Dividend Finance

Dividend Finance is a point-of-sale lending platform focused on home energy improvements, particularly solar panel installations, roofing, HVAC upgrades, and other clean energy or energy-efficient home projects. It reaches consumers through solar installers and home improvement contractors who use Dividend's platform to offer financing at the time of project proposals.

Dividend typically offers fixed-rate installment loans for home energy upgrades. A fixed-rate installment loan means you borrow a set amount, the interest rate stays constant throughout the loan, and you make equal monthly payments until the loan is repaid. This is a straightforward loan structure that is easier to evaluate than deferred interest products.

Loan terms can vary in length and will affect both the monthly payment and the total amount of interest paid over the life of the loan. Shorter terms cost more per month but less overall. Longer terms reduce monthly payments but increase total interest. When financing solar panels, comparing the monthly loan payment against the projected reduction in utility bills can help assess the financial value of the investment.

Dividend works with a network of approved contractors, so the financing offer typically comes through your installer. Interest rates depend on creditworthiness, loan term, and current market conditions. Any dealer fees or origination fees charged as part of the loan should be identified and factored into your total cost comparison.

Before accepting Dividend financing through a contractor, ask for the full written loan terms, including the interest rate, any fees, total repayment cost, and prepayment policies. Compare the offer against other options including home equity products, personal loans, or any state and utility clean energy financing programs that may be available where you live.