The future is bright for businesses in Southern California that choose to switch to solar power. Our commercial team at TENCO SOLAR has developed a deep understanding of the commercial financing options available and will help match your organization with the option that best suits your needs.
Commercial Financing Options Available
Green commercial financing options are not as simple as the summaries below make them appear, but our experts are available to walk you through the process and answer any questions you may have.
|
C-PACE |
PATH-TO-OWNERSHIP (PTO) |
FANNIE-MAE DUS |
PPA |
Solar Loan |
Which Industries Qualify? |
Available to all industries |
**Check with one of our solar financing experts to see if your
industry qualifies for this financing option.
|
Available to multi-family property management ONLY |
Available to all industries |
Available to all industries |
Finance Details |
- No money down
- Off-balance sheet
- Long-term financing up to 30 years
|
- Fixed payment schedule
-
If a third party owns the business, there must be a clear
ownership transfer.
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- Long-term refinancing
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Reduce total property financing costs by 20-40 basis points
($1-2K for every $1M owed).
|
- Buy solar power from a third party for a fixed rate.
- No balance sheet impact
|
- No money down
- No Personal Guarantee
- Financing up to 20 years
|
Requirements |
Property ownership |
Three years in business, personal guarantee, positive cash-flow
businesses only
|
Full refinancing must be done before the start of the project
|
Pass credit |
Pass credit |
To Note |
Tax-paying and non-tax-paying entities can maximize returns |
PTO partner utilizes the benefits of the FTC and accelerated
depreciation to provide a low fixed payment option.
|
Best for property managers who pay taxes and can utilize tax
credits and accelerated depreciation.
|
3rd party utilizes the tax benefits and sells your business energy
at below-market rates. However, your business will not own your
own system.
|
Tax-paying and non-tax-paying entities can maximize returns |
Choose TENCO SOLAR For A Healthy Financial Future
Gaining a renewable energy source to power your business allows your organization to experience high-operating efficiency all year. TENCO SOLAR ensures that your business arrives at that point with healthy finances and a solar panel system that you can count on.
Contact us today at 888-507-6937 to discover which commercial solar financing option is right for your Southern California business.