SB Finance now offers financing for solar panels
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, and SeekCap, a loan marketplace by UBX Philippines Corporation, 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. After assessment, the solar companies will provide a quotation which will be the basis of the loan amount they can borrow from SB Finance. Once the quotation is given, clients may head to AET or SeekCap websites and apply for a financing plan from SB Finance.
About SB Finance
SB Finance, Inc. is a Security Bank and Krungsri partnership registered with and regulated by the Securities & Exchange Commission (SEC), and supervised by the Bangko Sentral ng Pilipinas (BSP). Classified as a non-bank financial institution (NBFI), it aims to enrich lives as it envisions to be the Philippines’ preferred financial service provider.
About Advanced Energy Technologies
Advanced Energy Technologies/Renewable Plus Co, Inc. specializes in innovative clean tech solutions with a focus on Clean Water and Clean Energy Technologies. Since 2012, they have pioneered solar panel projects and facility management services for major corporations in the Philippines. Leveraging a robust network in India, they deliver high-quality, cost-effective renewable energy projects, including significant developments in solar energy. Visit aet-rp.com to avail of AET’s products and services.
About Solviva Energy
Solviva is the country’s leading provider of residential rooftop solar. It offers personalized solar concierge services, flexible financing options, and expert installation and maintenance services to empower Filipino families with reliable and sustainable power. Visit solvivaenergy.com/seekcap to avail of Solviva’s products and services.