While PMD Solar does not provide credit or finance options directly, there are several financing avenues available for individuals and businesses interested in adopting solar power solutions in South Africa. These options can help you overcome the initial cost barrier and make the switch to solar energy more accessible.
PayJustNow: PayJustNow allows you to split your online purchases into three equal, interest-free payments over two months. It’s a convenient option for spreading the cost of solar equipment purchases.
Zandile Cash Loans: Zandile Cash Loans is a South African financial services provider that offers personal loans, which you can use for various purposes, including financing your solar installation. They offer both short-term and long-term loan options.
Capitec Bank: Capitec Bank is a prominent South African bank known for its competitive personal loan products. You can explore their personal loan options for financing your solar project.
Online Retailer Financing: Some online solar retailers in South Africa may offer their financing options or partnerships with credit providers to help customers finance their solar purchases. It’s worth checking with the specific retailers you plan to buy from.
Peer-to-Peer Lending Platforms: Some peer-to-peer lending platforms in South Africa may offer personal loans with competitive rates that you can use for solar financing. Examples include Rainfin and Fundrr.
Credit Cards: If you have a credit card with a sufficient limit, you can use it to finance your solar purchases. Many credit cards offer installment payment plans with lower interest rates for certain purchases.