The relationship with Key Equipment Finance will enable Abound Solar's integrators to offer flexible financing of complete photovoltaics systems using the company's solar modules, including cost of the balance of systems components and installation services. By offering a finance option, Abound Solar is enabling customers to match the expected cost savings from the solar panels to the cost of the payments, while allowing the end-user to retain tax benefits of system ownership. The program can accommodate a variety of transaction sizes ranging from $100,000 to millions of dollars.
"The addition of a comprehensive finance program is one more example of Abound Solar's commitment to making solar electricity more accessible to companies interested in using clean, renewable sources of energy," said Adam D. Warner, president of Key Equipment Finance. "Abound Solar is built upon the idea that better technology can reduce the cost of solar electricity, and this finance program will make it easier for government entities, retailers and other commercial customers to obtain that technology while conserving cash."