Solar Loan Application - Run Credit here https://finance.almika.io/PowerProSolutions/PPS1
Embedded Files
HDM
HDM
Yes
Max Price Per Watt (PPW) Cap
Max Price Per Watt (PPW) Cap
$5.75 per watt
Adder Cap:
15% of total loan (excluding batteries, generators, MPU)
Adders include: line side taps, energy management, tree trimming, subpanels, trenching, and more.
Exclusions from caps: backup energy storage, batteries, generators, MPU.
This ensures loan pricing stays within defined limits for solar projects.
Almika Platinum Program Summary (May 2025 Version)
Almika Platinum Program Summary (May 2025 Version)
Highlights:
Faster Payments: Within 5 business days post “Cleared for Funding.”
Lower Program Fees: Helps attract and retain customers.
Lower FICO: Minimum 670 now accepted.
Reduced Repurchase Requirement:
Platinum dealers only repurchase if customer fails first 3 payments or dealer is at fault.
Flexible Call Scheduling: Extended hours up to 8:30 PM CST.
Ground Mounts: Allowed outside Texas.
Eligibility:
10 installs in first 90 days
Almika as primary lender
730 avg FICO score
PTO Holdback:
$2,500 held back until Permission to Operate is approved.
Payment Factors
Payment Factors
Almika Welcome Call Process and Script (1st Call)
Almika Welcome Call Process and Script (1st Call)
Welcome Call Process – Last Updated: December 2023
Summary:
Conducted by the Borrower Servicing Team before NTP (Notice to Proceed).
Loan terms must be disclosed and borrower must consent.
Notes added to portal (e.g., “WC completed [date]. Payment information verified.”)
QA provided periodically by the Operations Manager.
If the WC is failed, Zendesk ticket is created, and the spreadsheet marked “No” under “Satisfied.”
Almika Satisfaction Call Script (2nd Call)
Almika Satisfaction Call Script (2nd Call)
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