Blu Banyan, a leader in providing SolarSuccess business management software to solar installers, has introduced Blu Opportunity, a groundbreaking lending platform aimed at simplifying the process of obtaining consumer financing for solar projects. With competitive interest rates and zero origination and dealer fees, Blu Opportunity ensures that homeowners can invest in solar energy with confidence, knowing that their projects will yield a quicker return on investment.
Integrated with Blu Banyan’s SolarSuccess platform, Blu Opportunity streamlines loan processing, origination, and servicing, allowing solar installers to receive payments directly and within just 10 days of origination. Partnering with Concord Servicing, a trusted loan servicing provider for residential solar companies, ensures that loan portfolios are serviced professionally and consumer-friendly, ultimately reducing the cost of capital for solar installers.
Blu Opportunity, a pioneering FinTech company majority owned by Blu Banyan, supports the US Department of Energy’s Orange Button Initiative to drive digital transformation in the solar industry, ultimately reducing costs for consumers. With over 4,500 solar projects in the pipeline for the remainder of 2024, Blu Opportunity’s innovative lending platform comes at a crucial time to help solar installers overcome challenges in growing their businesses, especially in the face of high interest rates.
Concord Servicing, with over three decades of experience in delivering award-winning loan servicing solutions, ensures that Blu Opportunity’s loan portfolio performs at the highest levels, providing peace of mind for solar installers and homeowners alike. With more than 3 million active accounts and $16 billion in managed assets, Concord Servicing is a trusted partner in the residential solar industry.
Blu Opportunity’s integration with the SolarSuccess platform allows for automated payment processing, simplifying and expediting the payment process for all parties involved. By prioritizing environmental stewardship and economic viability, Blu Opportunity is shaping the future of the solar industry and contributing to a greener, more sustainable world. For more information on Blu Opportunity, visit their website at https://bluopportunity.com or learn more about Concord Servicing’s portfolio servicing solutions at http://www.concordservicing.com.
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