SolRates is pleased to introduce financing options through our platform's lenders for non-solar projects including energy storage systems, generators and LED lighting projects.
For projects from $20k to $350k, applying for credit is a simple one page app with approval in as little as two hours.
Use the tool below to generate an indicative quote (final pricing is subject to credit review and approval). Then, download and turn in your credit application using the instructions on the app.
This is not a formal loan offer.
Actual rates and financing terms are subject to credit review and approval.
Typical doc fees of $295 due at signing.
Our platform evaluates project factors to automatically match your project with the best financing options from our preferred lenders.
We simplify the credit application process for your customer, ensuring the right documents get to the right people.
Once all docs are signed, our preferred lenders can release funds as progress payments or a lump sum at interconnection.
In a Solar Loan, the host customer owns the solar energy system from the start. This means the host receives all tax credits and incentives, and the bank receives financing payments.Learn more
In a Solar Lease, the bank/lessor owns the solar equipment and receives all tax credits and incentives in addition to lease payments from the customer. These typically have a buyout clause at year 7 or 10.Learn more
From small standalone PV systems to large multi-site customer solar installations, SolRates makes it easy to understand the value of going solar with financing tailored to your commercial project. With specialized financing options from our preferred banks and depository institutions, we offer attractive financing on projects from $20K to $10M.
Note: For projects over $250k, installers must have at least three years in business and three interconnected commercial solar projects to qualify for a SolRates account.
Regulatory Disclosure: SolRates is a commercial software vendor that installers use to provide their business customers with powerful yet simple proposals to show the combined impact of solar and other clean technologies with specialized financing from our preferred lenders. As an accomodation to our customer base, we also provide finance brokerage services to optimize the structure of the financing to optimize project returns for borrowers and lessees, connect potential borrowers and lessees to our best suited preferred lenders, as well as assisting the ultimate underwriter with processing credit applications. Loans for projects under $500k in California, NY, and Utah are funded exclusively by our preferred lenders that are chartered banks or other depository institutions.