs starting as low as 0% could drive higher uptake of these financing options.

This move could positively impact both companies' revenue streams. For Sunnova, it opens up a new customer acquisition channel through Finturf's network. For Finturf, it enhances their value proposition to contractors and homeowners, potentially increasing their transaction volume and associated fees.

However, investors should be aware of potential risks. The success of this partnership will depend on factors such as consumer demand for sustainable home improvements, interest rate environment and the overall health of the housing market. Additionally, the 0% APR offerings, while attractive to consumers, may impact profit margins if not carefully managed.

This partnership between Finturf and Sunnova represents a significant step forward in mainstreaming sustainable home improvements. By making financing more accessible for energy-efficient upgrades, this collaboration could accelerate the transition to more sustainable housing stock.

Key sustainability implications include:

  • Increased adoption of HVAC systems, which can significantly reduce a home's energy consumption.
  • Promotion of roofing upgrades, potentially including cool roofs or solar-ready options.
  • Facilitation of EV charger installations, supporting the shift to electric vehicles.
  • Upgrades to electrical panels, which are often necessary to support other energy-efficient improvements.

The long-term financing options (up to 25 years) align well with the lifespan of many of these improvements, potentially making the monthly costs more manageable for homeowners. This could lead to a faster rate of adoption for these technologies, contributing to reduced residential carbon emissions.

However, it's important to note that the environmental impact will ultimately depend on the specific products and technologies financed through this program. Investors should monitor the types of projects being funded and their real-world energy savings to gauge the true sustainability impact of this partnership.

GLENDALE, Calif., July 30, 2024 /PRNewswire/ -- Finturf will collaborate with Sunnova, a leading adaptive energy services company and provider of sustainable energy solutions, to expand Finturf's already robust network of lenders, emphasizing energy-efficient financing options for a variety of home improvement projects.

With Sunnova joining Finturf's financing network, homeowners will have access to specialized financing for HVAC systems, roofing, generators, EV chargers, and electrical panel upgrades. Sunnova's financing options range from $500 to $250,000, offering flexible terms from 12 months to 25 years and competitive APRs starting as low as 0%.

"Joining with Finturf advances our mission to make clean energy solutions accessible to more homeowners," said Greg Fry, Vice President of Business Development and Channel Sales at Sunnova. "Finturf's cutting-edge platform enhances the customer experience and simplifies financing, empowering contractors to grow their businesses while helping families adopt energy-efficient solutions."

With this collaboration, homeowners can now access financing for energy-efficient upgrades, making sustainable living more attainable and affordable.

"Sunnova's addition represents a significant milestone in advancing sustainable home improvement financing," said Stephen Pool, VP of Partnerships at Finturf. "By integrating Sunnova's energy-efficient financing options into our network, we're empowering homeowners to pursue eco-friendly projects with ease and confidence."

About Finturf

Finturf provides contractors with a multi-lender point-of-sale (POS) solution that simplifies and expands financing opportunities for their clients. By leveraging our reputable financing network, we offer a broad spectrum of funding options, increasing the chances of approval for borrowers.

Our platform is tailored to enhance contractors' revenue streams and drive business success. With a focus on innovation and empowerment, Finturf turns payment transactions into opportunities for business growth and client satisfaction.

About Sunnova

Sunnova Energy International Inc. (NYSE: NOVA) is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses. Through its adaptive energy platform, Sunnova provides a better energy service at a better price to deliver its mission of powering energy independence. For more information, visit http://www.sunnova.com

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SOURCE Finturf

FAQ

What financing options does Sunnova offer through Finturf for home improvements?

Sunnova offers financing options ranging from $500 to $250,000 for various energy-efficient home improvements, including HVAC systems, roofing, generators, EV chargers, and electrical panel upgrades. The terms are flexible, spanning from 12 months to 25 years, with competitive APRs starting as low as 0%.

How does the Finturf and Sunnova collaboration benefit homeowners?

The collaboration makes clean energy solutions more accessible and affordable for homeowners. It provides specialized financing options for energy-efficient upgrades, simplifies the financing process, and enhances the overall customer experience when pursuing eco-friendly home improvement projects.

What types of home improvement projects can be financed through the Finturf and Sunnova partnership?

The partnership offers financing for various energy-efficient home improvement projects, including HVAC systems, roofing, generators, EV chargers, and electrical panel upgrades.

How does the Finturf and Sunnova collaboration impact contractors?

The collaboration empowers contractors to grow their businesses by providing them with a simplified financing process and expanded options for their customers. This enables contractors to offer more energy-efficient solutions and potentially increase their sales of sustainable home improvements.

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