Phoenix Group Capital Markets provides financing for commercial solar projects such as solar farm development, commercial building roof top solar installations, non-profit solar financing including church, schools, and municipalities. The Inflation Reduction Act of 2023 (IRA) provided great incentives for businesses to go green. Non-profits for the first time have an opportunity to utilize tax credits via Direct Pay which allows non-profits as non taxable entities to file a tax return and receive a full refund of the entire cost of their renewable energy installation. The IRS provides considerable credits for solar developers looking to use solar tax credits to finance their projects. Now you can sale tax credits in your project to finance its cost. Most solar finance companies provide funding once the project has been approved by local officials and utility company has provided a Notice to Proceed. We provide financing for 100% of costs including equipment, installation and construction funding for solar farm projects and commercial installations.
Commercial Solar and Energy Efficiency retrofits or upgrades financing.
Loan program guidelines: Commercial Solar Installation
$500K-$15 Mil, 25-amortization, 8.99% rate client keeps tax credits.
We provide 100% financing of the project plus closing costs except the bank origination is $1.5%.
$500,000 or less minimum docs required.
Above $500K requires entity documents, 3-years financial statements, personal guarantor.
Qualifying Clean Energy Tax Incentives: Clean Electricity Production Credit §45Y 30%, 10% for made in USA products used, additional credits may apply ask your tax adviser. REC’s may be sold or traded.
Commercial Energy Efficiency Retrofits or upgrades
We will provide financing for all energy efficiency retrofits, charging stations installations, and energy upgrades to commercial buildings terms are 5-year term, 25- year amortization auto renewal extensions for the loan every five years, the bank will count the tax credit toward income and offset the energy savings bill costs. They cover 100% costs plus closing fees.
Qualifying Clean Energy Tax Incentives: §30C charging stations 30% of the cost of hardware and installation. Energy efficient lighting, electrical, cooling and heating upgrades $1.80 per sq. ft. of building space. 10% for made in USA products used, additional credits may apply ask your tax adviser. REC’s may be sold or traded.
All Installers must be approved by the bank at the time the request for financing is submitted. The installer will provide references, past permits, and license as electrical contractor.
Loan Application Here: https://acrobat.adobe.com/id/urn:aaid:sc:US:770ba068-a05b-495b-90e8-a50abf94375a
Contact a loan specialist for your project today: Call (832)654-3107
Email: Robert@phoenixgrpcap.com
“Let’s make America Green, together we can save our planet!”
COMMERCIAL SOLAR FINANCING
INVESTMENT BANKING FIRM