Bees & Bears offers a digital platform for renewable energy installers to provide point-of-sale financing for solar, battery storage, and heat pump installations. The platform enables real-time credit decisions for customers and direct fund disbursement to installers, simplifying the sales process and increasing accessibility to sustainable energy solutions.
Funding
$520.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Installers of renewable energy systems face challenges in offering flexible payment options to customers, which can limit sales conversion and accessibility to sustainable technologies. Traditional financing processes are often time-consuming and complex, creating a barrier for both installers and end-users.
Solution
Bees & Bears provides a digital platform that enables installers to offer point-of-sale financing for renewable energy installations such as solar panels, battery storage, and heat pumps. The platform facilitates real-time credit decisions, allowing customers to select installment plans directly at the point of sale. Installers receive prompt disbursement of funds, streamlining their cash flow and enabling them to focus on project execution. This solution aims to increase sales volume for installers by making sustainable energy investments more attainable for a broader customer base.
Target Audience
The primary customers are installers and contractors specializing in renewable energy systems, including solar, battery storage, and heat pumps, who seek to enhance their sales process with flexible customer financing.
Features
- Digital platform for installers to generate and present installment financing offers.
- Real-time credit decisioning for end-customers, with decisions typically provided within seconds.
- Support for financing terms ranging from 1 to 25 years.
- Maximum financed amount per installation up to €70,000.
- Direct disbursement of funds to installers upon successful customer financing.
- No upfront costs for installers utilizing the financing solution.
- Customer data input is handled directly by the end-user through the platform.
- API integration capabilities for seamless workflow within installer operations.