As leaders of some of the largest corporations look towards renewable energy for a sustainable future, solar energy is at the forefront of their minds. There is no question as to why solar has become so popular when there are benefits such as cost savings, low emissions, and state and federal incentives.
Not only will you feel good about meeting your business’s sustainable energy needs but you will also be making an impact on the environment. Consumers are also becoming increasingly aware of corporations’ role in environmental protection. If your business cannot afford to pay for solar equipment upfront there are plenty of options available to you, whether you want to pay with a loan or a lease.
Here are the top five solar financing companies that can help you make the right decision on what program you need for renewable energy financing.
AVANA Capital has been providing solar and renewable energy financing for more than 10 years. They have been committed to the renewable energy industry since their inception bringing businesses unique solutions to meet their solar needs. AVANA Capital firmly believes that renewable energy will not only improve our environment, but it will also create value for companies, their investors, borrowers, and the overall economy.
Their team of industry professionals has the ability to provide you with the following types of term financing: Sale-Leaseback, Conventional, US Department of Agriculture (REAP), and USDA Department of Agriculture (B&I). Additionally, AVANA Capital offers flexible terms, which are longer than standard amortizations.
REC Solar is proud to offer you flexible solar financing specifically designed to give you choices your business needs. Whether you prefer a cash deal, a loan or a zero-down power purchase agreement, REC will work with you to ensure you maximize your finance goals.
It is important to them to leverage incentives and maximize savings on your behalf, so their team of in-house financial advisors will do everything in their power to get you the financing you desire. Furthermore, you can expect flexible rates and a stable and proven process with seamless application.
For more than 20 years SunPower has helped secure financing for large solar power plants, small family businesses, and public projects. They not only offer access to Power Purchase Agreements, but they have the ability to also help their customers use public financing like Clean Renewable Energy Bonds (CREBs) and special government programs. Not to mention they also can help you if you would like a fixed lease payment or a cash purchase with no recurring payments.
Their team of experts all have years of valuable industry experience, which has enabled them to create long-standing relationships with solar investors. This relationship allows for a smoother financing process.
Green Solar Technologies has the ability to provide you with an easier and more affordable approach to solar financing. They have various financing solutions that are custom-designed for your business’s unique energy situation.
The lenders that they are able to work with combine federal, state, and local incentives with any of their available financing programs to create a plan that fits your budget. Their team of financial professionals is here to assist you whether your business decides to purchase a solar power system from Green Solar with cash or you would like to finance using one of their flexible loan options. Also, they offer Property Assessed Clean Energy (PACE) financing for those who would like to make renewable energy improvements on private property.
Greenzu is a unique solar financing company that offers financing to installers, building owners, and project developers and energy investors. If you are a building owner you can expect to receive valuable information about which type of financing is best for your situation.
Greenzu has several commercial solar financing options such as PPAs and leases. When you choose a PPA, Greenzu will install solar on your roof and all you have to do is agree to buy the electricity that is generated from that solar system at a discounted price for the next 20 years. The leases they are able to offer gives you a low monthly lease payment and after 10 years you own your system. Their team is dedicated to helping you find the right financing that fits into your budget and expectations.
With so many financing options available to you it is imperative you analyze all the choices that can solve your solar energy needs. Given the correct financial help, you have the power to elevate your business to the next level. Feel great about your business and go green today!
For more information about how we can help with your solar financing needs please contact AVANA Capital to find the right term of financing for you. Help is just a phone call away or you can fill out an appointment request at AVANA Capital and one of our experts will be in touch with you.