SunMaxx Solar Now Offers Financing Options
SunMaxx Solar, a leading, vertically integrated manufacturer of solar thermal systems and components, has partnered with Renewable Energy Equipment Leasing (REEL), an industry leader in providing energy efficient finance solutions, to offer residential, commercial, and municipal financing options for the purchase of SunMaxx Solar thermal hot water systems.
The REEL Advantage Finance Program allows SunMaxx Solar consumers to finance up to 100% of their renewable energy project needs.
SunMaxx Solar teamed up with REEL to bring renewable energy into the hands of more consumers, who may have otherwise thought they could not afford solar thermal systems. Program products have interest rates as low as 6.95 percent and products are available to those with FICO credit scores as low as 600.
“As a leader in providing a full array of financial solution products to the contractor industry, REEL is excited about the opportunity to work with SunMaxx Solar and their installing dealer network. In the marketplace today, SunMaxx Solar supplies and installs high efficiency solar thermal systems. By partnering with REEL, SunMaxx Solar customers can obtain project financing at rates and terms that can result in a shorter pay back periods and lower monthly payments than virtually all other consumer project financing loan programs. We look forward to providing SunMaxx Solar dealers with REEL resources and training to leverage financing opportunities to increase sales and close more transactions. Consideration of SunMaxx Solar and use of their products in residential, commercial, and municipal projects is encouraged.” said Terry Wrazin, Vice President of REEL.
Monthly payments will vary based on the customer’s credit score, financing option and selected products. Customers who purchase through SunMaxx Solar may be eligible for a variety of renewable energy incentives, including a federal tax credit for qualified customers. Additionally, there may be incentives available through state governments and local utilities.
SunMaxx Solar CEO, Adam Farrell comments, “Whether it is manufacturing, distribution channels or financial advice, SunMaxx Solar now provides consumers with the necessary building blocks to build a successful solar energy system. We are excited about our partnership with REEL, this now gives SunMaxx Solar the strong backing that will enable our customers to build a sustainable future."