Discover How LoanTerra Can Revolutionize Solar Lending for Credit Unions in Washington

Discover How LoanTerra Can Revolutionize Solar Lending for Credit Unions in Washington




If you've been following recent updates from the Washington DFI about solar lending and the new Solar Consumer Protection law, you might have noticed an important omission—the pervasive issue of Hidden Loan Fees in solar lending.

LoanTerra, the nation's leading consumer-centric green lending company, is here to address this critical gap. With over a decade of experience in solar lending, our CEO and Founder, Bill Paulen, has been at the forefront of this industry transformation. Having served as a credit union CEO and participated in drafting the new Solar Consumer Protection law, Bill's expertise ensures that LoanTerra is equipped to provide unparalleled support in green lending.

The passage of this new law in 2023, influenced by Bill's contributions, now requires full disclosure of deceptive Hidden “Dealer Fees” that have long plagued the solar industry. This regulatory change presents a unique opportunity for credit unions to excel in solar financing.

LoanTerra was created to seize this opportunity and help credit unions and community banks navigate the complexities of green lending. The platform is designed to be accessible and effective, regardless of an institution's experience with solar lending, technology infrastructure, or asset size.

Here's what LoanTerra offers credit unions:

  • Rapid Implementation: Launch your solar lending program in days, not months.
  • Brand Focus: Promote your credit union's brand, ensuring that your identity remains at the forefront.
  • Local Engagement: Attract local borrowers with high-quality, high-yield loans tailored to your community.
  • Flexible Terms: Enjoy the freedom of no term commitments, sign-up costs, or contract termination fees.

LoanTerra is more than just a lending platform; it's a partnership aimed at propelling credit unions into the Clean Energy Transition. This transition represents one of the most significant opportunities for credit unions in a generation, and LoanTerra is here to ensure they succeed.

To learn more about how LoanTerra can revolutionize solar lending for credit unions, visit www.loanterra.com and www.creditunionsolar.com.

For a personalized consultation, email Bill Paulen at Bill.Paulen@loanterra.com.

Witten by: Bill Paulen, Kris Wilson, Anders Alexander and ChatGPT.


Anders Alexander

Electrification Leader

6mo

Patrick Waldo

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