Paramount Solar Launches Proprietary Fund to Provide Affordable Solar Financing in California and Arizona
Roseville, California (PRWEB) July 16, 2013 -- Paramount Energy Fund Will Support Company Growth and Expansion Plans
Paramount Solar®, a division of Paramount Equity®, based in Roseville, California, and U.S. Bank have partnered to create a renewable energy fund, the Paramount Energy Fund, that will finance approximately 1,600 residential solar systems. With this fund, Paramount Solar will provide homeowners with a fully-integrated solar offering, from financing through installation.
Paramount Solar originates more than 500 residential solar systems per month, and more than 6,000 families have gone solar with the company since 2009.
Paramount Solar has cultivated a strong customer base while refining their superior marketing systems throughout the past four years, utilizing multiple financing platforms from third-party financers. In 2013, the company, now reaching critical mass, is expanding into proprietary financing options.
“The introduction of this fund will allow Paramount Solar to continue in its substantial growth path,” says Hayes Barnard, CEO of Paramount Solar. “We have already seen great success with this product since its implementation in April and are confident in our ability to offer the best value proposition for the customer relative to any other financing package in the industry.”
The Paramount Solar Fund is the latest residential solar fund to employ Clean Power Finance’s CPF Market® platform, which powers the entire process from pricing and system development through ongoing monitoring.
“The CPF Market is the perfect fit for the Paramount Energy Fund. It has allowed Paramount Solar to take its highly successful marketing and customer acquisition business and transformed the company into a full-service residential solar provider,” said Nat Kreamer, CEO of Clean Power Finance®.
Paramount Solar and its parent company, Paramount Equity, have a proven history in consumer finance, providing 55,000 customers with more than $12 billion in loans. It is this experience and consumer finance legacy that allows Paramount Solar to streamline their processes and offer homeowners the most competitive savings in the industry. The company is actively expanding into additional East Coast and Midwest states and is forecasting to grow their solar customer base by more than 100 percent in 2013.
About Paramount Solar
Paramount Solar, a division of Paramount Equity, focuses on saving homeowners money by providing them with efficient and affordable PV solar power systems. Paramount Solar makes going solar simple. They deliver a one-stop, streamlined process that includes financing, custom design, solar installation, permit and rebate completion, product warranty, and ongoing solar system monitoring. With its innovative financing options, Paramount Solar customers can now go solar for as little as zero down and can start saving money in the first month of service.
For more information contact:
Contact: Liz Freeman, public relations manager
Phone: 916-218-7068
Email: lfreeman(at)paramountequity(dot)com
Liz Freeman, Paramount Equity, 916-218-7068, [email protected]
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