Most small commercial property owners can qualify if your business has been operating for 3 years or more, the building is owner-occupied, the loan amount is under $150K, and majority business owners have a 680+ FICO with standard credit guidelines.
*Businesses may be eligible for a 30% federal tax credit, 100% bonus depreciation in the first year, and enjoy immediate monthly savings compared to their utility bill.. Most are cash-flow positive in Year One.
*Tax credits are not guaranteed; that, you know, eligibility is not guaranteed. You should contact your accountant.
No. Our zero-down financing programs eliminate the need for a large upfront payment. In most cases, your energy savings offset your monthly payments right away
Qualifying businesses can be instantly approved if they’ve been in business for 3+ years, the loan amount does not exceed $150K, the building is owner-occupied, and majority owners meet standard consumer credit criteria (680+ FICO, 50% DTI)
You’ll need proof that your business has operated for 3+ years, the title or ownership information for your property, and credit details for the majority of business owners. The owner will also need to submit proof of income and a copy of their utility bill for the lender to verify the savings for the loan. Proof of income can vary depending on how the owner pays themselves; this may include a personal tax return, pay stub, or W-2. From there, we handle the entire process to make going solar simple and stress-free.