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Are you tired of throwing away 5, 10 or even 30 or more solar deals a month due to your clients not qualifying for financing due to LOW credit scores or lack of income?
How much money are you losing every week?
Synergic Solar created the Phoenix Solar Special Finance Program to help solar dealers put more money in their pockets from deals that normally would just end up in the trash or a ‘dead deals’ drawer.
Bet you have a few of those deals just sitting around, don’t you?
Now they are worth a minimum of $1,500 up to $10,000 or more per funded transaction to you!
Simply sign up to become a referring dealer in our program to submit your solar deals that you can’t get bought due to credit or income qualifications, you will then be given a portal to submit your clients to us for solar system installation and financing.
We do solar financing deals all the way down to 500 credit scores and with NO income verification, clients are qualified based on their home equity and must not have more than 19 late payments on their mortgage and no BK or Foreclosures in last 5 years.
Simple!
What you submit:
We will then contact your client to introduce our company and our solar special financing program, confirm the terms they agreed to for solar financing previously, confirm the system designed fits their needs, etc.
After confirming we then put together our design proposal to match yours when possible, get the client’s agreement and process for financing.
Once approved we then will install the solar system and you as the referring dealer will be paid your commission.
How Commission is Calculated
Example:
Original (Credit Denied Financing) Contract = $50,000 (including dealer financing fees.)
Cost of system installation = $40,000
Fees originally charged to client = $10,000
Client sold solar from Synergic Solar @ $50,000 Sales Price
Commission to dealer on closed deal = $5,000
(Commission calculated from previous finance fees: $10,000/2)
*Commission will vary should deal need to be sold below original contract price, in example above if Sales Price was dropped to $48,000 the dealer commission would be $4,000. Should Sales Price be dropped to $40,000 or below to enable client to meet funding requirements based on equity of home a $1500 (mini) will be paid to referring dealer.
*Commission paid is not increased should Synergic Solar raise the sales price of a solar system above the original financed amount.
*Commission ONLY paid on qualified special finance referrals that purchase a solar system through Synergic Solar when contract is funded.
*M2 payments are typically distributed 30-45 days after contract is signed depending on installation times.
*If deal is submitted without a signed solar purchase and financing offer for solar system from the client $1500 mini per funded deal will apply. (Complete submissions are worth more.)