The new version of the platform features the following updates:
- An improved user experience adapted to make for a highly streamlined financing application process
- The option to apply for a construction loan, a term loan, both, or a project refinancing
- New document uploading and storage capabilities for project due diligence
- A rapid turnaround time for indications and term sheets
Since the platform's launch last year at Solar Power International, one of the largest solar conferences in the United States, Open Energy has seen more than 170 applications and anticipates the demand to grow in the coming months as returning customers look to finance additional projects and new developers looks to build out their portfolios.
To schedule a demo of the enhanced financing application portal, please e-mail email@example.com.
About Open Energy
Open Energy provides innovative financing solutions to support the growth of U.S. commercial and industrial solar energy infrastructure. Open Energy's financing approach and borrower platform utilizes an innovative, technology-driven underwriting process. For borrowers, Open Energy offers increased access to capital and a streamlined time- and cost-efficient loan application process. For institutional and accredited investors, the strict risk methodology offered through Open Energy's proprietary online platform delivers quality project secured debt with strong risk-adjusted returns. For more information about Open Energy and its debt financing solutions, please visit www.openenergygroup.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/open-energy-launches-broad-updates-for-first-ever-online-commercial-solar-loan-portal-300325838.html
SOURCE Open Energy