Monetary firm OneEthos introduced it has acquired Bodhi, a photo voltaic buyer expertise platform whose automation and AI instruments assist photo voltaic installers defend and develop their enterprise by means of referrals and repeat prospects. The quantity of the transaction was not disclosed.
In partnership with affiliate Local weather First Financial institution, OneEthos and Bodhi will present photo voltaic installers with clear, reasonably priced financing. The businesses present a 30-year, no-dealer-fee photo voltaic mortgage, dependable milestone funds backed by an FDIC-insured financial institution and software program that ethically enhances the client expertise to construct belief, whereas driving pace of execution, buyer engagement and gross sales by means of referrals and cross-sales.
“Residential photo voltaic nonetheless must develop exponentially, and that can solely occur if our business retains incomes extra belief from householders at each step,” stated Scott Nguyen, CEO and founding father of Bodhi. “Installers want new sorts of partnerships that assist them win with each economics and execution. OneEthos permits us to do exactly that. Bringing collectively photo voltaic financing and buyer expertise is a sensible method to assist extra installers develop whereas delivering a greater expertise for householders.”
“Local weather First Financial institution pioneered a mannequin targeted on true affordability, providing 30-year, no-dealer-fee photo voltaic loans that don’t rely on tax incentives and, in lots of instances, are extra reasonably priced than leases whereas enabling full buyer possession,” stated Marcio deOliveira, CEO of OneEthos. “The acquisition of Bodhi helps us proceed and develop that mission. We stay dedicated to spend money on know-how and actively rent to scale our staff, bettering pace of service whereas delivering moral, consumer-focused options that enforces client safety controls, construct belief, and assist long-term progress.”
Bodhi has facilitated greater than 30,000 photo voltaic installs, and installers utilizing the platform have a median Web Promoter Rating of 65. OneEthos has greater than 500 permitted installer companions in its community. Collectively, the businesses goal to present U.S. photo voltaic installers a stronger basis for progress in a extra demanding market. Bodhi can be supplied for free of charge to installers who’re dedicated to moral photo voltaic financing and are concerned about 30-year, no-dealer-fee photo voltaic loans as an alternative choice to leases, enabling quick buyer possession whereas sustaining affordability.
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