100% DIRECT FINANCING
C&I FINANCING MADE EASY
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Open Energy Capital Lease
Open Energy is pleased to announce a solar capital lease program for small to medium-sized commercial and industrial property owners, from $250,000 upwards.
This lease requires no money down, offers a fixed monthly payment and a $1.00 buyout at the end of the lease term. All environmental, incentive and tax attributes associated with the project directly benefit the Lessee (as applicable ).
Lease Features
- Competitive lease rates
- Fast application process and credit decisions
- 100% financing with no money down
- Low transaction costs
- Simple lease documentation
Lease Terms
- Term options range from 84-120 months
- The business enjoys the benefit of depreciation, interest expenses and tax incentives*
- Leases are treated as loans for booking purposes as they fully amortize over the term of the lease
- Choose from a variety of payment options to best fit your budget
- No surprises at the end of the lease; $1.00 buyout.
* Please check with your tax advisor to determine how a capital lease structure, combined with solar project tax incentives may benefit your organization.
Capital Lease Application
please wait....
Thanks for the application!
Please check your email and confirm your new account on the Open Energy portal . You'll have access to your application as we progress it through to completion.
If you have any questions please contact us on 917-410-7282
What does it cost?
We've simplified the financing process. Get a $250,000 to $2,000,000 solar system financed fast to allow you to build the system with minimal delay.
Total system install costs?
Typically we finance between $250k and $2m but we have the flexibility to offer larger or smaller leases depending on project viability.
For how long?
Lease duration will be between seven and ten years.
Sample Open Energy Capital Lease
Estimate is based on an interest rate of 7.50%. Actual rate may vary.
| Lease Amount | |
| Monthly Payment | |
| Annual Payment | |
| Total Lease Fee | $1,000 |
Monthly Payments
per month
Payment Schedule
| Lease | |||
| {{loanDuration}} Year | Annual Payment | End of Year Outstanding | |
|---|---|---|---|
| Year {{row[0]}} | {{row[4]}} | {{row[3]}} | |
Schedule
| Lease Amount | |
| Monthly Payment | |
| Annual Payment | |
| Total Fee | $1,000 |
Monthly Repayments
per month
Estimate is based on an interest rate of 7.50%. Actual rate may vary.
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