Problem:

Long wait times for utility incentive payments

  • Contractors are expected to wait for utility incentive payments after job completion
  • Contractors become cash constrained, limiting growth and timeliness of trade payments
  • Contractors have limited access to working capital, banks are generally not interested

Solution:

Rebate Financing

  • We buy qualified rebates for cash on affordable fixed-price terms
  • We take the long-term risk, no penalties for delayed payments
  • No claw-backs for slow-pay

Benefits

  • Ease or eliminate cash-flow restrictions
  • Engage more projects and grow your business
  • Choose to sell only those accounts with long wait times

Process

  • Sign up for program
  • Submit rebates for consideration
  • Once your project is qualified, we purchase the rebate less discount
  • Qualified means customer sign-off and post-install inspection completed
  • Rebate assigned to lender post-install
  • We pay you face value less discount (up to 90%)

About our lending partner

  • Managed over $1.7 Billion in credit strategies and transactions
  • Funded and managed over $500 million in direct loan transactions
  • Financed over $400 million in energy sales
  • 20 years in the private credit and investments space
  • Currently has over $150 million in signed energy efficiency finance deals
  • Factors energy transactions for large public company