Clean Energy Financing Ready to Scale with TurnKey Lender
Renew Financial is a provider of PACE (Property Assessed Clean Energy) loans and the first company to offer this type of financing in California. The company will use the TurnKey Lender Loan Origination System to digitize this financing process and apply intelligent technology to make accurate credit decisions faster than anyone else in the space.
Founded in 2008, Renew Financial offers affordable financing for renewable energy and energy efficiency projects and is expanding its array of financing products to help move America toward a clean energy model. Renew Financial’s innovative financing solutions cover solar panels, HVAC systems, window units, and other products to help contractors build businesses with minimal carbon and environmental footprint. Renew is a multidisciplinary team of experts in finance, technology, operations, and government policy to innovate the Property Assessed Clean Energy (PACE) financing model.
Renew Financial will use the TurnKey Lender LOS to fully automate their loan origination and credit decisioning processes as well as pursue other automation opportunities. Configurable application forms, API-enabled software, scalable infrastructure, AI-driven loan decisions, and enterprise-level security provided by TurnKey Lender will assist Renew Financial’s long-term business development and expansion plans. The flexibility of the TurnKey Lender solution will allow the business to seamlessly adapt credit products to each new state and jurisdiction.
About TurnKey Lender:
TurnKey Lender is the pioneer of the lending automation space providing award-winning AI-based software for intelligent end-to-end digitalization of banking. TurnKey Lender supports multiple credit products – both commercial and consumer – on the same flexible and integrated SaaS platform. Anyone can use the solution to compete with both traditional lenders and fintechs by providing online and mobile services to their customers and providing their borrowers with an unparalleled user experience including credit decisioning in under 30 seconds. Some of TurnKey Lender’s customers include HSBC, RHB, National Iron Bank, H&R Block, and Bank Atlantique.
Schedule a personalized demo to learn how TurnKey Lender can help your business adapt to the digital-first reality.