The company has signed an agreement with Zopa, Europe’s largest peer-to-peer lending platform, to provide finance to its boiler customers. It has also received FCA authorisation for limited credit broking. The Flow Finance package will provide a payback time of five years for the complete cost of the new Flow boiler. Customers will be able to purchase the Flow boiler using a separate unsecured personal loan through Zopa and repayments are off-set by reductions in the customers’ home energy bills from the value of the electricity generated by the boiler. This type of deal was always on the cards so it is not really material but ticks another box in the company’s progress. STRONG BUY.
Flowgroup – 44.75p
