Commercial Solar Financing

Published on

June 7, 2024

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.	Long-term refinancing 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.

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