BlueWave launches solar-loan program in Rhode Island

BLUEWAVE SOLAR, a Boston-based solar fintech company, recently launched a home solar-loan program in Rhode Island offering homeowners up to $100,000 in financing for their home solar system.
BLUEWAVE SOLAR, a Boston-based solar fintech company, recently launched a home solar-loan program in Rhode Island offering homeowners up to $100,000 in financing for their home solar system.

PROVIDENCE – A Boston-based solar fintech company last week launched a home solar-loan program in Rhode Island.

BlueWave Solar is now offering its Home Solar Loan program, a loan that offers homeowners up to $100,000 in financing for their home solar system. The product comes with 12-to-15-year term options and an 18-month interest-only payment period.

“We are thrilled to be launching BlueWave’s Home Solar Loan in our neighboring state of Rhode Island,” said Trevor Hardy, BlueWave’s CEO. “We’re working with a network of local solar installers to bring this product to communities throughout the state and will be helping our customers reap the maximum benefit from their decision to go solar.”

The company is partnering with Avidia Bank of Hudson, Mass., to launch the program, which is also offered in Massachusetts, North Carolina and South Carolina.

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Eli Sherman is a PBN staff writer. Email him at Sherman@PBN.com, or follow him on Twitter @Eli_Sherman.

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