Aven provides a simple and fast way of financing projects using the HELOC model. This guide will show you how to use Aven to generate proposals that incorporate flexible payment solutions, making it easier to provide financing during the sales process.
By following the steps below, you’ll be able to quickly offer customers the financial flexibility they need, streamlining the proposal and approval process.
Step 1: Log in to your SubcontractorHub account.
Step 2: Click “New Customer”.
Step 3: Add all the details and click “Create Customer”.
Step 4: Click “View Detail”.
Step 5: Click “Utility” and select the preferred utility provider from the dropdown.
Step 6: Scroll down and enter the client’s KWh usage. You can either input the monthly or the annual usage data.
Step 7: Once you have input the values, click “Start Design”.
Step 8: Using the AI-Assisted design tool, identify the correct home, align it with the tool’s crosshair and click "Confirm".
Step 9: Select the modules you want to include in the design, and you’ll see the system size, offset, and production update instantly in real time. Adjust the electric bill pricing and annual usage to match your customer’s requirements. You can also choose the panel type to be used in the system as part of the design process.
Step 10: Click “Save”.
Step 11: Your AI-Assisted design is ready with system size details.
Step 12: Scroll down to the battery section and turn the toggle on. Select the preferred battery from the options.
Step 13: Next, scroll down to the adder section and select the preferred adders from the options and click done.
Step 14: Once the adders are finalized, scroll down to the financing section. Add the down payment amount and click “Update”.
Step 15: Select “Aven” from the fully integrated financing options and click “Get Estimated Offers”.
Step 16: Enter your FICO score and click “Submit”.
Step 17: Click “Add” once the estimated rates and amount show up.
Step 18: Click “Finalize” to complete the quote.
Step 19: Click “Go to Lender Portal”.
Step 20: Select if the customer will apply for financing in person or receive an email with the qualification form. For this walkthrough, we have chosen “In Person”. Click “Send” after selecting the “In Person” option.
Step 21: Click “Open URL”.
Step 22: Once the URL opens, type the phone number and click “Check Your Offer”.
Step 23: Click “Continue”.
Step 24: Fill out all the information and click “Continue”.
Step 25: Fill in the pre-tax household income and click “Continue”.
Step 26: Select the preferred rate and number of payback years and continue to the next step.
Step 27: You can either choose to provide information regarding demographics or skip them to continue ahead.
Step 28: Once the cash amount shows up, click “Continue” to proceed.
Step 29: Add the required information on the next page and click “Continue”.
Step 30: You will be directed to a page where you can select a date and time of consultation.
Step 31: Come back to your SubcontractorHub proposal and click “Sync Quote”.
Step 32: On syncing the quote, the finance card will show “Qualified”. Additionally, you will be able to see the status of your application.