SPI 2014 - Admirals Bank to Unveil New Solar Loan Products and Services at Solar Power International
Admirals Bank, a national leader in residential solar and renewable energy financing, is announcing the addition of two new residential loan products to its suite of innovative financing options: The FastTrack and FastTrack Deferred loan programs.
Boston, MA & San Francisco, CA October 16, 2014
These products allow for faster loan approval times, a more seamless application process, and enhanced service levels and availability. The FastTrack program will be offered through a dealer program.
In addition, Admirals Bank is introducing a solution for commercial solar customers. These loans will primarily service under-served, small-to-medium sized businesses and address a growing need in the commercial sector for affordable solar financing.
Admirals Bank will showcase these new product offerings at Solar Power International in Las Vegas, NV from October 20th – 23rd. Daily presentations and additional information will be available at the Admirals Bank booth, #3704.
"We saw how the declining costs of solar panels and emerging financing options had contributed to the exponential growth of the industry," said Nicholas W. Lazares, Chairman and Chief Executive Officer of Admirals Bank. "Our new loan programs align with the needs of today's solar customer and we will continue to develop and enhance our offerings as the industry evolves."
In addition to being an advantageous product for consumers, the FastTrack program also meets the expectations of installers and other industry professionals. This program allows Admirals Bank to provide their dealer network with broader and more flexible loan options, including loan options without dealer fees and loan options for low FICO borrowers.
For more information about Admirals Bank's residential and commercial solar loan products and to register to begin offering financing for your customers visit booth #3704 at SPI or call 800-715-8472 or visit http://www.admiralsbank.com today.