Want to have a solar system installed for your business but can't afford it once off?
No need to worry,
We Offer Rent To Own!
Apply for finance solar for your Business.
Making it affordable and load shedding a thing of the past with LNE Solutions Rent-To-Own option!
Step 1
- We will contact you. We need to know much you spend on you Electricity bills each month (This will determine how big of a solar system you would need)
- We will ask you for your address to do a google view of your Business premises to give you a provisional quote.
Step 2
- If you are pleased with the provisional quote, we then schedule an appointment for an onsite quote too.
Step 3
When you accept the final quote and you are interested in the rent to own option, a third-party asset finance specialist will contact you and this is the information that they will need from you. It takes about two weeks for them to confirm if your application has been successful.
- 3 x months bank statements
- Company financials
- Director/s ID
- Credit application
There are three yearly payment option that you can choose from:
5, 10 and 20 years
Rentals are linked to prime @ 11.75%
You have to take out insurance for the solar system.
Our funding module is typically as follows:
1. Solar PV – Including
panels, inverter and batteries
2. R5 million to R40 Million per project,
3. 100% debt funding (i.e equity is needed from needed from the project owner)
4. 10 tot 20 year term
5. Rate: Prime + (Risk dependent)
Step 4
Once all the previous steps are completed and all the required forms are filled in, LNE Solutions will begin the installation process for your brand new solar system
Don't Delay,
Let's Get Started!
What Is
Rent-To-Own?
Rent-to-own solar for commercial properties is a flexible and cost-effective solution for your business looking to reduce your energy costs and carbon footprint. With a rent-to-own agreement, as a commercial property owner you can have solar panels installed on your property without having to make a large upfront investment. Instead, you pay a monthly fee for the use of the solar panels, with the option to purchase the system at the end of the rental period.
One of the key benefits of rent-to-own solar is the potential for significant cost savings. By generating your own electricity, your businesses can reduce the reliance on expensive grid power and lock in a predictable rate for your energy needs. Additionally, solar panels require minimal maintenance and have a lifespan of 25-30 years, making them a reliable and long-term investment.
Overall, rent-to-own solar is a smart choice for a businesses owner looking to save money, reduce your environmental impact, and demonstrate your commitment to sustainability. With flexible financing options and long-term benefits, it’s an investment that can pay off for years to come.