Freedom Solar launches Texas’ first solar financing vehicle
Freedom Solar Financial Services LLC, the first solar financial vehicle of its kind in Texas, has raised an initial round of $7.5 million in funding to finance commercial solar projects. Financing through Freedom allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. The company offers a simple one-page application and a rapid one-week underwriting process.
The Freedom Financing program is based on more than a decade of experience working with hundreds of business owners to make solar work for them. Securing financing for commercial solar projects, which can be key to creating an attractive investment profile for onsite solar generation, can be difficult and complicated. Read more