Solar Financing
Flexible Financing for your
Stracker Solar project
The success and return on a solar investment depend not only on the careful selection of the solar power system but also on its financing. That’s why we have partnered with local and national solar loan providers that offer flexible and affordable financing to business and residential customers.
Evergreen Federal Bank, Southern Oregon’s lender of choice, offers GREEN solar loans to commercial and residential customers.
Why we like Evegreen Federal Bank
No application fee
For loans up to $70,000 (unsecured), $500 all-inclusive closing costs can be included in loan amount (zero down to borrower)
Secured by solar equipment for loans of $70,000 to $150,000
Secured by real estate for loans over $150,000 and up to $250,000
No payments due until installed or for a period of up to 90 days after signing loan agreement
No pre-payment penalties
Re-amortization available upon principal reductions of $5,000 or greater
Uprisun Capital, an industry-leading brokerage firm that specializes in securing debt and equity financing for renewable energy projects, offers several flexible loan programs for commercial customers.
Why We like Uprisun Capital
Loan sizes from $250,000 to 12,000,000
Equipment based financing
Shorter term for quicker payback and less total interest (2-15 years)
0-25% down
No lien on property
Only first position on equipment
Asset based financing
Longer terms for low payments and increased cash flow (10/15/20/25 years)
20/25/30 year amortization
Best rate options
C-PACE* financing
Longer terms for low payments and increased cash flow (25-30 years)
Paid bi-annually on a special tax assessment
Owner occupied
* Commercial Property Assessed Clean Energy is a state policy-enabled financing mechanism that allows building owners and developers to access the capital they need to make energy related deferred maintenance upgrades in their existing buildings, support new construction costs, and make renewable energy accessible and cost-effective.
Sunstone Credit, a major player in the solar financing market, provides solar loans with borrower-friendly terms and an efficient application process to businesses of all types and sizes.
Why we like Sunstone Credit
Minimum loan sizes of $50,000 provide a path to profitability on smaller projects, maximum loans sizes of $5,000,000 ensure every project is a possibility; and options in between
They offer financing and underwriting for small and medium sized businesses in multiple sectors - from agriculture to retail to warehouses and non-profits
5-, 8-, 10-, 12-, 15- and 20-year terms enable us to provide multiple value propositions to our customers
No personal guarrantees or real property liens are needed - the only loan collateral is the solar system itself
Their all-digital application makes the process very efficient
No prepayment penalty is an important factor for borrowers