In line with its push for sustainability, SB Finance, an affiliate of Security Bank, now offers loans for customers who want to have solar panels installed in their homes. Made possible through a partnership with Advanced Energy Technologies (AET) Renewables Plus Co., and with Solviva Energy, a part of AboitizPower, (via SeekCap), customers may now avail of financing plans for solar power system installations.
“SB Finance is proud to lead the charge in financing sustainable living by offering accessible loans for rooftop solar panels. By making solar energy investments more accessible, we empower our customers to make eco-friendly choices that positively impact their finances, as well as the environment. This financing initiative highlights our commitment to supporting renewable energy, and creating a more sustainable future,” said SB Finance President and CEO Abbie Dans-Casanova.
The partnerships between SB Finance and solar panel system providers combine accessible financing and renewable energy technology tailored to the needs of customers through the company’s non-collateralized Personal Loan product, which is the exclusive provider of installment plans for both Solviva and AET solar power systems.
“Partnering with SB Finance aligns perfectly with our mission to expand access to renewable energy. Through this, we’re able to provide affordable financing options, and make it easier for homeowners to invest in solar power, help reduce their electricity costs, and contribute to environmental sustainability,” said West Stewart, Chief Operating Officer of AET.
With SB Finance Personal Loan, customers can borrow loan amounts of up to PHP 2 million, payable for up to 36 months, to finance their rooftop solar system installation.
Interested clients can contact Solviva or AET, book a site visit to determine what type of solar power installation is suited to their homes, and opt for the financing plans offered by SB Finance. After assessment, the solar companies will provide a quotation which will be the basis of the loan amount they can borrow from SB Finance.
