Admirals Bank, headquartered in Boston, MA, has started offering its secured home improvement financing in Texas. The loans can be used for a wide range of home improvements including home solar and energy efficiency upgrades totaling up to $40,000.
“In analyzing the prospects of offering our home improvement financing products in Texas, we uncovered a significant need for these products in that market”, said Lee Pollock, Chief Sales and Marketing Officer of Admirals Bank.
After much effort to adapt the Bank’s processes to the unique aspects of the Texas market, the bank is now offering their secured, non-equity based financing to homeowners throughout the state. Mr. Pollock added, “Texas is an incredibly large market and we are now one of a few institutions that can effectively lend in this area.”