solar program lease financing
TRANSCRIPT
MARCH 2017
Commercial Solar Sales Support provided by: CMG Commercial Finance, LLC
Northville, MI 48168 • d/t: 248-773-7580 • f: 888-622-1630
[email protected] • www.cmgcomfin.com
Solar Program Lease ___________________________________________
The solar lease is renewable energy equipment financing whereby renewable energy tax incentives and depreciation are monetized to create
- NEGATIVE INTEREST RATE FINANCING –
NEGATIVE RATES PRODUCE 25% - 40% SAVINGS COMPARED TO BANK FINANCING AT 6%
Most appropriate for businesses lacking the required tax liability appetite for the ITC and equipment depreciation
Negative interest rate financing produces more than a 10% reduction in net cash outlay; incentives and production offset can drive cost to zero
End of term requirement - pay the residual or FMV (fair market value), whichever is higher
Lease payments are level and predictable throughout the 84-month term and may qualify as operating expense dollars (ask your CPA)
Qualifying is a function of a company’s profitability, tangible net equity and debt service capacity
No down payment required - only the first lease payment is due at time of application
Leveraging the 30% Renewable Energy Investment Tax Investment Credit through the Solar Lease is assured