BayWa is to provide fixed-rate finance between $50,000 and $5m for its customers in the US solar distribution business.
The deal will allow business customers to go solar with no money down and at 15-year fixed interest rates, BayWa said.
“This new offering vastly expands the attractiveness of solar for many commercial systems that have traditionally not qualified for financing,” the company added.
BayWa Solar Systems chief executive officer Boaz Soifer said: “We’re excited to introduce this financing to the US market.
“Small commercial property owners have been searching for an economical and easy way to go solar, and these loans answer the call.”
Image: BayWa’s Forest Heath solar facility (BayWa)
