JinkoSolar Holding Co.’s wholly owned subsidiary, JinkoSolar (U.S.) Inc., will begin offering residential solar financing to its customers through the GreenSky Program in the U.S. Installers who purchase JinkoSolar PV modules can now register to use GreenSky’s competitive loan program and its technology platform, which includes a mobile application to help installers get homeowners approved in a process that is paperless, fast and easy. There will also be a call center to help installers or homeowners with any questions.
Also, JinkoSolar’s installers can receive progress payments on each installation, creating better cash flow and an opportunity to tackle more jobs.
“Our mission aligns nicely with GreenSky’s mission. We seek to help our installers grow and delight their customers,” said Jeff Juger, Director of Business Development of JinkoSolar (U.S.) Inc. “Many installers are technically proficient but lack the financing options that appeal to homeowners. This program will give our installers a competitive edge, as homeowners increasingly look to own their own solar systems. In all, we believe this offer will allow installers to earn more business and homeowners to put solar cost-effectively on their rooftops.”
The program is available immediately in all 50 states. Homeowners who own the system can take full advantage of the federal investment tax credits, as well as any local and state incentives. Interested installers can find out more information here.
JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 3 GW for silicon ingots and wafers, 2.5 GW for solar cells, and 4 GW for solar modules, as of Sept. 30, 2015. JinkoSolar also sells electricity in China, and has connected approximately 846 MW of solar power projects to the grid, as of Sept. 30, 2015.
GreenSky is a financial technology company that provides technology-enabled, payment solutions that power its partners to close more deals and create loyal customers. In just nine years, GreenSky has exploded into a multibillion-dollar company that has helped more than 8,000 merchants provide fast, frictionless and easy financing options to more than 500,000 consumers.
— Solar Builder magazine