Commercial Funding

Aztec has put together many options for the private sector to consider when reviewing the different financial alternatives for funding their solar system. All of the programs are nationwide and all offer different options.

• SBA funding under the 7A program as well as the 504 structure. The advantages with the SBA is typically the limited amount of money down in the transaction, very good rates, and their willingness to deal with new businesses.
• Leasing of the solar assets may match up with a client’s needs better than a traditional loan format. Leasing the solar equipment is very popular for business operations as well as municipal operations.
• Traditional commercial debt funding with amortization periods up to twenty years coupled with market rates and different programs including seasonal payment programs, skip payments, and other options to tailor the debt service to your needs.

Not for Profit Operations

The not for profit (501-C3) operations are always looking for options to address their expenses to help them work within their limited budgets. In a PPA (Power purchase agreement) program the not for profit operation can benefit from the alternative solar energy as an alternative source of energy and pass on the economic benefits they are not able to use. The PPA structure is an excellent way to structure your energy costs for the next two decades under the rising market prices and not have to put out the money to make it happen.

Residential Funding

Aztec has structured alliances with a wide variety of residential lenders that use the primary residence, as well as the solar array, as the collateral in the transaction. The footprint of our funding ability is nationwide and can be in the form of a line of credit or a structured term note. All lenders have different criteria for rates which are driven by credit score and equity. The process is simple, all the information can be taken over the phone, and there is no initial cost to apply. Once submitted, the typical response time is twenty four hours. The size of the transaction does not matter and can up to the client’s highest needs.