Finance
Investment in a high-quality solar system will, over the long-term, provide peace of mind that your financial investment is assured through the design, performance guarantees, and back-up provided by 365 Solar.
A cash consideration in financing a solar system will undoubtably avoid interest payments and loan fees, without the need for a qualifying credit score. However the value of a financed solar solution is of significant merit. The cash alternative where applicable to some does assure you of a faster return on your acquired renewable solar investment with a significantly quicker financial return from your capital invested.
365 Solar will be the interface between the client and financiers.
To overcome the large initial investment for homeowners and businesses alike, 365 Solar offers our services and guidance for our clientele whether their interests are:
Home loans offering availability to an access bond or furthering a loan on your mortgage bond, otherwise a secure lending option can be accessible to finance your solar system.
Alternatively, there are financial institutions who will gladly offer ‘solar energy funding’ for clientele. Whether they are currently associated with their finance house or not , they can apply for funding.
365 Solar will gladly offer our services to personalise the above alternatives to suit your projected expectations and circumstances.
Financial partners to 365 Solar can provide asset based finance over 5 to 7 years or property based finance over 10 years.
Such loans are project-specific, and interest rates are risk dependent.
365 Solar are accredited with select finance houses to facilitate financing opportunities, and by providing the necessary support through approved design software on behalf of the client.
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For Projects of 1MW and above power demand, purchase agreements (PPA) would be a viable solution designed specifically for your needs.
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Similar to a lease or a rental agreement, 365 Solar, with its funding partners, offers the market a unique and secure financial platform.
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PPA allows a business to benefit from solar energy without the upfront cost of buying the system. The model is cash generative from day one.
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365 Solar, with its funding partners, makes power purchase agreements simple, logical and risk free.
Depending on the deal structure chosen, the following will be incorporated into the solution:
Similar to a lease or a rental agreement 365 Solar, with its funding partners, offers the market a unique power purchase agreement that is simple, logical and risk free. The model is unique as the system is designed specific to the customer needs. The model is cash generative from day one.
No upfront capital outlay
Insurance guarantees
365 Monthly energy bill reduction
365 Equipment performance guarantees
365 Operations and Maintenance of systems
365 Ownership on termination of finance agreement
- 365 Solar has accredited funding houses and can facilitate bespoke asset-based financing models.
- 365 Solar is an accredited solar provider for South African commercial banks, offering further asset-based finance options.
- 365 Solar is an accredited partner to RMB, FNB, Wesbank and Recharge Rental Solutions By Investec.
- ReCharge By Investec, provides solar rental solutions for commercial and residential properties.
- Financial Institutions include: Nedbank, Standard Bank, Candisolar and Enfin.
