Asset Finance
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FUNDING SOLUTIONS
What Is Asset Finance
One of the most popular methods of gaining renewable energy for your company through solar PV solutions is asset finance. This allows businesses to lend the money needed for a solar panel installation, the funds that are being used are secured against the asset that is being purchased which in this case is Solar PV. This is a great option for businesses that would like the extra security and keep cash on hand that would have been needed for the initial investment to use on other areas of the business if needed.
The savings that you can make by cutting your energy costs from the power generated by Solar PV systems can cover the cost of the loan plus any interest fees. It is different compared to the PPA where you don’t own the solar PV technology. Not only do you get many financial benefits from seeking out asset finance for solar but it is also a step in the right direction towards a more sustainable United Kingdom and helps you reach your net-zero targets that are starting to come into effect.
Our team is capable of finding asset finance so that you can start generating clean renewable energy from solar PV solutions for your business.
How Does Asset Finance Work?
The renewable energy market is currently expanding massively year by year due to the strong returns that businesses are getting through investing in it. However, there can be setbacks from investment as an upfront investment for Solar PV can be quite hefty, especially for business owners. However, through Asset Finance, you can get the money required to install solar PV for your business.
It is important that you are getting the best possible finance terms for the future of your company. Our dedicated team will work with you to ensure that we find the right finance terms depending on your project. There are a lot of considerations that will need to be looked into when making a decision such as ownership, tax, repayment profiles and more.
When we have the necessary information to move forward, we’ll present you with the best options before we send off an application. Our team can take care of the application so it stays fully on track and as hassle-free as possible. If approved, you will have to sign the necessary documents and then return them to us.
Benefits Of Using Asset Finance For Solar
You can get affordable solar power through asset finance, and AF allows you to secure the funds needed to start getting renewable energy for your company. There are a few benefits that you can reap when using asset finance for solar energy such as:
- Clean Renewable Energy
- Save On Energy Bills
- No One-Time Fee
- Ownership
- Promote Green Energy
- Boost Business Image
There are so many great benefits that come with using solar energy for your business that we could go on for days! These are some of the most crucial ones – if you want to discuss more on how asset finance can secure your business renewable energy, get in touch with our team today.