Point-of-sale finance forsolar installersbattery installersheat pump installersdeep retrofit contractorssolar, batteries, heat pumps and deep retrofit
Luna adds a finance option to your quote. Your customer applies on their mobile device and the lender gives a decision in minutes.
€12,551 repayable over 7 years, of which €2,551 is the cost of credit. 6.9% APR.
An example quote at a sample rate, to show how it looks to your customer. It isn’t an offer of credit. Actual rates and eligibility are set by the lender.
You do the survey, price the job properly and take off the SEAI grant. The quote comes to €10,000 and the customer says “we’ll think about it”. They want the work done but don’t have €10,000 to hand.
So they ring the bank or credit union and start a loan application. They’re asked for payslips and statements and it drags on for a few weeks. You follow up once or twice, and then you’re on to the next survey.
There are good loans available, but the customer has to source one themselves and plenty of them never get around to it. Luna puts this loan in front of them while your quote is still in their hand.
Luna connects the quote you send to a regulated lender, providing your customers with a monthly payment option.
Price the job the way you always do and take off the grant.
The quote goes out with a choice of repayment terms. Each one shows the monthly payment and what the loan costs in total.
It takes a few minutes before they get an on-the-spot decision from the lender.
When the job is finished and your customer has signed it off, you’re paid in full.
Plenty of customers who can’t find €10,000 this month can manage €149 a month. With the option there on the quote, they can say yes while the survey is still fresh in their mind.
Your customer doesn’t have to go to their own bank and you don’t have to wait weeks for an answer. They apply from your quote, get an on-the-spot decision, and you get the job in the diary.
When the price is monthly, adding a battery is about €45 a month rather than €3,000 up front. That makes it easier for them to engage the full job, not the reduced version.
The lender pays your invoice once the customer signs off the work, so there’s no waiting on a transfer or collecting it in parts. If a customer misses repayments later, that’s between them and the lender.
Give us twenty minutes and a job you priced recently. We’ll run it through Luna with you, so you can see what your customer would see.
Email these details to hello@lunapay.ie and we’ll be in touch to arrange a time.