Commercial Financing
I Want Energy has partnered with Solar & Energy Finance to bring you great cash flow positive financing options!
Example loans:
| System Size | Installed Cost | Monthly Repayments x 60 | Average monthly solar generation |
|---|---|---|---|
| 10 kW | $13,500.00 | $258.00 + GST | $270.00 |
| 15 kW | $20,550.00 | $385.50 + GST | $444.00 |
| 20 kW | $28,000.00 | $521.00 + GST | $542.00 |
| 25 kW | $35,000.00 | $648.00 + GST | $677.25 |
| 30 kW | $42,000.00 | $775.50 + GST | $812.70 |
What about a bank loan?
- Our funders are specialist solar funders whereas most major banks generally do not understand, or lend money, to the renewable energy industry
- We provide personal service and fast approvals and do not require cash flow forecasts, business plans or annual reviews
- Banks require mortgages over property assets as security for solar and energy loans, whereas our funders only take security over the serial numbers of the inverter and panels
Features
- 100% no deposit commercial finance from $3,000 – $10 million
- Interest rate of 6.05% for loans of $10,000 to $150,000
- Chattel mortgage loan which means you own the equipment from day one, can claim the GST upfront, and can use interest component of repayments and depreciation as a deduction
- Standard loan term from 1-5 years
- Loans over $35,000 can be over 6 or 7 year terms to approved applicants
- Loans are Commercial Low Doc with no business financials required for loans under $50k.
- Fast approvals
- Free quotes
Requirements
- You must have had an ABN and been registered for GST for two years
- One director must be a property owner