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Smaller, regional banks and credit unions are increasingly looking to help homeowners finance solar installations.
Clean energy advocates are hopeful the availability of local lenders will increase options for borrowers and provide a greater comfort level for those who might be less inclined to trust online lenders or large national banks.
One Iowa community bank is among the latest to compete with national lenders to finance solar installations. Advocates hope the trend creates more options, trust and comfort for borrowers.