If you want to use manual entry financing in your proposals, you must first add lenders and their loan or lease products to your database. This setup is required — without it, manual financing options won’t be available in proposals. Once added, you can customize terms, rates, and pricing for each lender. To do so, follow the steps below to set up a lender, define its financial products, and enter pricing details.
Step 1: Locate “Manage Database" and click "Lenders” from the main menu.
Step 2: Click on the “+ Lenders” in the top right corner.
Step 3: Add the lender's name and select the type: Loan or Lease.
Click “Add”
Step 4: Now select the Lender that you have just created to add its financing products.
Step 5: Scroll down and click on “Add Product”.
Step 6: Enter the product term and rate, select the dealer fee type (Percentage or Flat) and fill in the product details as shown in the example below.
Note: Checking the “Do Not Include ITC (Federal Tax Credit)” checkbox ensures that the finance product pricing is calculated without factoring in the ITC within the proposal.
Step 7: Click “Add” to save.
Step 8: Click on the “View Detail” button to add the price.
Step 9: Scroll down the product detail page and click on the “Add Price” button next to the Price Information section.
Step 10: Define the pricing details for the lender’s product by entering key variables such as Sunhour, KWH Rate, PPW Rate, and Status. Click “Save”. These inputs ensure accurate financial modeling for solar proposals.
Note: When product details are updated from a custom lender, the Product tab will display both the new product details and the archived versions. Only the latest products will be available for selection in proposals. Archived products will remain visible in product lists for reference but will not be selectable in proposals.
Step 1: Open the specific lender’s page and go to the Product tab. From the list, click the eye icon next to the product you want to update
Step 2: Update necessary fields. For instance, we’ve changed the Dealer Fee from 11 to 12 and click on “Update”.
Step 3: A new row with updated product details will appear above the archived version.