BayWa r.e. offers a new finance product for its US solar distribution customers. The consumer financing from Spruce Finance Inc. provides contractors and homeowners with a simple and affordable solar loan process. BayWa r.e.’s national dealer network will have access to Spruce loan products that help them grow their businesses and empower consumers to control their energy choices.
BayWa r.e. helps independent solar installation companies build stronger and more competitive sales and installation capabilities. The Spruce loans allow members of BayWa r.e.’s dealer network to improve their cash flow and pipeline management while offering attractive financing to homeowners.
“Spruce’s loans are a great addition to our finance program. They will allow independent installers to grow with fewer constraints and compete with larger national players,” said Boaz Soifer, CEO of BayWa r.e. Solar Systems LLC.