Same-As-Cash-Loans
The Same-As-Cash Loan (SAC) from EnerBank makes closing deals, increasing project size, and delighting homeowners an absolute breeze. We call it “Same-As-Cash,” but really, it’s better than cash, because it’s a short-term lending solution with no interest and no monthly payment required during the “same-as-cash” period — (on approved credit – interest waived if paid in full during the same-as-cash period) — which means homeowners can use their cash elsewhere.
Reduced Interest Loans
A Reduced Interest Loan (RIL) is just like it sounds — a lower interest rate loan that is set up for a longer-term. Homeowners pay back the RIL through easy monthly payments, helping them get the home improvement project they want in an affordable way.
Zero Interest Loans
Zero interest is a mighty attractive offer. The EnerBank Zero Interest Loan (ZIL) offers the unique features of equal monthly payments combined with a 0% fixed APR. If qualified for a ZIL through EnerBank, homeowners will appreciate getting the home improvements they want with a 0% fixed APR throughout the full term of their loan.
Traditional Installment Loans
The Traditional Installment Loan (TIL). is a longer-term loan which homeowners pay off through equal monthly installments. A TIL can be a good choice for a customer who wants to make payments and get a better interest rate than a credit card.
Yes Loans
Every customer your dealers work with is unique, and so is their financial situation. That’s why EnerBank developed the YES Loan, an integrated counter-offer payment option that can help less creditworthy customers get funding for their home improvement projects.
