OpenSolar and Mosaic merge solar financing services

OpenSolar, a free solar design and sales platform, and Mosaic, a financing platform for U.S. residential solar and energy-efficient home improvements, are partnering to build on their shared mission to drive solar adoption at scale.

Both companies aimed to build efficiencies into the solar sales process — OpenSolar through its free-to-use, end-to-end design and sales platform, and Mosaic through its range of financing options.

The integration of the two companies aims to provide solar installers with the ability to offer their customers competitive financing options to purchase solar in the sales proposal. The goal is to streamline applications and financing options within the project proposal, hopefully converting leads into sales in less time.

“At OpenSolar, we recognize that solar installers are on the front lines of the world’s transition to clean energy, and we are determined to provide them with the most accurate, fastest and streamlined capabilities to convert more leads into closed sales through our free-to-use design and sales platform,” said Andrew Birch, co-founder of OpenSolar. “Mosaic has been an industry leader for the past decade with their innovative financing options and equally innovative software app, and I’m excited to partner with them on our shared mission to make solar adoption faster, easier, and more accessible for all.”

OpenSolar also recently inked partnership deals with IronRidge, Sungage Financial and Greenlancer. Since its launch in 2019, OpenSolar’s design and sales platform has been used by solar installers in over 100 countries to convert more prospects into booked sales.

Mosaic announced in November that it surpassed $6 billion in loans funded. The announcement came just four months after the company surpassed $5 billion in loans and nine months since $4 billion in loans was announced.

“Mosaic easily integrates our financing options into the tools contractors use every day, which helps solar professionals seamlessly access the most competitive financing solutions in the market,” said Billy Parish, founder and CEO of Mosaic. “Mosaic’s integration with OpenSolar’s end-to-end design and sales platform enables us to service more installers and in turn, more homeowners as they make the switch to clean energy.”

News item from OpenSolar

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Original Source: https://www.solarpowerworldonline.com/2021/12/opensolar-and-mosaic-merge-solar-financing-services/