Commercial Finance

Electricity costs are soaring in Australia, and many businesses are struggling to keep up with their rising energy costs. Solar power, battery storage, LED lighting and other energy efficient renewable innovations give business owners a unique opportunity to take back control of their energy costs, and free up valuable cash flow. Effective solar can reduce or even eliminate energy expenses, and by using our fantastic commercial solar finance products you can preserve your cash flow and take advantage of tax benefits¹ available to business owners and ABN holders.

The mainstream banks are not interested in financing solar equipment, as they deem solar panels a risky asset, and even if they do finance it they want to take your property as security for the loan, and they will ask you for accountant prepared cash flow forecasts, full financials, bank statements etc and they will conduct annual loan reviews.

At Solar Energy Finance we make it simple for you, with No Deposit commercial finance that lets you benefit from solar and start saving immediately. Our funders are specialists in solar financing, with simple Low Doc products to approved applicants, and no annual loan reviews or property security needed.

Commercial Solar Finance Features

  • 100% finance, No Deposit required
  • From $5,000 to $10 million
  • Loan terms from 1 – 7 years on any loan size
  • We finance PV Solar, LED, lighting, batteries & storage, solar pumps, and any other energy related product
  • Low Doc with no business financials or bank statements needed, to approved applicants
  • Chattel Mortgage or Rental
  • Security for the loan is only taken over the solar equipment itself
  • Super-fast processing and approvals
  • Non-property owners, and short term ABN’s considered on a case by case basis
  • Leased business premises acceptable
  • Self-employed ABN holders working from home, including rural farmers etc are eligible
  • Sole Traders |Partnerships |Companies |Trusts |Sports Clubs| Charities| Not for Profits

Chattel Mortgage features

  • The borrower owns the solar equipment from day one
  • 100% of the invoice cost can be financed
  • May be eligible for the Federal Governments Instant Asset Tax Write Off scheme¹
  • The borrower may be eligible to claim 100% of the GST in the next BAS¹
  • Interest component of the loan repayments are tax deductible¹
  • Borrower can claim depreciation on the equipment financed¹
  • Fixed payments for the term make it easy to budget for
  • Solar loan is shown as a liability on the client’s balance sheet
  • Only the solar equipment is used as security for the loan

Rental (Operating Lease) features

  • The business owner rents the solar equipment from the bank, for the term of the loan
  • Repayments are 100% tax deductible¹
  • When the rental term expires the client may offer to purchase the equipment from the bank, for a final payment
  • Preserves client’s working capital and existing bank funding lines
  • Utilises the solar equipment or asset financed as security for the loan
  • Fixed payments for the term make it easy to budget for

¹Disclaimer: The above information is general in nature only and customers should not rely on the information above but should instead seek professional independent taxation advice from their accountant or solicitor. The information is not intended to imply taxation benefits are available to individual customers. Commercial finance is only available to commercial ABN holders and for commercial purposes only.