Our new loan programs align with the needs of today’s solar customer and we will continue to develop and enhance our offerings as the industry evolves.
Boston, MA & San Francisco, CA (PRWEB) October 16, 2014
These products allow for faster loan approval times, a more seamless application process, and enhanced service levels and availability. The FastTrack program will be offered through a dealer program.
In addition, Admirals Bank is introducing a solution for commercial solar customers. These loans will primarily service under-served, small-to-medium sized businesses and address a growing need in the commercial sector for affordable solar financing.
Admirals Bank will showcase these new product offerings at Solar Power International in Las Vegas, NV from October 20th – 23rd. Daily presentations and additional information will be available at the Admirals Bank booth, #3704.
“We saw how the declining costs of solar panels and emerging financing options had contributed to the exponential growth of the industry,” said Nicholas W. Lazares, Chairman and Chief Executive Officer of Admirals Bank. “Our new loan programs align with the needs of today’s solar customer and we will continue to develop and enhance our offerings as the industry evolves.”
In addition to being an advantageous product for consumers, the FastTrack program also meets the expectations of installers and other industry professionals. This program allows Admirals Bank to provide their dealer network with broader and more flexible loan options, including loan options without dealer fees and loan options for low FICO borrowers.
For more information about Admirals Bank’s residential and commercial solar loan products and to register to begin offering financing for your customers visit booth #3704 at SPI or call 800-715-8472 or visit http://www.admiralsbank.com today.
About Admirals Bank
Admirals Bank is a federally-chartered financial institution headquartered in Boston, MA with a Regional Banking Center in Providence, RI, and a Renewable Energy Lending Center in San Francisco, CA. Since 2012 Chairman and CEO, Nicholas W. Lazares, has focused the Bank’s home improvement lending efforts in the residential solar and renewable energy industry, opening Admirals Alternatives, the Renewable Energy Lending division of Admirals Bank. Admirals Bank also remains a leading national provider of the Title I Home Improvement Loan for a variety of other home improvements. Admirals Bank offers customers additional home borrowing solutions such as residential mortgages and the FHA 203(k) Loan. In addition, Admirals Bank is an active acquirer of commercial real estate loans in the secondary market with over $1 billion in acquisitions since 2010. Admirals Bank has also introduced Bespoke Banking to the financial industry, which is individually tailored, highly customized, concierge banking. Bespoke Banking offers checking and savings accounts which can be conveniently maintained online or via a mobile device. Admirals Bank is an Equal Housing Lender and Member FDIC. NMLS #527702