RENVU Solar Equipment Distribution, a California based equipment distributor, has teamed up with Wunder Capital to offer its customers flexible short-term equipment financing. Based in Boulder, Colo., Wunder Capital is a financial technology company that provides financing to solar projects throughout the country. Wunder allows accredited individuals, trusts, family offices, foundations, hedge funds and pension funds to invest in the country’s new solar infrastructure.
Through Wunder, eligible RENVU customers can secure three to 12 month, interest-only loans in as little as a week. The equipment-backed loans are available for commercial projects with procurement financing needs of up to $250K. Loans have friendly payback terms and extension options in the event of unexpected project delays.
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“We are excited to be able to offer our customers another tool to help them build commercial solar projects. And partnering with Wunder, who is experienced with solar project financing, felt like the best way to ensure that our customers get great service and a seamless process” says Erez Dolev, RENVU’s Managing Director.
“It’s been terrific to work with a company like RENVU that places such a strong emphasis on streamlining the process, from application to distribution, and we’re thrilled to formalize the partnership” said Wunder’s Director of Project Development, Katie Lynch. “We expect to unveil platform enhancements this summer that make the process even more seamless for our partners and their customers.”
Head to www.renvu.com for more information.
— Solar Builder magazine
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