sungage customer portal

Sungage Financial is a company developing an online proprietary platform intended to offer zero-down solar loans. If so, what is their level of solar expertise? 2. Responsible and experienced lenders have the tools and the know-how to discern who is a good candidate and who is not. Has your company or have any member of your management been barred fromconsumer lending in any state? Why did you start a solar lending practice? If so, how do you measure up? Especially not really knowing what to expect since weve never dealt with solar energy and the process of getting it installed. Learn more about financing roofs for solar. The customer service teams of these institutions will be unprepared to field the common questions that homeowners have regarding solar incentives.

To protect your business and your customers, look for a financing partner who has forged long-term partnerships with banks, with a track record of consistent and responsible lending practices throughout the credit cycle ups and downs. Sungage will also connect with a quick Welcome Call to confirm the final details of the loan. Sungages Loan Process As Simple as 1, 2, 3. Theres no risk to your home because our loans are secured by your solar energy system. Do you deliver instant decisions on the vast majority (80%+) of loan applicationssubmitted to your platform? AVOID: Lenders who take shortcuts on consumer protection. Sungage Financial has offices in Boston and Oakland. From start to finish process was simple, low stress, everyone we spoke with was helpful. All reviews are published without moderation. With Sungage by your side, youve got the lowest rates and longest terms in solar financing to choose from. The right partner will be a source of strength and stability for your business, rather than offer you a ticket on the solar-coaster. What is the track record ofthat servicer in terms of customer satisfaction? when I asked and explained all of the steps in financing my project in perfect detail! 3. Not all homeowners are good candidates for financing. Do you have human underwriters available to speak with my customer? On the surface, it might seem any bank with a pile of deposits might be able to offer you and your customers a viable solar loan option. That said, there will always be an irresponsible lender willing to approve those customers. The story is no different with solar lending. Sungage helps you shine. Do you have a homeowner portal that allows my customers to upload any necessarydocumentation and track the status of their solar financing? Make sure youve got the right fit with these questions: 1. Homeowners dont provide referrals for middle-of-the-road user experiences. Sara Ross is chief revenue officer of Sungage Financial, a Boston-based provider of solar financing solutions. You deserve a partner that is all in on solar just like you are. Will the homeowner have access to a portal for online bill payment?

They were there for me every step of the process. What is your online reputation? Have you ever had to delay funding of completed jobs due to a lack of available funds onyour platform? Some lenders launch solar loan programs as a marketing gimmick or in response to short-term state incentives but have no long-term strategic plan to build their solar lending business. Does your platform juggle multiple different user experiences based on different fundingpartners? They made the change and resent my paperwork for me to sign. Very supportive customer representatives. In what other lines of business are you engaged? This was a very good experience for us. 7. Sungage Financial Sungage provides residential solar financing to help homeowners make the smart switch to solar. Everything was explained properly. No prepayment penalties either.

4. Moreover, they are likely to hold you responsible (fairly or not) for not delivering on a core value proposition of solar saving money. Successful companies focus on finding the right customers and ensuring those customers have a Wow! experience that inspires referrals for years to come. Financing partners who cannot offer instant decisions and well-designed online portals are not only slowing you and your customer down and risking your sale they are also signaling to your customer that their experience with you is not best-in-class. Everyone was helpful and made things easy for us. 5. Sungage doesnt lease systems. Very easy to complete. Sungage goes the extra mile to make your life easier with a speedy online application and easy loan process. Unfortunately, solar loan providers are not immune to this boom-and-bust phenomenon.

What sources of funding do you have that do not rely on securitization? Ensure that your finance partner can deliver a consistent user experience so that you can confidently set expectations with your prospective customers. As a leading solar company, you will quickly outgrow this kind of partner, and then youll be back to where you started selecting the right long-term partner for your business instead of focused on taking your business to the next level. We use dedicated people and clever technology to safeguard our platform. Ensuring that your customers are having a positive experience throughout the process from initial site visit through to loan repayment is critical to protecting your future referrals. Do you record welcome calls in order to protect my business against contrivedhomeowner claims? Do you assess all homeowners ability to pay using debt-to-income? 4. The site site or app had a few glitches which were annoying, but overall it was a great experience. AVOID: Inexperienced and unproven lenders. 3. Who will be servicing the solar loans held by my customers? Made a change after initial paperwork done. We believe in ownership and saving homeowners the most we can. No problem. Sungage Financial's key executives are Mike Gilroy, Jim Donovan and Michael Giles. 2. In todays solar industry, you cant build a profitable, sustainable residential solar company without a strong solar financing partner. Customers who cant pay back their solar loan are very unlikely to provide your business the referrals on which you depend. Signing homeowners up for financial obligations they dont understand or cant responsibly manage is working against what you enjoy about working in the solar industry.

