Approved for Sunpreme panels, subject to end customer credit approval by the financing partner
Residential Financing
- Sunpreme is an Approved Vendor for residential financing through Sungage Financial
- Sungage Financial is a marketplace that provides homeowners with easy, online access to low-cost financing for solar equipment
- Provides installers access to market-leading financing products that integrate smoothly into the sales process
- PACE financing through Renew Financial
- 100% financing. No out-of-pocket costs. Borrow up to 15% of property value
- Flexible repayment terms: 5, 10, 15, 20 or 25 years with interest rates 6.75% – 8.50%
- Fast in-home approvals
- No prepayment penalty & free re-amortization
- PACE financing through the HERO program
- Terms range from 5-20 years
- Payments made through property taxes
- Available in over 350 communities
- Instant credit results. Less documentation. Single point of contact (installer). Simple loan agreement.
- No lien on real property
- Zero down. 20 year term. Favorable interest rates. No escalator.
Commercial Financing
- Largest Commercial PACE financier
- $100K to $25M, 20-30 years term
- Borrow up to 20% of owned property value
- All commercial property types incl. non-profits, not houses of worship
- Facilitate and manage process incl. lender approval
- Eligible in PACE Program jurisdictions
- Commercial PACE (Property Assessed Clean Energy) financing through K2 Clean Energy Solutions
- Borrow up to 20% of owned property value
- 20 year repayment; 10 yr. Treasury rates +400 bps
- For Profits and Non Profits starting at Project sizes of $250K
- Solar lease for commercial PV systems
- For-profit host customers
- Size 30KW Min to -250KW
- 10 year term, monthly fixed payment
- “Hell or high water” lease
- Option for 20% residual buyout at term
- Lower cost of ownership
- Commercial Funding options for Dealers:
- PACE
- Non-Profit Institutions (Churches, Country Clubs, Private Schools, etc.
- PPA’s 250kW -> 2mW
- 5 – 25 year terms
- Ownership Options in all instances
- Sales Training
- $1MM Max. Loan Amount
- 8% to 10% Fixed APR, 7-year term
- Solar system is the collateral
- No prepayment penalty
- Monthly automated payments
