SB Finance now offers financing for solar panels

In line with its commitment to sustainability, SB Finance, a subsidiary of Security Bank, now offers loans to customers who want to install solar panels on their homes. Through a partnership with Advanced Energy Technologies (AET) Renewables Plus Co. and Solviva Energy, part of AboitizPower (via SeekCap), customers can now take advantage of financing plans to install solar power systems.

“SB Finance is proud to be leading the way in financing sustainable living by offering affordable loans for rooftop solar panels. By making solar 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 underscores our commitment to supporting renewable energy and creating a more sustainable future,” said Abbie Dans-Casanova, President and CEO of SB Finance.

Partnerships between SB Finance and solar panel system providers combine accessible financing and renewable energy technology tailored to customer needs through an unsecured personal loan product, which is the exclusive provider of installment plans for Solviva and AET solar systems.

“The partnership with SB Finance aligns perfectly with our mission to expand access to renewable energy. This allows us to provide affordable financing options and make it easier for homeowners to invest in solar energy, help reduce electricity costs and contribute to environmental sustainability,” said West Stewart, AET’s Chief Operating Officer.

With SB Finance’s personal loan, customers can borrow up to PHP 2 million, repayable over a period of up to 36 months, to finance the installation of a rooftop solar system.

Interested customers can contact Solviva or AET, book a site visit to determine what type of solar installation is right for their home, and choose financing plans offered by SB Finance. After the assessment, the solar companies will provide a quote, which will be the basis for the loan amount they can borrow from SB Finance.

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This article is sponsored by SB Finance.