Otovo Limited acts as a credit broker not a lender.
We are now able to connect you with a lender to provide financing on the purchase of a solar PV system with or without battery. You can now spread the cost of a system over 2 to 5 years with no deposit required, on a monthly plan. The interest rate is 9.99% and the APR is 10.45% and payments are made in monthly installments. Full repayment may be made at any time without penalty.
For example for a PV solar system that costs £5,001 the monthly payment for a 4 year loan is expected to be £126.80 and the total interest paid over the entire period of the loan is expected to total £1,085.52.
Please note: Otovo Limited acts as a credit broker not a lender. We will introduce you to a small panel of lenders who may be able to offer you finance facilities for your purchase. European Distributed Energy Assets Limited (FRN: 991365) who are part of the same group as Otovo Limited may be among these. We do not receive any commission for introducing customers to any lenders. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations.
If you have questions, please reach out to us using this contact form.