Who is Brighte?
Brighte was founded on the basis of providing transparent, fast and affordable finance options to make paying for solar easy. They opened their doors in 2015 and have since approved more than $1.6 Billion in solar finance for Aussie homeowners.
What is a Green Loan?
The Brighte Green Loan is a financial product designed to help homeowners invest in environmentally friendly home improvements, including solar panels, battery storage, and other energy-efficient upgrades. You can borrow between $1,000 and $45,000 with this loan, which features a fixed interest rate starting from 8.99% per annum.
The loan terms range from 2 to 10 years, allowing flexibility in repayment schedules. Key costs associated with this loan include an establishment fee of $199 and a weekly account keeping fee of $2.70.
Importantly, the loan allows for early repayments without any additional fees, providing borrowers with the flexibility to pay off their loan sooner if they choose. Approval times are quick, generally within 1 to 3 business days, making it a convenient option for timely home upgrades.
