ONTILITY has launched ONFinance, a consumer and commercial financial services program and platform on its ONTILITY Certified Partner Program network.
Residential products available through the ONFinance program include secured home equity loans and secured mortgage refinances for solar and energy efficiency projects, as well as unsecured personal lines of credit, unsecured personal loans, and project and product leasing.
Commercial financial solutions and products include large project and product finance with multiple credit-level capability, as well as large project and product operating and capital leasing. The latter product features options such as credit approval above the requested amount; coterminous lease and add-on capability; deferred payment options; pre-payment options; quarterly, annual and semi-annual payments; and vendor-participation buydown programs. Commercial solar project power purchase agreements are also available.