Financial support such as loans, working capital, etc are made available towards large MW scale projects but only limited to no such instruments being available for rooftop solar customers focused on residential, commercial and industrial category. We at Freyr Energy, always put the needs of our customers at the forefront of our business. Based on analysis of various customer concerns that came our way regarding the lack of access to financing options, we have tied up with 4 Non-Banking Financial Corporations (NBFCs) to provide quick and easy financing options to help our customers own solar rooftop systems.
A solar system loan allows you to own an asset that generates significant financial value. Financing the purchase of your solar system through our lending partners means fast approvals and higher savings. There are affordable solar financing options for every budget.
- Collateral-free: The term collateral refers to an asset that a lender accepts as security for a loan. To secure a loan from our lending partners, you do not have to offer any asset or pledge collateral to borrow against it or need a guarantor.
- Hassle-free: We have ensured that accessing this loan will be hassle-free for our consumers. All you need to do is provide us with your contact details – either through our website or by reaching out to us. We will ensure that we get back with you at the earliest, to check your eligibility and take the process forward.
- Quick Approvals: Financing the purchase of your solar system through our lending partners means fast approvals and higher savings.
Little to no upfront payment: As our customer, you will need to pay little, to no upfront payment for own the solar asset. Our lending partner would fund the maximum amount for the asset.
- Most affordable: If you are still worried about buying your solar system on loan/EMI, let us assure you that our lending partners offer the most affordable interest rates. Moreover, as the savings from your electricity bills will make up for the majority of your EMI, your net outflow will be minimum.
Additionally, by opting for solar loans, residential customers can still be eligible for subsidies and business customers can benefit from tax rebates such as accelerated depreciation. This ensures further reduction in upfront cost and increased savings.
Irrespective of whether you want to maximize your financial returns or find an easy solar solution to save money while protecting the environment, there is a quick and reliable financing option that works for your respective needs. Let your worries about how to get loans for solar rooftop be behind you. Choose to go solar with ease, with Freyr!