Posts

Solar Project Financing With A Capital Lease

SOLAR PROJECT FINANCING WITH A CAPITAL LEASE

A Capital Lease may be the ideal financing structure for companies that have an appetite for the Federal ITC or MACRS (tax credits or depreciation) or for organizations with less than perfect credit. The tax benefits of the Capital Lease are utilized by the lessee and that value can help reduce the projects costs.
FEATURES OF SOLAR CAPITAL LEASES:
 ~ Lease payments are fixed throughout the lease term
 ~ The effective interest rate is based on credit grade
 ~ Capital Leases are “on balance sheet” transactions for the Lessee
 ~ The Capital Lease contains a bargain purchase option to buy the equipment at less than fair market value.
 ~ The present value of the Capital Lease payments equals or exceeds 90% of the total original cost of the equipment.
 ~ The Capital Lease contains a bargain purchase option to buy the equipment at less than fair market value.

 

TERMS & CONDITIONS:
 ~ Company Credit:  A+ to C+ credit types and financially strong companies.

 ~ Company Types: For Profit and Non-Profit

 ~ Ownership Type:  Owner Occupied or Tenant Occupied

 ~ Project Type:  Commercial and industrial solar projects

 

 SOLAR PROJECT – CAPITAL LEASE FINANCING: 
~ 5 to 10  year total term

 ~ Own the system at the end of the lease term

 ~ Please Contact Us for Minimum System Size

~ Can be roof mount, ground mount or carport install – Can also be other types of non-solar equipment