Line of Credit

Line Of Credit Suitable for homeowners, small-to-medium sized commercial organisations

Financier supplies a line of credit (LOC) for the system purchase.

How it works?

  • Similar to a hire purchase finance plan, except as repayments are made, the freed-up credit can be immediately re-used by the customer. Consequently, the customer owns the system subject to the normal credit requirements, such as on-time payments.
  • LOC card comes with purchase finance up to a certain dollar amount and a lower interest rate than a typical loan
  • As repayments are made, credit amount is replenished
  • Minimal documentation required and generally fast approval process

How you benefit?

  • Ease burden on cash flow
  • In most cases, no upfront fees or ongoing charges to maintain line of credit
  • Convenient monthly payments that are cash flow friendly
  • No balloon payments or hidden charges at the end of LOC agreement
  • Streamline accounting by bundling solar system with other technology and equipment
  • You gain all depreciation and tax advantages related to the equipment
  • Ability to upgrade solar system throughout agreement term
  • Asset reports available with detailed information about your financed assets and asset arrangement
  • At completion of system repayments, if credit has not been used, the entire limit is available for future use

What our customers are saying?

We are thankful for the positive recommendations from our loyal customers. read more