SMA, the global market leader for solar inverters, and Sungage Financial, a financial solutions provider for the residential solar industry, entered into a partnership that will pair Sungage’s simple-to-use solar financing products with SMA’s inverter solutions for the residential market across the U.S.

Sungage offers a solar financial platform called “Sungage® Solar Loan” for residential solar loan business. It enable homeowners to save on energy and capture the financial benefits of solar ownership. The Sungage® Solar Loan does not require a down payment and offers flexible repayment terms. Sungage’s platform prioritizes ease-of-use for the trade professional, helping to simplify and speed the loan process.

With SMA’s 30-year experience, global leading service and innovative products, the partnership will support the growth of the residential solar market segment and is expected to increase the residential solar ownership in the future. SMA’s solution and Sungage’s financial service could address consumer needs while making the progress easy and profitable for professionals.

Henry Dziuba, President and General Manager of SMA America, said, “With our commitment to quality and service, SMA offers solutions that create long-term value for homeowners, which is paramount to helping installers remain profitable in a highly competitive market. Through our affiliation with Sungage, solar professionals can capitalize on quality and value in choosing their financing partner.”

Sungage will support SMA’s upcoming “More Power, More Profit” roadshow through participation and, in particular, sales training at select events. Installers interested in attending the roadshow should consult the tour schedule for details.