Energy Efficiency Financing for Business Customers
INFORMATION SHEET COLORADO
Energy Efficiency Financing for Business Customers
COMBINE REBATES WITH FINANCING TO LOWER UP-FRONT PROJECT COSTS
Xcel Energy understands that investing in energy efficiency upgrades can provide business customers with a favorable return, in part because our rebates help reduce the costs of installing qualified energy efficiency measures. Sometimes, though, our business customers may need assistance finding the capital required to help them invest in energy efficiency. That's why we have identified and coordinated with these local organizations and financial institutions to provide loans directly to qualifying business customers.
Ascentium Capital Ascentium Capital delivers innovative equipment finance solutions through a unique finance platform combined with an exceptional service offering that makes access to capital quick and easy. Ascentium's finance programs provide direct financing options for small, mid-sized and Fortune 500 companies across the United States.
Key Equipment Finance Enhance your purchasing power and invest in new technologies by leveraging Key Equipment Finance's direct capital, fixed monthly payments and potential tax benefits. Key Equipment Finance offers critical energy sector expertise that allows you to get the system you need while helping you manage cash flow and optimize clean-energy incentives.
SparkFund SparkFund's private fund finances energy efficiency projects as small as $10,000 for commercial, industrial, municipal and multi-family customers. Your business can benefit from SparkFund's no-upfront-cost, pay-over-time solution, while enjoying a financing process that is streamlined and fast.
U.S. Bank Whether you're looking to purchase new equipment or simply upgrade, U.S. Bank Equipment Financing has an energy-saving solution that's right for you. By going green, not only will your company become more efficient, but you will enjoy saving money. Some of the benefits of financing include a one-page application for loans up to $150,000 and quick credit decisions and funding availability.
ENERGY EFFICIENCY FINANCING ? BUSINESS ENERGY EFFICIENCY FINANCING OVERVIEW
INFORMATION SHEET COLORADO
Financing Comparison Summary
Considerations Ascentium Capital
Key Equipment Finance
SparkFund
U.S. Bank
Communities served
All of Colorado
Audit required?
No
All of Colorado No
All of Colorado No
All of Colorado No
Loan minimum $10,000
$10,000
$10,000
$10,000
Loan maximum $1,500,000
$250,000 (larger loans available upon request)
$1,500,000
Secured loan?
Yes, secured by a UCC-1 filing for the improvements
Yes, secured by a UCC-1 filing for the improvements
Secured only by equipment; UCC-1 filing on improvements
Approval time
Under two hours; Same-day funding
24-hour decision; seven-day funding
48-hour decision; one-day funding
Loan lengths Two to seven years
Three, four or five years; 72 months based on credit score
One to ten years
Loan rates
Start at 6%
Start at 4.99%
Start at 7%
Minimum credit score
650 FICO; application only for financing below $250,000
680 FICO; two years in business; no income required for financing below $150,000
Credit worthiness determined through simple application process.
Contact information
Josh Patton: 281-902-1969 or JoshPatton@
Pietro Simonetti: 719-445-1809 or pietro.simonetti@
Virginia Hewitt: 844-867-7275 or virginia@sparkfund.co
Website
sparkfund.co
$150,000 (larger loans available upon request)
Yes, secured by a UCC-1 filing for the improvements
48-hour decision; 30-day funding
Three, four or five years
4.25% to 6.25%
680 FICO; two years in business; no income required for financing below $150,000
Justin Warner: 303-585-4099 or justin.warner@
| ? 2015 Xcel Energy Inc. | Xcel Energy is a registered trademark of Xcel Energy Inc. Public Service Company of Colorado, an Xcel Energy Company. | 15-10-407 | 10/15
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- eu funding and financing for business finland customers
- financing options for small businesses
- business planning and financial forecasting a start up guide
- 0 99 financing for small and mid market customers
- meeting corporate customers financing needs of corporate
- customer financing for your business
- energy efficiency financing for business customers
- financing for fluke customers
- offering financing to your customers
Related searches
- in house financing for my business customers
- financing for small business customers
- xfinity deals for existing customers 2019
- xfinity deals for new customers 2019
- xfinity bundles for existing customers 2019
- in house financing for my business custo
- business financing for customers
- comcast deals for existing customers 2019
- comcast deals for new customers 2019
- financing for business customers
- financing for small business startups
- financing for business start up