Most aspects of the loan process were very easy to complete. These private equity-backed competitors have no track record of surviving a downturn in the credit cycle and have no long-term track record of lending responsibly. Competitors of Sungage Financial include Clix Capital, Kubo.financiero and Younited Credit. With loan amounts up to $150,000, terms from five to 25 years, and the most attractive solar tax credit deferral in the industry, Sungage offers the lowest possible monthly payments.

Contact usEmail: doug@solarpluskauai.comPhone: (808) 639-7646, MircrogridsCommercial ResidentialEV Integration. Conversely, how much can an unhappy customer cost you? Undoubtedly, those homeowners will be able to find an unscrupulous solar company willing to install panels all the same. Here are 8 tips for writing great reviews. Because setting and then meeting expectations with your homeowner is a big part of success in solar sales, inconsistent or variable user experiences can torpedo your ability to set proper expectations with your homeowner. Any questions we had were answered in a timely fashion and to our satisfaction. Replies to negative reviews in < 24 hours, They were there for me every step of the way.

Unhappy or confused homeowners may cancel their solar project, damage your reputation or file formal complaints. Who are Sungage Financial key executives? 5. From raw materials straight through to end-user applications, we capture and analyze the critical details that help professionals stay current and navigate the solar market. The rapid emergence of the solar loan segment has attracted significant private equity investment. Easy breezy, Pros:-Fantastic customer service-Applying online was extremely simple-Seemless experience in regards to communicating loan matters with installer-Regarding the one con, they do allow 26% percent of your loan to be interest free for one year, allowing you enough time to take advantage of the federal tax credit you receive the following year, to apply it to the zero interest portion balanceCons:6.99% interest is too high, Process was smooth and easy. How do you track and manage customer complaints? 5. We offer the lowest possible monthly payments in solar, with terms up to 25-years and the most consumer-friendly treatment of tax credits. Some solar finance companies attempt to leverage funding from a variety of sources, translating into different user experiences. How many employees does Sungage Financial have? A soft credit check throughout the process means no impact on your credit. AVOID: Lenders who arent all in on solar. Yes, battery storage can be financed as a part of a solar system installation or as a standalone battery added to an existing solar system. 2. The company enables homeowners to efficiently apply, qualify and contract for solar financing.Show more, Sungage Financial has 386 Twitter Followers.

