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Costa Mesa, California-based evNation, an installer of electric vehicle (EV) chargers, solar panels and solar batteries, is partnering with the real estate fintech company QuantmRE to provide debt-free financing options for homeowners seeking to bring evNation’s EV charger and solar installation services to their properties.

In this partnership with QuantmRE, evNation can offer the “Home Equity Agreement” that provides the homeowner with a lump sum in exchange for a share of the future value of the property. With no monthly payments and no added debt, the homeowner can use these funds to add evNation’s EV chargers to their garages and solar panels with battery storage to their homes. The companies not this offering is an alternative to the traditional methods of funding these installations with long lease agreements or a second mortgage.

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“QuantmRE’s Home Equity Agreements are a much-needed alternative financing option than can be an ideal solution for many of our customers,” said evNation’s co-founder Neil Okun. “We look forward to joining forces on a shared vision to bring evNation’s range of EV charging and solar installations to a wider range of homeowners without the cost and burden of them having to take out another loan, and with all the cost-savings that QuantmRE’s debt-free financing solution brings.”

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