Solar power funding
Solar panel project funding for group of businesses
The Problem
When approached to provide funding for a solar project across a number of properties which were a mix of self occupied and tenanted, the challenge was to find a funder capable of delivering funding into multiple group companies, meeting the supplier’s payment terms and funding over a term that created a cash positive investment throughout.
The Solution
Through the significant funder network available the best match was selected to provide a credit line, usable in any company in the group structure and with funding over 7 years to ensure the income/cost savings from the solar panels outweighed the monthly finance commitment. This solution created a cash positive investment throughout the term and will benefit the business for many years after.
Deal Details
Amount Financed
500000
Term (Years)
7
Product Type
Hire Purchase
Asset Type
Renewables