Solar Industry offers industry participants probing, comprehensive assessments of the technology, tools and trends that are driving this dynamic energy sector. Not a one size fits all approach. This partner arms you and your team with cutting-edge technology to help you deliver a best-in-class experience. Do you have an online loan application that leverages a mobile-first design? Your monthly loan payments will start 60 days later. It is certainly a problem for the lender, but it is also a problem for you. Our friendly solar finance specialists support you each step of the way. Companies can ask for reviews via automatic invitations. 6. Easy to work with, great customer service and no issues throughout the whole process. Promotes Jodi White to CEO, Increases Executive Leadership, With Acquisition, Polar Racking Adds Axsus Single-Axis Tracker to Offerings, Whetstone, Rosemawr Sign Acquisition Contract for 30 MW Solar Facility, Fort Bragg Installs Large Floating Solar Power Plant with Ameresco, Supply Chain Issues Caused New-Build Solar Costs to Jump 14 Percent Since 2021, Doral Closes Financing for 400 MW Mammoth North Solar Project in Indiana, RWE Gets Green Light for Dogger Bank South Project Leases, Energy Web, Volkswagen Customize Renewable Energy EV Charging Tech. The gold standard in terms of customer acquisition is word-of-mouth referrals. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. As an owner, sales manager or salesperson, why should you care if your finance company is taking a responsible approach to underwriting? Once construction is complete, Sungage asks you to electronically authorize the release of payment. 3. Online portals that provide homeowners with the convenience of uploading and signing documents at any time of day are table stakes these days. This is a secure loan, secured by the solar equipment. And as much as we would like to help as many people go solar as possible, we trust our experts our solar designers when they tell us that the site is not a good fit. They made everything easy for me. Receive alerts for 300+ data fields across thousands of companies, Chief Technology Officer and Chief Product Officer, Sungage Financial has offices in Boston and Oakland, Sungage Financial's latest funding round in February 2017 was reported to be $3.3 m. In total, Sungage Financial has raised $8.8 m, Discover new suppliers and conduct deeper comparison analysis with Craft for Enterprise. The borrower may pre-pay the loan at any time with no penalty. Where do you expect your solar finance business to be in 5 years? Once you have been approved for your Sungage Solar Loan, they will provide you with access to your personalized Sungage Action Portal. Worked seamlessly with our Solar contractor. Solar Plus LLC5035 Powerhouse RdHanalei, HI 96714, Questions? Short-termism and shortcuts exist in every segment. Lastly, if you are like most members of the solar industry, you enjoy helping families achieve their goals and building meaningful relationships in your community. Anyone can write a Trustpilot review. How many years of experience does that lender have? The financial products they offer for solar wont be quite right, and they wont evolve those products to meet changing needs. Lenders with aggressive sales tactics may be quick to approve customers to meet their own aggressive growth goals but then fail to provide the kind of customer care throughout the process that will protect your brand and win you referrals. 5. As an installer, it is easy to lose sight of the customer experience after energization, and yet, that is precisely when you have an opportunity to collect referrals and reinforce your brand. 4. It seems like everyone is getting into solar lending these days, even the local bank. Otherwise, you might find youve put all of your hard-earned customers in the hands of an unstable lender and youll need to scramble to find yourself a new finance partner. 6. Yes, you can finance the roof replacement if it is part of the solar system installation. The process was super easy and simple. Here are some important questions to ask to keep your business (and your customers) off the solar-coaster: 1. Who is the lender of record for my customers? How does your company balance growth and responsible lending practices? Easy online completion of documentation/paperwork. Here youll find a simple checklist to guide you through the loan paperwork.

Not all homes are good candidates for solar. Have you ever imposed caps on your solar sales or installation partners? The right financing partner is one that deeply understands your needs, as well as the needs of your homeowners.

How muchfunding is available to you currently from those sources? Theyll help demystify solar financing and give you straightforward, expert advice. And you can take the greatest advantage of solar tax credits and rebates with their no interest tax credit deferral. What is the nature of your relationship with the lender? When homeowners receive mixed messages, they will often become confused and feel less confident about going solar. The number of followers has decreased 0.3% quarter over quarter.

Take advantage of an easy online 3-minute application and get an instant credit decision. Nice guys worked hard. System looks good! 5. Your finance partners play a key role in delivering that best-in-class customer experience. No lien is taken on the home, but there will be a lien recorded in the real property registry on the newly installed solar energy system. Everything was done in a very professional manner. 3. 1. Get your credit decision in a matter of minutes. If you aspire to be a profitable, sustainable residential solar company or have a successful career in solar sales, weve put together this guide to help you select the finance partner that will live up to your standards. Sungage did a very good job with financing my project. Can you offer all of my customers a welcome call, the industrys established bestpractice for ensuring customers understand their solar financing? Five Tips For Avoiding Residential Solar Financing Pitfalls, Construction Begins on 10 Pivot Energy Community Solar Projects in Illinois, Tigo Energy Brings New Solar Rapid Shutdown Technology to Market, GAF Energy Builds Second Solar Shingle Manufacturing Facility in Texas, BayWa r.e. The players that pursued rapid growth have since retrenched, gone bankrupt or been forced to radically alter their business model. We received good terms and the loan process was very easy. What is your roadmap for improving your solar program? Multiple financing terms give you the option that is right for you. How much is a happy customer worth to your business? AVOID: Outdated, clunky or inconsistent user experience. 4. You will quickly find that lenders who lack focus on and experience in the solar industry just dont get it. We make it easy for you to use the proceeds from solar incentives to pay back the money youve borrowed. Do you have a customer care team? They refer when they have an experience that moves them to stake their personal brand. (Check finance company reviews on Google,Facebook or EnergySage.) They are really an extension of your brand in the market. Isnt that the lenders problem if they make a bad loan? Verification can help ensure real people write reviews about real companies. Finance partners have the ability to spoil a sale, expose your business to significant liabilities and disrupt your all-important flow of referrals. Ask these questions to make sure your finance partner is leveraging the technology that will keep you setting the pace rather than scrambling to keep up: 1.