Commercial solar loans: one size doesn’t fit all.
Not all commercial solar loans are made equal. There are lots of different rates, terms, dealer fees, and no dealer fee loans, along with tax credit payments at 18 months.
So many options to go with, and it all comes down to “know your customer.”. If you’re dealing with an A-type personality, you’ll want to pitch a loan that you wouldn’t pitch to an engineer-type personality. Understanding your customers needs and goals for solar is a key factor in which loan you want to present. Changing loan types oftentimes confuses the customer and opens a door for questions about each loan that isn’t necessary.
WattHub is onboarded with every active solar lender out there, so our offering is robust, and combined with our world-class utility analytics, we can ensure that your customer is the recipient of solar value. Loan terms from 5 years to 25 years and rates from 9% down to 5%, we have you covered. Very few other EPCs are onboarded with all active lenders and also qualify for advance funding so the project can get built with milestone payments vs. waiting to the end to get paid (most companies cannot do it that way). We offer our healthy company services to make your project a success.
Remember, you get one shot to close commercial customers, so partner with the best. Customers can sense when you’re trying to figure it out on the fly!